(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 2024-05-08 View latest technical analysis
10 day averaged volume of Damoindus is 7249
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 52.54 | 51.34 | 52.54 | 50.89 | 0.366 times |
| 07 Tue May 2024 | 50.33 | 52.40 | 52.40 | 50.15 | 0.376 times |
| 06 Mon May 2024 | 52.41 | 54.50 | 54.75 | 52.25 | 0.413 times |
| 03 Fri May 2024 | 53.82 | 55.44 | 56.70 | 52.20 | 3.657 times |
| 02 Thu May 2024 | 53.95 | 54.05 | 54.05 | 53.10 | 0.201 times |
| 30 Tue Apr 2024 | 52.89 | 52.45 | 55.15 | 51.75 | 1.57 times |
| 29 Mon Apr 2024 | 51.54 | 51.60 | 52.99 | 51.00 | 0.112 times |
| 26 Fri Apr 2024 | 51.54 | 56.20 | 56.20 | 51.54 | 0.066 times |
| 25 Thu Apr 2024 | 51.94 | 52.20 | 53.11 | 51.02 | 0.38 times |
| 24 Wed Apr 2024 | 52.37 | 53.35 | 54.80 | 51.61 | 2.97 times |
My analysis of stock is bullish for shortterm, and stock might move up till 53.4 or till 55.1. Use a stoploss of 52.03 and if this stock hits its stoploss, then it can fall down till 50.63
Share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Target | 41.15 |
| Downside Target | 43.21 |
| Downside Target | 47.55 |
| Downside Target | 50.15 |
| Upside Target | 54.50 |
| Upside Target | 56.20 |
| Upside Target | 56.70 |
| Upside Target | 56.95 |
| Upside Target | 65.56 |
| Upside Target | 68.05 |
Intraday share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Intraday Target | 50.21 |
| Downside Intraday Target | 47.88 |
| Upside Intraday Target | 54.81 |
| Upside Intraday Target | 57.08 |
| Downside Intraday Target | 52.48 |
Weekly technical analysis of Damoindus (Damoindus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 52.54 | 54.50 | 54.75 | 50.15 | 0.209 times |
| 03 Fri May 2024 | 53.82 | 51.60 | 56.70 | 51.00 | 1.166 times |
| 26 Fri Apr 2024 | 51.54 | 51.87 | 56.20 | 50.20 | 1.334 times |
| 19 Fri Apr 2024 | 51.87 | 50.06 | 54.50 | 48.30 | 0.496 times |
| 12 Fri Apr 2024 | 51.45 | 48.36 | 54.83 | 48.36 | 1.092 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 Damoindus (Damoindus)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 52.54 | 54.05 | 56.70 | 50.15 | 0.211 times |
| 30 Tue Apr 2024 | 52.89 | 43.55 | 56.20 | 43.21 | 1.97 times |
| 28 Thu Mar 2024 | 41.36 | 54.99 | 56.95 | 41.15 | 0.18 times |
| 29 Thu Feb 2024 | 54.35 | 57.05 | 68.05 | 51.50 | 0.836 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 Damoindus (Damoindus)
Price action analysis of Damoindus ( (Damoindus) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Damoindus ( (Damoindus) ) 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Damoindus in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Damoindus is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.91 and Damoindus (Damoindus) 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 Damoindus (Damoindus) stock. Volume based technical analysis of Damoindus (Damoindus) stock is negative.
Damoindus 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.
Price action analysis of Damoindus ( (Damoindus) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Damoindus ( (Damoindus) ) 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Damoindus in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Damoindus is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.91 and Damoindus (Damoindus) 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 Damoindus (Damoindus) stock. Volume based technical analysis of Damoindus (Damoindus) stock is negative.
Damoindus 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.
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