(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 2024-05-28 View latest technical analysis
10 day averaged volume of Damoindus is 3606
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 50.68 | 49.60 | 51.85 | 49.00 | 0.422 times |
| 27 Mon May 2024 | 50.02 | 50.95 | 51.45 | 49.99 | 2.107 times |
| 24 Fri May 2024 | 50.77 | 51.37 | 52.05 | 50.60 | 0.502 times |
| 23 Thu May 2024 | 49.52 | 50.00 | 50.65 | 49.52 | 0.336 times |
| 22 Wed May 2024 | 50.13 | 51.00 | 51.30 | 49.70 | 1.017 times |
| 21 Tue May 2024 | 51.09 | 55.50 | 55.50 | 49.63 | 1.565 times |
| 18 Sat May 2024 | 49.50 | 50.40 | 51.22 | 49.50 | 0.418 times |
| 17 Fri May 2024 | 50.78 | 50.00 | 51.00 | 49.20 | 0.917 times |
| 16 Thu May 2024 | 49.92 | 50.25 | 51.20 | 49.50 | 0.841 times |
| 15 Wed May 2024 | 50.44 | 49.61 | 51.05 | 49.50 | 1.218 times |
My analysis of stock is bearish for shortterm, and stock might move down till 49.6 or till 47.9. Use a stoploss of 50.94 and if the stock hits stoploss, then it can shoot up till 52.3
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 | 51.00 |
| 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 | 49.17 |
| Downside Intraday Target | 47.66 |
| Upside Intraday Target | 52.02 |
| Upside Intraday Target | 53.36 |
| Downside Intraday Target | 50.51 |
Weekly technical analysis of Damoindus (Damoindus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 50.68 | 50.95 | 51.85 | 49.00 | 0.739 times |
| 24 Fri May 2024 | 50.77 | 55.50 | 55.50 | 49.52 | 0.702 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 |
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 |
| 28 Tue May 2024 | 50.68 | 54.05 | 57.90 | 48.60 | 0.507 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
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 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 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 but buying is losing 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 50.36 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 negative.
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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
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 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 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 but buying is losing 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 50.36 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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