Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Damoindus is 26434

Date Daily Closing Price Open High Low Volume
02 Fri Dec 2022 54.10 55.05 55.90 53.50 0.225 times
01 Thu Dec 2022 54.50 57.50 59.65 53.80 0.819 times
30 Wed Nov 2022 57.20 56.50 60.10 55.65 0.985 times
29 Tue Nov 2022 56.50 62.00 66.65 55.50 2.465 times
28 Mon Nov 2022 59.50 49.90 59.50 49.50 3.01 times
25 Fri Nov 2022 49.60 45.20 52.00 44.60 2.345 times
24 Thu Nov 2022 45.40 44.15 46.75 44.00 0.117 times
23 Wed Nov 2022 44.15 44.25 45.15 43.80 0.018 times
22 Tue Nov 2022 44.40 43.40 45.05 43.40 0.084 times
21 Mon Nov 2022 44.55 45.35 45.35 44.40 0.058 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.3, but if it comes below 53.3, then a intra day sell could be more profitable.
If you take a sell trade below 53.3, then use 53.3 as stoploss and 48.51 as target. However if you take a buy trade in stock , then use 53.3 as stoploss and 59.1 as target.

Share price targets for Damoindus (Damoindus)

Target Type Value
Downside Target 43.40
Downside Target 44.40
Downside Target 46.00
Downside Target 49.50
Downside Target 51.60
Downside Target 52.00
Downside Target 53.50
Upside Target 58.00
Upside Target 58.70
Upside Target 59.65
Upside Target 66.65

Intraday share price targets for Damoindus (Damoindus)

Target Type Value
Downside Intraday Target 46.85
Downside Intraday Target 39.6
Upside Intraday Target 64
Upside Intraday Target 73.9
Upside Intraday Target 56.75

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
02 Fri Dec 2022 54.10 49.90 66.65 49.50 2.862 times
25 Fri Nov 2022 49.60 45.35 52.00 43.40 4.496 times
18 Fri Nov 2022 45.05 45.55 46.15 44.40 0.898 times
11 Fri Nov 2022 47.25 46.45 51.60 44.70 1.988 times
04 Fri Nov 2022 46.85 46.65 47.80 44.95 2.56 times

Price has moved up 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 Fri Dec 2022 54.10 57.50 59.65 53.50 0.098 times
30 Wed Nov 2022 57.20 46.90 66.65 43.40 8.575 times
31 Mon Oct 2022 46.70 50.00 50.35 44.60 0.332 times
30 Fri Sep 2022 50.50 55.95 58.70 47.00 1.116 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)

Indicator Name Indicator Value Indicator Signal
ADX 37, 10, 59 Buy
MACD 3, 2Buy
Stochastics 51None
CCI 40Sell
RSI 61Buy
OBV 82361Sell
VWAP 55Sell
ADL 0Sell
ROC 20Buy
Force Index 0Sell

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 tired and bears are picking up momentum.

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 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

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 55.33 and Damoindus (Damoindus) stock is trading below this level. This means that stock is falling with high volumes. 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.

Click here for Damoindus charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme