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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 2025-01-07 View latest technical analysis

10 day averaged volume of Damoindus is 2163

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	42.00	42.00	45.00	41.80	4.757 times
06 Mon Jan 2025	42.41	45.99	45.99	42.28	0.845 times
03 Fri Jan 2025	44.96	47.00	47.00	44.30	2.184 times
02 Thu Jan 2025	45.62	50.00	50.00	44.38	3.383 times
01 Wed Jan 2025	43.67	42.00	44.02	42.00	0.331 times
31 Tue Dec 2024	43.25	44.50	44.50	42.79	0.298 times
30 Mon Dec 2024	42.82	45.00	45.00	42.45	0.346 times
27 Fri Dec 2024	44.33	45.38	45.38	43.16	1.134 times
26 Thu Dec 2024	43.09	44.65	44.65	42.46	0.707 times
24 Tue Dec 2024	42.73	45.48	45.48	42.17	0.086 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 42.7, but if it comes above 42.7, then a intra day buy could be more profitable.
If you take a sell trade below 42.7, then use 42.7 as stoploss and 41 as target. However if you take a buy trade in stock , then use 42.7 as stoploss and 44.05 as target.

Share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Target	38.28
Downside Target	40.80
Upside Target	44.00
Upside Target	44.90
Upside Target	45.99
Upside Target	47.50
Upside Target	48.00
Upside Target	48.95
Upside Target	50.00
Upside Target	54.79

Intraday share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Intraday Target	40.54
Downside Intraday Target	39.07
Upside Intraday Target	44.73
Upside Intraday Target	47.45
Upside Intraday Target	43.26

Weekly technical analysis of Damoindus (Damoindus)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	42.00	45.99	45.99	41.80	0.856 times
03 Fri Jan 2025	44.96	45.00	50.00	42.00	2.505 times
27 Fri Dec 2024	44.33	40.80	45.48	40.80	0.195 times
20 Fri Dec 2024	43.10	48.50	48.95	42.80	1.978 times
13 Fri Dec 2024	45.00	46.90	47.50	44.00	1.41 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
07 Tue Jan 2025	42.00	42.00	50.00	41.80	0.407 times
31 Tue Dec 2024	43.25	41.64	48.95	40.80	1.601 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

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Damoindus stock for short term is BUY. Signal strength is Weak and stock is losing 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 but selling is losing 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 43.69 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 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.