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Digidrive Distributors Limited

DIGIDRIVE.NSNSE
Consumer Cyclical
Specialty Retail
18.14
1.21(7.15%)
Indian Market opens in 10h 46m

Digidrive Distributors Limited (DIGIDRIVE.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Digidrive Distributors Limited (NSE:DIGIDRIVE.NS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DIGIDRIVE.NS Technical Analysis Summary

Digidrive Distributors Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bullish to Strongly Bullish (RSI: 27.91)
Trend Strength:Weak (ADX: 18.82)
Volatility:High (ATR: 1.34)
Support/Resistance:$17.54 – $22.99 (Bollinger Bands)

Technical conditions suggest Digidrive Distributors Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 27.91

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 5.13

Bullish
Oversold zone signals rebound potential.

Williams %R: -93.91

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -17.84

Strongly Bearish
Sharp downside momentum.

Takeaway:Digidrive Distributors Limited shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -1.17

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.82

Weak
Weak trend, market trading sideways.

ATR (14): 1.34

Low
Low volatility, stable price action.

CCI (14): -199.56

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Digidrive Distributors Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$22.99
Middle Band (SMA 20)
$20.26
Lower Band
$17.54
Current Position
Within Bands

Takeaway:Digidrive Distributors Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$22.71
Middle Line (EMA 20)
$20.02
Lower Channel
$17.34
Squeeze Status
No Squeeze

Takeaway:Digidrive Distributors Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-450.48K
Money Flow Index17.01Bullish, oversold conditions signal rebound potential.
Relative Vigor Index21.86Bearish, price momentum favors sellers.

Overall Takeaway:DIGIDRIVE.NS shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Digidrive Distributors Limited, here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Digidrive Distributors Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ