D B Realty Limited (DBREALTY) Stock - Complete Technical Analysis - Dec 02, 2024

D B Realty Technical Analysis Support, Resistance, and Key Indicators

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions. D B Realty Limited (DBREALTY) stock has been showing signs of indecision, with both Doji and Spinning Top candlestick patterns signaling uncertainty in the market. The stock is trading at 172.46, still 39.47% below its 52-week high of 284.9, but 14.28% above its 52-week low.

Recent support levels are around 170.31, while resistance is seen around the 173-174 range. If the stock manages to break above 174, it may head toward the 180 range, which could be an ideal entry point for bulls.

From a technical indicators perspective, RSI is neutral, indicating the stock is not in overbought or oversold conditions. The ADX is low, showing that there is no strong trend, which aligns with the current price consolidation. The MACD is negative, hinting at a slight bearish trend, but the Awesome Oscillator shows positive momentum, suggesting potential upward movement if resistance is breached.

In terms of volatility, the ATR is relatively stable, indicating that the stock is not experiencing large price swings. Moving averages are clustered in the 166-173 zone, further supporting the idea of a range-bound market. A break below 170 could push the stock to test lower support levels.

To sum it up, D B Realty stock is currently in a range, and the next big move will likely come if it breaks above 174 or below 170. Traders should be on the lookout for these levels for signs of the next trend.