(DRMA) complete technical analysis [charts+indicators] | Buy/Sell | (DRMA) share price targets
Complete technical analysis of (DRMA) by charts plus indicators, forecast predictions and share price targets for (DRMA)
Showing technical analysis as on 2024-08-20 View latest technical analysis
10 day averaged volume of is 172500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 2.02 | 2.11 | 2.15 | 1.93 | 0.78 times |
| 19 Mon Aug 2024 | 2.15 | 1.96 | 2.19 | 1.94 | 0.394 times |
| 16 Fri Aug 2024 | 1.96 | 1.96 | 2.03 | 1.94 | 0.484 times |
| 15 Thu Aug 2024 | 2.06 | 2.21 | 2.28 | 2.05 | 0.591 times |
| 14 Wed Aug 2024 | 2.26 | 2.21 | 2.37 | 2.20 | 0.348 times |
| 13 Tue Aug 2024 | 2.21 | 2.28 | 2.34 | 2.13 | 0.495 times |
| 12 Mon Aug 2024 | 2.27 | 2.42 | 2.42 | 2.22 | 0.454 times |
| 09 Fri Aug 2024 | 2.46 | 2.57 | 2.88 | 2.41 | 1.323 times |
| 08 Thu Aug 2024 | 2.62 | 2.15 | 2.80 | 2.15 | 2.212 times |
| 07 Wed Aug 2024 | 2.33 | 2.35 | 2.45 | 2.11 | 1.251 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2 as stoploss in an intra day buy trade for a target of 2.3. However, stock will show a bearish move below 2.
Share price targets for (DRMA)
| Target Type | Value |
| Downside Target | 0.23 |
| Downside Target | 0.31 |
| Downside Target | 0.44 |
| Downside Target | 1.29 |
| Downside Target | 1.62 |
| Downside Target | 1.71 |
| Downside Target | 1.93 |
| Upside Target | 2.10 |
| Upside Target | 2.19 |
| Upside Target | 2.42 |
| Upside Target | 3.07 |
| Upside Target | 3.79 |
| Upside Target | 3.91 |
| Upside Target | 5.00 |
| Upside Target | 5.79 |
Intraday share price targets for (DRMA)
| Target Type | Value |
| Downside Intraday Target | 1.9 |
| Downside Intraday Target | 1.79 |
| Upside Intraday Target | 2.16 |
| Upside Intraday Target | 2.31 |
| Upside Intraday Target | 2.05 |
Weekly technical analysis of (DRMA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 2.02 | 1.96 | 2.19 | 1.93 | 0.495 times |
| 16 Fri Aug 2024 | 1.96 | 2.42 | 2.42 | 1.94 | 0.179 times |
| 09 Fri Aug 2024 | 2.46 | 2.86 | 3.07 | 2.11 | 0.037 times |
| 02 Fri Aug 2024 | 3.22 | 2.16 | 3.79 | 1.62 | 0.895 times |
| 26 Fri Jul 2024 | 2.27 | 1.63 | 5.00 | 1.29 | 166.669 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 (DRMA)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 2.02 | 1.76 | 3.79 | 1.71 | 0.893 times |
| 31 Wed Jul 2024 | 1.72 | 2.30 | 5.00 | 1.29 | 59.731 times |
| 28 Fri Jun 2024 | 2.39 | 3.90 | 3.91 | 2.10 | 0.845 times |
| 31 Fri May 2024 | 3.84 | 0.33 | 5.79 | 0.31 | 0.376 times |
Scroll below to view daily charts
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 (DRMA)
Price action analysis of ( (DRMA) ) 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 ( (DRMA) ) 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 ( (DRMA) ) based on a short to mid 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 ( (DRMA) ) 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 stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for in short term and the sell signal is strong.
Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.34 and (DRMA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the (DRMA) stock. Volume based technical analysis of (DRMA) stock is negative.
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.
Price action analysis of ( (DRMA) ) 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 ( (DRMA) ) 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 ( (DRMA) ) based on a short to mid 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 ( (DRMA) ) 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 stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for in short term and the sell signal is strong.
Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.34 and (DRMA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the (DRMA) stock. Volume based technical analysis of (DRMA) stock is negative.
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.