(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 2024-10-16 View latest technical analysis
10 day averaged volume of is 66410
Date | Daily Closing Price | Open | High | Low | Volume |
16 Wed Oct 2024 | 1.33 | 1.30 | 1.50 | 1.30 | 4.158 times |
15 Tue Oct 2024 | 1.29 | 1.28 | 1.38 | 1.25 | 2.504 times |
14 Mon Oct 2024 | 1.29 | 1.35 | 1.35 | 1.22 | 1.009 times |
11 Fri Oct 2024 | 1.35 | 1.31 | 1.38 | 1.31 | 0.425 times |
10 Thu Oct 2024 | 1.34 | 1.36 | 1.43 | 1.32 | 0.775 times |
09 Wed Oct 2024 | 1.36 | 1.34 | 1.38 | 1.31 | 0.539 times |
08 Tue Oct 2024 | 1.37 | 1.33 | 1.38 | 1.30 | 0.738 times |
07 Mon Oct 2024 | 1.33 | 1.43 | 1.43 | 1.31 | 1.211 times |
04 Fri Oct 2024 | 1.42 | 1.44 | 1.47 | 1.40 | 0.361 times |
03 Thu Oct 2024 | 1.43 | 1.48 | 1.53 | 1.38 | 1.504 times |
Stock of (DRMA) has showed a significant upmove. This could be a good time to enter in this stock!
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 1.3 as stoploss in an intra day buy trade for a target of 1.47. However, stock will show a bearish move below 1.3.
Share price targets for (DRMA)
Target Type | Value |
Downside Target | 1.22 |
Downside Target | 1.29 |
Upside Target | 1.35 |
Upside Target | 1.38 |
Upside Target | 1.43 |
Upside Target | 1.48 |
Upside Target | 1.66 |
Upside Target | 1.75 |
Upside Target | 1.82 |
Upside Target | 2.10 |
Upside Target | 2.49 |
Upside Target | 3.79 |
Upside Target | 3.91 |
Upside Target | 5.00 |
Intraday share price targets for (DRMA)
Target Type | Value |
Downside Intraday Target | 1.2 |
Downside Intraday Target | 1.07 |
Upside Intraday Target | 1.48 |
Upside Intraday Target | 1.63 |
Upside Intraday Target | 1.35 |
Weekly technical analysis of (DRMA)
Date | Weekly Closing Price | Open | High | Low | Volume |
16 Wed Oct 2024 | 1.33 | 1.35 | 1.50 | 1.22 | 2.08 times |
11 Fri Oct 2024 | 1.35 | 1.43 | 1.43 | 1.30 | 0.445 times |
04 Fri Oct 2024 | 1.42 | 1.59 | 1.69 | 1.38 | 0.881 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of (DRMA)
Date | Monthly Closing Price | Open | High | Low | Volume |
16 Wed Oct 2024 | 1.33 | 1.59 | 1.66 | 1.22 | 0.04 times |
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 |
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of ( (DRMA) ) 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 ( (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 gaining 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 and BUY signal is strong.
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 is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.34 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of ( (DRMA) ) 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 ( (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 gaining 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 and BUY signal is strong.
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 is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.34 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.