(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 2024-06-05 View latest technical analysis
10 day averaged volume of Damoindus is 2877
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 46.01 | 41.09 | 47.75 | 41.09 | 0.978 times |
| 04 Tue Jun 2024 | 45.14 | 54.99 | 54.99 | 43.65 | 2.007 times |
| 03 Mon Jun 2024 | 49.82 | 51.00 | 51.00 | 49.06 | 0.468 times |
| 31 Fri May 2024 | 49.69 | 50.54 | 50.54 | 49.04 | 0.497 times |
| 30 Thu May 2024 | 49.93 | 54.90 | 54.90 | 49.70 | 0.496 times |
| 29 Wed May 2024 | 50.00 | 50.60 | 50.79 | 49.11 | 1.038 times |
| 28 Tue May 2024 | 50.68 | 49.60 | 51.85 | 49.00 | 0.528 times |
| 27 Mon May 2024 | 50.02 | 50.95 | 51.45 | 49.99 | 2.641 times |
| 24 Fri May 2024 | 50.77 | 51.37 | 52.05 | 50.60 | 0.629 times |
| 23 Thu May 2024 | 49.52 | 50.00 | 50.65 | 49.52 | 0.421 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 46.5, for a target of 48.2 or 49.67
Share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Target | 41.09 |
| Downside Target | 43.21 |
| Upside Target | 48.60 |
| Upside Target | 51.22 |
| Upside Target | 54.90 |
| Upside Target | 54.99 |
| Upside Target | 55.50 |
| Upside Target | 56.20 |
| Upside Target | 56.95 |
| Upside Target | 57.90 |
| Upside Target | 68.05 |
Intraday share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Intraday Target | 39.74 |
| Downside Intraday Target | 33.46 |
| Upside Intraday Target | 53.64 |
| Upside Intraday Target | 61.26 |
| Upside Intraday Target | 47.36 |
Weekly technical analysis of Damoindus (Damoindus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 46.01 | 51.00 | 54.99 | 41.09 | 0.664 times |
| 31 Fri May 2024 | 49.69 | 50.95 | 54.90 | 49.00 | 1.213 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 |
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 |
| 05 Wed Jun 2024 | 46.01 | 51.00 | 54.99 | 41.09 | 0.107 times |
| 31 Fri May 2024 | 49.69 | 54.05 | 57.90 | 48.60 | 0.541 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 |
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Damoindus stock for short term is SELL. Signal strength is Weak and stock is gaining 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Damoindus in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 48.64 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Damoindus stock for short term is SELL. Signal strength is Weak and stock is gaining 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Damoindus in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 48.64 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Damoindus charts
Click here for further forecast and predictions for tomorrow