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(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 2024-09-02 View latest technical analysis

10 day averaged volume of Damoindus is 5724

Date Daily Closing Price Open High Low Volume
02 Mon Sep 2024 47.40 48.01 49.30 44.90 4.52 times
30 Fri Aug 2024 48.55 48.70 49.20 48.18 0.437 times
29 Thu Aug 2024 49.18 50.08 50.08 48.13 1.131 times
28 Wed Aug 2024 49.10 49.00 49.14 48.90 0.089 times
27 Tue Aug 2024 48.62 49.00 49.69 48.50 0.274 times
26 Mon Aug 2024 49.97 50.02 50.02 49.56 0.341 times
23 Fri Aug 2024 50.22 49.46 50.95 49.46 2.481 times
22 Thu Aug 2024 50.47 48.53 50.64 48.53 1.215 times
21 Wed Aug 2024 48.14 47.96 48.40 47.50 1.324 times
20 Tue Aug 2024 47.40 48.85 48.85 47.01 0.404 times

Stock of Damoindus (Damoindus) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.9, but if it comes above 47.9, then a intra day buy could be more profitable.
If you take a sell trade below 47.9, then use 47.9 as stoploss and 46.5 as target. However if you take a buy trade in stock , then use 47.9 as stoploss and 48.97 as target.

Share price targets for Damoindus (Damoindus)

Target Type Value
Downside Target 41.09
Downside Target 44.90
Downside Target 46.55
Upside Target 48.00
Upside Target 50.08
Upside Target 50.33
Upside Target 50.95
Upside Target 53.10
Upside Target 54.99
Upside Target 55.00
Upside Target 57.90

Intraday share price targets for Damoindus (Damoindus)

Target Type Value
Downside Intraday Target 45.1
Downside Intraday Target 42.8
Upside Intraday Target 49.5
Upside Intraday Target 51.6
Downside Intraday Target 47.2

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
02 Mon Sep 2024 47.40 48.01 49.30 44.90 1.99 times
30 Fri Aug 2024 48.55 50.02 50.08 48.13 0.294 times
23 Fri Aug 2024 50.22 47.22 50.95 47.01 1.429 times
16 Fri Aug 2024 49.50 50.75 53.10 48.11 1.502 times
09 Fri Aug 2024 49.75 46.55 50.33 46.55 0.322 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Damoindus (Damoindus)

Date Monthly Closing Price Open High Low Volume
02 Mon Sep 2024 47.40 48.01 49.30 44.90 0.209 times
30 Fri Aug 2024 48.55 50.90 53.10 46.55 0.762 times
31 Wed Jul 2024 50.41 51.09 55.00 48.00 1.285 times
28 Fri Jun 2024 51.94 51.00 54.99 41.09 1.358 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Damoindus stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Damoindus in short term and the sell signal is strong.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 48.68 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Damoindus stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Damoindus in short term and the sell signal is strong.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 48.68 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

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Daily charts

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