(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 2024-05-23 View latest technical analysis
10 day averaged volume of Damoindus is 3875
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 49.52 | 50.00 | 50.65 | 49.52 | 0.312 times |
| 22 Wed May 2024 | 50.13 | 51.00 | 51.30 | 49.70 | 0.947 times |
| 21 Tue May 2024 | 51.09 | 55.50 | 55.50 | 49.63 | 1.457 times |
| 18 Sat May 2024 | 49.50 | 50.40 | 51.22 | 49.50 | 0.389 times |
| 17 Fri May 2024 | 50.78 | 50.00 | 51.00 | 49.20 | 0.854 times |
| 16 Thu May 2024 | 49.92 | 50.25 | 51.20 | 49.50 | 0.782 times |
| 15 Wed May 2024 | 50.44 | 49.61 | 51.05 | 49.50 | 1.133 times |
| 14 Tue May 2024 | 50.04 | 49.70 | 50.85 | 49.00 | 1.005 times |
| 13 Mon May 2024 | 49.78 | 49.23 | 50.96 | 48.60 | 0.373 times |
| 10 Fri May 2024 | 50.22 | 57.90 | 57.90 | 49.17 | 1.013 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.7, but if it comes above 49.7, then a intra day buy could be more profitable.
If you take a sell trade below 49.7, then use 49.7 as stoploss and 48.1 as target. However if you take a buy trade in stock , then use 49.7 as stoploss and 51.11 as target.
Share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Target | 41.15 |
| Downside Target | 43.21 |
| Downside Target | 47.55 |
| Downside Target | 48.60 |
| Upside Target | 55.50 |
| Upside Target | 56.20 |
| Upside Target | 56.70 |
| Upside Target | 56.95 |
| Upside Target | 57.90 |
| Upside Target | 65.56 |
| Upside Target | 68.05 |
Intraday share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Intraday Target | 47.53 |
| Downside Intraday Target | 45.53 |
| Upside Intraday Target | 53.51 |
| Upside Intraday Target | 57.49 |
| Upside Intraday Target | 51.51 |
Weekly technical analysis of Damoindus (Damoindus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 49.52 | 55.50 | 55.50 | 49.52 | 0.599 times |
| 18 Sat May 2024 | 49.50 | 49.23 | 51.22 | 48.60 | 0.869 times |
| 10 Fri May 2024 | 50.22 | 54.50 | 57.90 | 49.11 | 0.504 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 |
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 |
| 23 Thu May 2024 | 49.52 | 54.05 | 57.90 | 48.60 | 0.443 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 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 Damoindus ( (Damoindus) ) 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 Damoindus ( (Damoindus) ) 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 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 losing momentum.
MACD generated a SELL signal for Damoindus in short term and the sell signal is strong.
Damoindus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Damoindus in short term and SELL 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 50.32 and Damoindus (Damoindus) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 Damoindus ( (Damoindus) ) 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 Damoindus ( (Damoindus) ) 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 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 losing momentum.
MACD generated a SELL signal for Damoindus in short term and the sell signal is strong.
Damoindus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Damoindus in short term and SELL 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 50.32 and Damoindus (Damoindus) stock is trading below this level. This means that stock is falling with high volumes. 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 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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