(Damoindus) Damoindus complete technical analysis [charts+indicators] | Buy/Sell Damoindus | (Damoindus) share price targets
Complete technical analysis of Damoindus (Damoindus) by charts plus indicators, forecast predictions and share price targets for Damoindus (Damoindus)
Showing technical analysis as on 2024-02-01 View latest technical analysis
10 day averaged volume of Damoindus is 8277
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 60.89 | 57.05 | 61.90 | 57.04 | 1.694 times |
| 31 Wed Jan 2024 | 56.28 | 58.00 | 58.36 | 55.99 | 1.013 times |
| 30 Tue Jan 2024 | 58.05 | 56.80 | 59.00 | 56.75 | 1.215 times |
| 29 Mon Jan 2024 | 58.29 | 58.15 | 58.84 | 57.40 | 0.271 times |
| 25 Thu Jan 2024 | 57.74 | 60.98 | 61.00 | 54.30 | 0.769 times |
| 24 Wed Jan 2024 | 58.81 | 54.41 | 59.65 | 54.41 | 1.117 times |
| 23 Tue Jan 2024 | 55.24 | 58.71 | 59.51 | 54.00 | 1.674 times |
| 22 Mon Jan 2024 | 59.22 | 62.00 | 62.40 | 58.10 | 0.441 times |
| 19 Fri Jan 2024 | 61.22 | 59.99 | 62.45 | 56.43 | 1.657 times |
| 18 Thu Jan 2024 | 56.41 | 54.88 | 57.94 | 54.40 | 0.799 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 61 as stoploss in an intra day sell trade for a target of 58.16. However, stock will show a bullish move above 61.
Share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Target | 45.10 |
| Downside Target | 47.55 |
| Downside Target | 48.66 |
| Downside Target | 54.00 |
| Downside Target | 55.90 |
| Downside Target | 58.79 |
| Upside Target | 61.90 |
| Upside Target | 62.40 |
| Upside Target | 62.45 |
| Upside Target | 65.56 |
Intraday share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Intraday Target | 57.29 |
| Downside Intraday Target | 53.68 |
| Upside Intraday Target | 63.2 |
| Upside Intraday Target | 65.5 |
| Downside Intraday Target | 59.59 |
Weekly technical analysis of Damoindus (Damoindus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 60.89 | 58.15 | 61.90 | 55.99 | 1.048 times |
| 25 Thu Jan 2024 | 57.74 | 62.00 | 62.40 | 54.00 | 0.637 times |
| 19 Fri Jan 2024 | 61.22 | 60.15 | 62.45 | 54.37 | 0.154 times |
| 12 Fri Jan 2024 | 58.48 | 58.94 | 65.56 | 56.70 | 2.458 times |
| 05 Fri Jan 2024 | 57.44 | 50.24 | 58.79 | 47.55 | 10.728 times |
Price has moved up 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 Damoindus (Damoindus)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 60.89 | 57.05 | 61.90 | 57.04 | 0.024 times |
| 31 Wed Jan 2024 | 56.28 | 50.24 | 65.56 | 47.55 | 4.551 times |
| 29 Fri Dec 2023 | 49.65 | 49.05 | 54.45 | 45.10 | 1.258 times |
| 30 Thu Nov 2023 | 49.05 | 49.99 | 54.00 | 48.66 | 0.627 times |
Scroll below to view daily charts
Price has moved up 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 Damoindus (Damoindus)
Price action analysis of Damoindus ( (Damoindus) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Damoindus ( (Damoindus) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Damoindus ( (Damoindus) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Damoindus ( (Damoindus) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Damoindus stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Damoindus in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Damoindus Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Damoindus in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Damoindus is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 58.37 and Damoindus (Damoindus) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Damoindus (Damoindus) stock. Volume based technical analysis of Damoindus (Damoindus) stock is negative.
Damoindus Stock is giving positive 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.
Price action analysis of Damoindus ( (Damoindus) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Damoindus ( (Damoindus) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Damoindus ( (Damoindus) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Damoindus ( (Damoindus) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Damoindus stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Damoindus in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Damoindus Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Damoindus in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Damoindus is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 58.37 and Damoindus (Damoindus) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Damoindus (Damoindus) stock. Volume based technical analysis of Damoindus (Damoindus) stock is negative.
Damoindus Stock is giving positive 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.
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