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(DUCON_BE) Ducon Infratechnologies complete technical analysis [charts+indicators] | Buy/Sell Ducon Infratechnologies | (DUCON_BE) share price targets

Complete technical analysis of Ducon Infratechnologies (DUCON_BE) by charts plus indicators, forecast predictions and share price targets for Ducon Infratechnologies (DUCON_BE)

10 day averaged volume of Ducon Infratechnologies is 255782

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 7.85 8.25 8.25 7.80 2.061 times
20 Mon May 2024 8.20 8.35 8.55 8.00 1.709 times
17 Fri May 2024 8.20 8.25 8.25 8.05 2.855 times
16 Thu May 2024 7.90 7.90 7.90 7.90 0.158 times
15 Wed May 2024 7.55 7.55 7.55 7.55 0.203 times

Stock of Ducon Infratechnologies (DUCON_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.8, but if it comes below 7.8, then a intra day sell could be more profitable.
If you take a sell trade below 7.8, then use 7.8 as stoploss and 7.38 as target. However if you take a buy trade in stock , then use 7.8 as stoploss and 8.4 as target.

Share price targets for Ducon Infratechnologies (DUCON_BE)

Target Type Value
Downside Target 6.60
Downside Target 6.90
Downside Target 7.10
Downside Target 7.40
Downside Target 7.80
Upside Target 8.00
Upside Target 8.25
Upside Target 8.55
Upside Target 8.75
Upside Target 9.20
Upside Target 9.80
Upside Target 10.90
Upside Target 12.50
Upside Target 12.75

Intraday share price targets for Ducon Infratechnologies (DUCON_BE)

Target Type Value
Downside Intraday Target 7.58
Downside Intraday Target 7.32
Upside Intraday Target 8.33
Upside Intraday Target 8.82
Upside Intraday Target 8.07

Weekly technical analysis of Ducon Infratechnologies (DUCON_BE)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 7.85 8.35 8.55 7.80 0.797 times
17 Fri May 2024 8.20 6.90 8.25 6.90 1.943 times
10 Fri May 2024 6.60 7.10 7.10 6.60 0.793 times
03 Fri May 2024 7.20 7.30 7.40 7.10 1.283 times
26 Fri Apr 2024 7.45 8.00 8.00 7.45 2.05 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 Ducon Infratechnologies (DUCON_BE)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 7.85 7.40 8.55 6.60 0.612 times
30 Tue Apr 2024 7.40 7.15 8.75 7.15 0.672 times
28 Thu Mar 2024 7.10 10.50 10.90 7.10 0.866 times
29 Thu Feb 2024 10.30 10.60 12.50 9.80 0.395 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 Ducon Infratechnologies (DUCON_BE)

Indicator Name Indicator Value Indicator Signal
ADX 57, 25, 39 Buy
MACD -0, -1Buy
Stochastics 81Buy
CCI 67Sell
RSI 64Buy
OBV -868629Sell
VWAP 8Buy
ADL 0Sell
ROC 14Buy
Force Index 0Sell

Price action analysis of Ducon Infratechnologies ( (DUCON_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ducon Infratechnologies ( (DUCON_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ducon Infratechnologies ( (DUCON_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 Ducon Infratechnologies ( (DUCON_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 Ducon Infratechnologies stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Ducon Infratechnologies 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.

Ducon Infratechnologies Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Ducon Infratechnologies in short term but SELL 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 Ducon Infratechnologies is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.7 and Ducon Infratechnologies (DUCON_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Ducon Infratechnologies (DUCON_BE) stock. Volume based technical analysis of Ducon Infratechnologies (DUCON_BE) stock is negative.

Ducon Infratechnologies Stock is giving positive 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.

Click here for Ducon Infratechnologies charts

Click here for further forecast and predictions for tomorrow

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