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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 2024-11-28 View latest technical analysis

10 day averaged volume of Damoindus is 2124

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	40.90	41.06	41.69	40.75	2.64 times
27 Wed Nov 2024	40.38	40.94	41.68	40.15	0.401 times
26 Tue Nov 2024	40.18	40.30	40.61	39.89	0.242 times
25 Mon Nov 2024	40.37	41.10	41.99	39.97	0.401 times
22 Fri Nov 2024	40.16	40.66	40.72	39.22	1.48 times
21 Thu Nov 2024	40.66	40.70	41.64	40.13	0.123 times
19 Tue Nov 2024	41.24	41.71	43.00	41.17	1.573 times
18 Mon Nov 2024	40.73	40.50	41.32	39.33	1.607 times
14 Thu Nov 2024	39.37	39.01	39.75	38.28	0.821 times
13 Wed Nov 2024	39.01	41.73	41.73	38.68	1.45 times

Stock of Damoindus (Damoindus) has showed a significant upmove. This could be a good time to enter in this stock!

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 40.1 as stoploss in an intra day buy trade for a target of 41.93. However, stock will show a bearish move below 40.1.

Share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Target	38.28
Downside Target	39.22
Upside Target	41.46
Upside Target	43.00
Upside Target	44.30
Upside Target	46.55
Upside Target	47.80
Upside Target	48.00
Upside Target	53.10
Upside Target	54.79
Upside Target	55.00

Intraday share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Intraday Target	39.86
Downside Intraday Target	38.83
Upside Intraday Target	41.96
Upside Intraday Target	43.03
Upside Intraday Target	40.93

Weekly technical analysis of Damoindus (Damoindus)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	40.90	41.10	41.99	39.89	0.77 times
22 Fri Nov 2024	40.16	40.50	43.00	39.22	1.069 times
14 Thu Nov 2024	39.37	41.74	43.20	38.28	1.53 times
08 Fri Nov 2024	42.48	44.02	44.30	42.12	0.317 times
01 Fri Nov 2024	44.40	41.46	47.80	41.46	0.469 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
28 Thu Nov 2024	40.90	43.40	45.49	38.28	0.342 times
31 Thu Oct 2024	44.70	46.27	48.00	41.46	1.019 times
30 Mon Sep 2024	45.56	48.01	54.79	44.90	0.798 times
30 Fri Aug 2024	48.55	50.90	53.10	46.55	0.762 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is losing momentum.

MACD generated a BUY signal for Damoindus in short term but the buy signal is initial and weak.

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. 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 buy signal for Damoindus in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 40.39 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.