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(DNAMEDIA_BE) Diligent Media complete technical analysis [charts+indicators] | Buy/Sell Diligent Media | (DNAMEDIA_BE) share price targets

Complete technical analysis of Diligent Media (DNAMEDIA_BE) by charts plus indicators, forecast predictions and share price targets for Diligent Media (DNAMEDIA_BE)

10 day averaged volume of Diligent Media is 75275

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 4.35 4.15 4.35 4.15 1.472 times
16 Thu May 2024 4.15 4.25 4.25 4.00 0.482 times
15 Wed May 2024 4.15 4.25 4.25 4.15 0.293 times
14 Tue May 2024 4.20 4.15 4.30 4.05 0.385 times
13 Mon May 2024 4.15 4.00 4.15 4.00 0.551 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4.3, but if it comes below 4.3, then a intra day sell could be more profitable.
If you take a sell trade below 4.3, then use 4.3 as stoploss and 4.24 as target. However if you take a buy trade in stock , then use 4.3 as stoploss and 4.5 as target.

Share price targets for Diligent Media (DNAMEDIA_BE)

Target Type Value
Downside Target 4.00
Downside Target 4.10
Downside Target 4.25
Upside Target 4.60
Upside Target 4.65
Upside Target 4.70
Upside Target 5.20
Upside Target 5.60
Upside Target 6.80

Intraday share price targets for Diligent Media (DNAMEDIA_BE)

Target Type Value
Downside Intraday Target 4.12
Downside Intraday Target 3.88
Upside Intraday Target 4.47
Upside Intraday Target 4.58
Downside Intraday Target 4.23

Weekly technical analysis of Diligent Media (DNAMEDIA_BE)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 4.35 4.00 4.35 4.00 0.467 times
10 Fri May 2024 4.15 4.55 4.60 4.10 5.202 times
03 Fri May 2024 4.35 4.30 4.40 4.30 0.909 times
26 Fri Apr 2024 4.25 4.20 4.25 4.10 2.808 times
19 Fri Apr 2024 4.20 4.25 4.25 4.10 0.488 times

Price has moved up 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 Diligent Media (DNAMEDIA_BE)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 4.35 4.40 4.60 4.00 1.722 times
30 Tue Apr 2024 4.35 4.65 4.65 4.10 0.549 times
28 Thu Mar 2024 4.65 5.10 5.20 4.00 0.955 times
29 Thu Feb 2024 5.20 5.85 6.80 5.20 0.637 times

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Diligent Media (DNAMEDIA_BE)

Indicator Name Indicator Value Indicator Signal
ADX 33, 28, 9 Buy
MACD -0, -0Buy
Stochastics 36None
CCI 27Buy
RSI 56Buy
OBV 236172Sell
VWAP 4Buy
ADL 0Sell
ROC 0Sell
Force Index 0Sell

Price action analysis of Diligent Media ( (DNAMEDIA_BE) ) based on a short 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 Diligent Media ( (DNAMEDIA_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Diligent Media ( (DNAMEDIA_BE) ) based on a short to mid 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 Diligent Media ( (DNAMEDIA_BE) ) based on a mid to longer 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.

ADX buy sell signal for Diligent Media stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Diligent Media in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Diligent Media 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 Diligent Media in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Diligent Media is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.32 and Diligent Media (DNAMEDIA_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Diligent Media (DNAMEDIA_BE) stock. Volume based technical analysis of Diligent Media (DNAMEDIA_BE) stock is negative.

Diligent Media Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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

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