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(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 2024-09-30 View latest technical analysis

10 day averaged volume of is 2702450

Date Daily Closing Price Open High Low Volume
30 Mon Sep 2024 1.64 1.59 1.69 1.56 0.074 times
27 Fri Sep 2024 1.56 1.56 1.62 1.50 0.059 times
26 Thu Sep 2024 1.55 1.56 1.60 1.49 0.018 times
25 Wed Sep 2024 1.55 1.50 1.63 1.50 0.069 times
24 Tue Sep 2024 1.50 1.63 1.63 1.48 0.051 times
23 Mon Sep 2024 1.62 1.82 1.82 1.61 0.034 times
20 Fri Sep 2024 1.78 1.78 1.84 1.76 0.038 times
19 Thu Sep 2024 1.75 2.28 2.30 1.75 0.181 times
18 Wed Sep 2024 2.25 1.93 2.38 1.93 0.23 times
17 Tue Sep 2024 2.06 2.11 2.27 1.95 0.354 times

My analysis of stock is bearish for shortterm, and stock might move down till 1.4 or till 1.1. Use a stoploss of 1.68 and if the stock hits stoploss, then it can shoot up till 1.92

Share price targets for (DRMA)

Target Type Value
Downside Target 0.31
Downside Target 1.29
Downside Target 1.35
Downside Target 1.42
Downside Target 1.48
Downside Target 1.56
Upside Target 1.67
Upside Target 1.82
Upside Target 2.10
Upside Target 2.49
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 1.57
Downside Intraday Target 1.5
Upside Intraday Target 1.7
Upside Intraday Target 1.76
Downside Intraday Target 1.63

Weekly technical analysis of (DRMA)

Date Weekly Closing Price Open High Low Volume
30 Mon Sep 2024 1.64 1.59 1.69 1.56 0.321 times
27 Fri Sep 2024 1.56 1.82 1.82 1.48 0.024 times
20 Fri Sep 2024 1.78 2.38 2.49 1.75 77.598 times
13 Fri Sep 2024 1.58 1.58 1.74 1.42 1.012 times
06 Fri Sep 2024 1.58 1.71 1.71 1.35 3.781 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
30 Mon Sep 2024 1.64 1.71 2.49 1.35 0.431 times
30 Fri Aug 2024 1.74 1.76 3.79 1.67 0.908 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

Scroll below to view daily charts

Price has moved down 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 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 ( (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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for in short term and the sell signal is strong.

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

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 moving up

CCI has generated a buy signal for 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.91 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 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 ( (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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for in short term and the sell signal is strong.

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

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 moving up

CCI has generated a buy signal for 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.91 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.

Daily charts

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Daily chart
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