DC Infotech & Communication Ltd - Multi Step Period Momentum
Key Observations
Price Movement:
The price has shown significant upward momentum during the "30-0" period, marked by tall blue candles and higher highs, signaling strong buying interest.
Demand vs. Supply:
Demand Strength: 100% during the "current candle" period, indicating complete dominance of buyers.
Supply Strength: 0%, showing no resistance from sellers in the latest period.
Moving Averages:
74.61% Demand, significantly outpacing the 25.39% Supply, further affirming bullish sentiment.
The price remains above the moving averages, which likely act as dynamic support levels.
Volume Analysis (Delta and Total):
30-0 Period:
Delta: +72.102K, indicating a strong surge in demand.
Total Volume: 109.14K, the highest among all periods.
60-30 Period:
Delta: -22.272K, reflecting net selling pressure or a consolidation phase.
Total Volume: 77.32K, showing reduced trading activity.
90-60 Period:
Delta: +34.377K, hinting at initial accumulation or buying.
Total Volume: 66.663K, the lowest among the three periods, suggesting a gradual build-up.
Projected Trend:
The green-highlighted region and the future trajectory drawn suggest continued bullish momentum, potentially leading to new highs.
Conclusion:
The chart reflects a classic accumulation-distribution cycle:
Accumulation: Gradual buying in the "90-60" and "60-30" periods.
Breakout: Strong upward movement in the "30-0" period, backed by rising volumes and dominance of buyers.
If the current demand strength persists, the stock is likely to maintain its upward trajectory.
Price Movement:
The price has shown significant upward momentum during the "30-0" period, marked by tall blue candles and higher highs, signaling strong buying interest.
Demand vs. Supply:
Demand Strength: 100% during the "current candle" period, indicating complete dominance of buyers.
Supply Strength: 0%, showing no resistance from sellers in the latest period.
Moving Averages:
74.61% Demand, significantly outpacing the 25.39% Supply, further affirming bullish sentiment.
The price remains above the moving averages, which likely act as dynamic support levels.
Volume Analysis (Delta and Total):
30-0 Period:
Delta: +72.102K, indicating a strong surge in demand.
Total Volume: 109.14K, the highest among all periods.
60-30 Period:
Delta: -22.272K, reflecting net selling pressure or a consolidation phase.
Total Volume: 77.32K, showing reduced trading activity.
90-60 Period:
Delta: +34.377K, hinting at initial accumulation or buying.
Total Volume: 66.663K, the lowest among the three periods, suggesting a gradual build-up.
Projected Trend:
The green-highlighted region and the future trajectory drawn suggest continued bullish momentum, potentially leading to new highs.
Conclusion:
The chart reflects a classic accumulation-distribution cycle:
Accumulation: Gradual buying in the "90-60" and "60-30" periods.
Breakout: Strong upward movement in the "30-0" period, backed by rising volumes and dominance of buyers.
If the current demand strength persists, the stock is likely to maintain its upward trajectory.
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