(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 2024-09-06 View latest technical analysis
10 day averaged volume of Damoindus is 5869
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 48.35 | 48.76 | 48.80 | 47.36 | 0.602 times |
| 05 Thu Sep 2024 | 48.77 | 48.86 | 49.06 | 48.40 | 0.187 times |
| 04 Wed Sep 2024 | 48.86 | 47.98 | 49.89 | 47.50 | 0.319 times |
| 03 Tue Sep 2024 | 47.43 | 46.50 | 48.58 | 46.50 | 0.45 times |
| 02 Mon Sep 2024 | 47.40 | 48.01 | 49.30 | 44.90 | 4.408 times |
| 30 Fri Aug 2024 | 48.55 | 48.70 | 49.20 | 48.18 | 0.426 times |
| 29 Thu Aug 2024 | 49.18 | 50.08 | 50.08 | 48.13 | 1.103 times |
| 28 Wed Aug 2024 | 49.10 | 49.00 | 49.14 | 48.90 | 0.087 times |
| 27 Tue Aug 2024 | 48.62 | 49.00 | 49.69 | 48.50 | 0.267 times |
| 26 Mon Aug 2024 | 49.97 | 50.02 | 50.02 | 49.56 | 0.332 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 48 as stoploss in an intra day buy trade for a target of 49.02. However, stock will show a bearish move below 48.
Share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Target | 41.09 |
| Downside Target | 44.90 |
| Downside Target | 46.55 |
| Downside Target | 48.00 |
| Upside Target | 49.89 |
| 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 | 45.54 |
| Downside Intraday Target | 42.72 |
| Upside Intraday Target | 50.53 |
| Upside Intraday Target | 52.7 |
| Downside Intraday Target | 47.71 |
Weekly technical analysis of Damoindus (Damoindus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 48.35 | 48.01 | 49.89 | 44.90 | 2.694 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 |
| 06 Fri Sep 2024 | 48.35 | 48.01 | 49.89 | 44.90 | 0.283 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 48.02 and Damoindus (Damoindus) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 48.02 and Damoindus (Damoindus) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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