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

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

10 day averaged volume of Dra is 20750

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 42.95 42.95 42.95 42.95 0.12 times
06 Mon May 2024 42.10 48.70 48.70 40.75 3.012 times
03 Fri May 2024 42.00 43.23 43.23 40.75 0.964 times
02 Thu May 2024 43.23 39.55 44.88 39.55 0.602 times
30 Tue Apr 2024 39.00 39.00 39.00 39.00 0.12 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.7, but if it comes below 42.7, then a intra day sell could be more profitable.
If you take a sell trade below 42.7, then use 42.7 as stoploss and 38.08 as target. However if you take a buy trade in stock , then use 42.7 as stoploss and 48.3 as target.

Share price targets for Dra (Dra)

Target Type Value
Downside Target 23.40
Downside Target 25.22
Downside Target 26.76
Downside Target 29.75
Downside Target 30.51
Downside Target 35.98
Downside Target 38.00
Downside Target 38.90
Downside Target 40.75
Upside Target 44.50
Upside Target 47.70
Upside Target 48.00
Upside Target 48.70

Intraday share price targets for Dra (Dra)

Target Type Value
Downside Intraday Target 39.57
Downside Intraday Target 36.18
Upside Intraday Target 47.52
Upside Intraday Target 52.08
Upside Intraday Target 44.13

Weekly technical analysis of Dra (Dra)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 42.95 48.70 48.70 40.75 1.13 times
03 Fri May 2024 42.00 47.70 47.70 39.00 0.5 times
26 Fri Apr 2024 39.89 45.00 48.00 38.00 0.469 times
19 Fri Apr 2024 42.94 29.75 44.50 29.75 2.8 times
12 Fri Apr 2024 31.21 38.90 38.90 30.51 0.614 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 Dra (Dra)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 42.95 39.55 48.70 39.55 0.159 times
30 Tue Apr 2024 39.00 23.40 48.00 23.40 9.111 times
27 Wed Mar 2024 25.00 26.10 27.00 23.56 0.429 times
29 Thu Feb 2024 27.25 32.80 35.98 26.76 0.441 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 Dra (Dra)

Indicator Name Indicator Value Indicator Signal
ADX 50, 12, 61 Buy
MACD 5, 5Buy
Stochastics 42None
CCI 53Sell
RSI 58Buy
OBV 300000Sell
VWAP 41Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Dra ( (Dra) ) 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 Dra ( (Dra) ) 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 Dra ( (Dra) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Dra ( (Dra) ) 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 Dra stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Dra in short term and the buy signal is strong.

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

Dra 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 getting stronger in this stock.

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 SELL signal for Dra 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 Dra is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.39 and Dra (Dra) 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 Dra (Dra) stock. Volume based technical analysis of Dra (Dra) stock is negative.

Dra Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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

Click here for Dra charts

Click here for further forecast and predictions for tomorrow

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