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Digidrive Distributors Limited

DIGIDRIVE.NSNSE
Consumer Cyclical
Specialty Retail
19.11
-0.58(-2.95%)
Indian Market opens in NaNh NaNm
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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 shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 36.75)
Trend Strength:Moderate (ADX: 28.75)
Volatility:High (ATR: 1.36)
Support/Resistance:$18.57 – $25.15 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 36.75

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 6.82

Bullish
Oversold zone signals rebound potential.

Williams %R: -94.93

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -16.59

Strongly Bearish
Sharp downside momentum.

Takeaway:Digidrive Distributors Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.72

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 28.75

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.36

Low
Low volatility, stable price action.

CCI (14): -111.12

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Digidrive Distributors Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.15
Middle Band (SMA 20)
$21.86
Lower Band
$18.57
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$23.84
Middle Line (EMA 20)
$21.12
Lower Channel
$18.40
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 Volume93.39K
Money Flow Index14.42Bullish, oversold conditions signal rebound potential.
Relative Vigor Index46.62Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:DIGIDRIVE.NS shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

ADX above 20 → strong underlying trend.

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:Digidrive Distributors Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ