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(DMART) Avenue Supermarts complete technical analysis [charts+indicators] | Buy/Sell Avenue Supermarts | (DMART) share price targets

Complete technical analysis of Avenue Supermarts (DMART) by charts plus indicators, forecast predictions and share price targets for Avenue Supermarts (DMART)

10 day averaged volume of Avenue Supermarts is 440059

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 4682.90 4680.00 4710.00 4665.05 0.462 times
16 Thu May 2024 4671.25 4674.30 4699.00 4660.05 1.18 times
15 Wed May 2024 4652.45 4614.95 4680.00 4597.10 0.678 times
14 Tue May 2024 4597.05 4739.00 4755.00 4550.35 0.856 times
13 Mon May 2024 4693.70 4799.95 4809.00 4667.00 0.434 times

My analysis of stock is bullish for shortterm, and stock might move up till 4766.9 or till 4875.6. Use a stoploss of 4676.4 and if this stock hits its stoploss, then it can fall down till 4585.87

Share price targets for Avenue Supermarts (DMART)

Target Type Value
Downside Target 3644.30
Downside Target 3811.30
Downside Target 3948.30
Downside Target 4155.00
Downside Target 4400.05
Downside Target 4650.00
Upside Target 4809.00
Upside Target 4836.70
Upside Target 4890.00
Upside Target 4895.60

Intraday share price targets for Avenue Supermarts (DMART)

Target Type Value
Downside Intraday Target 4552.5
Downside Intraday Target 4422.1
Upside Intraday Target 4811.15
Upside Intraday Target 4939.4
Downside Intraday Target 4680.75

Weekly technical analysis of Avenue Supermarts (DMART)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 4682.90 4799.95 4809.00 4550.35 0.565 times
10 Fri May 2024 4796.80 4620.00 4895.60 4576.00 1.639 times
03 Fri May 2024 4612.35 4560.50 4650.00 4450.00 1.051 times
26 Fri Apr 2024 4553.15 4743.00 4890.00 4531.50 0.907 times
19 Fri Apr 2024 4696.00 4680.00 4836.70 4605.00 0.836 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Avenue Supermarts (DMART)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 4682.90 4609.95 4895.60 4545.05 0.525 times
30 Tue Apr 2024 4603.80 4570.00 4890.00 4400.05 0.943 times
28 Thu Mar 2024 4525.60 3925.00 4560.00 3811.30 1.542 times
29 Thu Feb 2024 3918.90 3810.00 3948.30 3644.30 0.677 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Avenue Supermarts (DMART)

Indicator Name Indicator Value Indicator Signal
ADX 22, 19, 6 Buy
MACD 146, 172Sell
Stochastics 35None
CCI -20Buy
RSI 51Buy
OBV 1266942Sell
VWAP 4705Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Avenue Supermarts ( (DMART) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Avenue Supermarts ( (DMART) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Avenue Supermarts ( (DMART) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Avenue Supermarts ( (DMART) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Avenue Supermarts stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Avenue Supermarts in short term but the sell signal is initial and weak.

Avenue Supermarts Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Avenue Supermarts in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Avenue Supermarts is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4705.48 and Avenue Supermarts (DMART) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Avenue Supermarts (DMART) stock. Volume based technical analysis of Avenue Supermarts (DMART) stock is negative.

Avenue Supermarts Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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