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

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

Diamedica Therapeutics trades in USA in Health Care sector.

Showing technical analysis as on 2024-06-06 View latest technical analysis

10 day averaged volume of Diamedica Therapeutics is 17190

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	2.73	2.88	2.88	2.68	2.042 times
05 Wed Jun 2024	2.88	2.87	2.90	2.80	0.39 times
04 Tue Jun 2024	2.82	2.88	2.88	2.80	1.379 times
03 Mon Jun 2024	2.95	2.93	2.96	2.87	0.46 times
31 Fri May 2024	2.90	2.83	2.92	2.82	0.494 times
30 Thu May 2024	2.77	2.87	2.95	2.77	2.461 times
29 Wed May 2024	2.76	2.85	2.90	2.75	1.431 times
28 Tue May 2024	2.85	2.86	2.89	2.77	0.727 times
23 Thu May 2024	2.85	2.81	2.91	2.78	1.14 times
22 Wed May 2024	2.83	3.02	3.02	2.80	1.07 times

Stock of Diamedica Therapeutics (DMAC) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.8, but if it comes above 2.8, then a intra day buy could be more profitable.
If you take a sell trade below 2.8, then use 2.8 as stoploss and 2.6 as target. However if you take a buy trade in stock , then use 2.8 as stoploss and 2.99 as target.

Share price targets for Diamedica Therapeutics (DMAC)

Target Type	Value
Downside Target	2.26
Downside Target	2.44
Downside Target	2.50
Downside Target	2.68
Upside Target	2.74
Upside Target	2.95
Upside Target	3.20
Upside Target	3.23
Upside Target	3.30
Upside Target	3.34
Upside Target	3.73

Intraday share price targets for Diamedica Therapeutics (DMAC)

Target Type	Value
Downside Intraday Target	2.62
Downside Intraday Target	2.51
Upside Intraday Target	2.9
Upside Intraday Target	3.07
Upside Intraday Target	2.79

Weekly technical analysis of Diamedica Therapeutics (DMAC)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	2.73	2.93	2.96	2.68	0.835 times
31 Fri May 2024	2.90	2.86	2.95	2.75	1.679 times
23 Thu May 2024	2.85	3.20	3.20	2.78	0.73 times
17 Fri May 2024	3.17	3.06	3.23	2.97	0.148 times
10 Fri May 2024	3.12	3.04	3.73	3.00	2.758 times

Price has moved down 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 Diamedica Therapeutics (DMAC)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	2.73	2.93	2.96	2.68	0.086 times
31 Fri May 2024	2.90	2.58	3.73	2.50	1.157 times
30 Tue Apr 2024	2.53	2.74	3.20	2.26	0.867 times
28 Thu Mar 2024	2.77	3.02	3.34	2.44	1.137 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 Diamedica Therapeutics (DMAC)

Price action analysis of Diamedica Therapeutics ( (DMAC) ) based on a short 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 Diamedica Therapeutics ( (DMAC) ) 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 Diamedica Therapeutics ( (DMAC) ) 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 Diamedica Therapeutics ( (DMAC) ) based on a mid to longer 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.

ADX buy sell signal for Diamedica Therapeutics stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Diamedica Therapeutics in short term and the sell signal is strong.

Diamedica Therapeutics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Diamedica Therapeutics in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Diamedica Therapeutics is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.8 and Diamedica Therapeutics (DMAC) 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 Diamedica Therapeutics (DMAC) stock. Volume based technical analysis of Diamedica Therapeutics (DMAC) stock is negative.

Diamedica Therapeutics Stock has given negative 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.