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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 2024-12-09 View latest technical analysis

10 day averaged volume of Damoindus is 2198

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	46.13	46.90	46.90	44.31	2.79 times
06 Fri Dec 2024	46.34	47.02	47.02	44.83	0.594 times
05 Thu Dec 2024	46.28	44.50	46.63	44.50	0.432 times
04 Wed Dec 2024	44.45	42.88	44.89	42.50	2.775 times
03 Tue Dec 2024	42.17	43.30	43.30	41.58	0.68 times
02 Mon Dec 2024	41.62	41.64	41.96	41.42	0.252 times
29 Fri Nov 2024	40.82	44.50	44.50	40.11	1.706 times
28 Thu Nov 2024	40.90	41.06	41.69	40.75	2.551 times
27 Wed Nov 2024	40.38	40.94	41.68	40.15	0.387 times
26 Tue Nov 2024	40.18	40.30	40.61	39.89	0.233 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 46.7, for a target of 44.1 or 41.91

Share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Target	38.28
Downside Target	39.22
Downside Target	41.42
Downside Target	43.00
Downside Target	44.31
Upside Target	46.55
Upside Target	46.90
Upside Target	47.02
Upside Target	48.00
Upside Target	53.10
Upside Target	54.79

Intraday share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Intraday Target	44.66
Downside Intraday Target	43.19
Upside Intraday Target	47.25
Upside Intraday Target	48.37
Downside Intraday Target	45.78

Weekly technical analysis of Damoindus (Damoindus)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	46.13	46.90	46.90	44.31	0.59 times
06 Fri Dec 2024	46.34	41.64	47.02	41.42	0.899 times
29 Fri Nov 2024	40.82	41.10	44.50	39.89	1.139 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

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
09 Mon Dec 2024	46.13	41.64	47.02	41.42	0.433 times
29 Fri Nov 2024	40.82	43.40	45.49	38.28	0.379 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

Scroll below to view daily charts

Price has moved up 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 to mid 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Damoindus in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Damoindus in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 43.36 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.