(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 2021-06-29 View latest technical analysis
10 day averaged volume of Damoindus is 7943
|Date||Daily Closing Price||Open||High||Low||Volume|
|29 Tue Jun 2021||44.50||41.65||44.50||41.15||16.011 times|
|28 Mon Jun 2021||37.10||35.20||37.55||35.20||1.434 times|
|25 Fri Jun 2021||35.70||35.95||36.70||35.05||0.453 times|
|24 Thu Jun 2021||36.70||36.15||36.70||35.60||1.073 times|
|23 Wed Jun 2021||35.75||35.15||35.75||35.15||0.36 times|
|22 Tue Jun 2021||35.25||36.45||36.95||35.00||0.186 times|
|21 Mon Jun 2021||36.85||34.95||37.65||34.95||2.252 times|
|18 Fri Jun 2021||34.70||36.95||36.95||32.50||1.028 times|
|17 Thu Jun 2021||36.40||36.80||37.45||35.85||1.868 times|
|16 Wed Jun 2021||37.45||37.95||38.70||36.65||0.785 times|
Stock of Damoindus (Damoindus) has showed a significant upmove. This could be a good time to enter in 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 41.8, for a target of 39.3 or 37.15
Share price targets for Damoindus (Damoindus)
Intraday share price targets for Damoindus (Damoindus)
|Downside Intraday Target||38.3|
|Downside Intraday Target||32.1|
|Upside Intraday Target||47.6|
|Upside Intraday Target||50.7|
|Downside Intraday Target||41.4|
Weekly technical analysis of Damoindus (Damoindus)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|29 Tue Jun 2021||44.50||35.20||44.50||35.20||4.034 times|
|25 Fri Jun 2021||35.70||34.95||37.65||34.95||0.86 times|
|18 Fri Jun 2021||34.70||38.00||38.85||32.50||0.483 times|
|11 Fri Jun 2021||38.45||35.05||41.00||34.95||1.147 times|
|04 Fri Jun 2021||35.45||33.80||36.95||32.40||1.266 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|
|29 Tue Jun 2021||44.50||35.10||44.50||32.50||1.443 times|
|31 Mon May 2021||35.35||24.00||35.90||23.90||4.089 times|
|30 Fri Apr 2021||23.20||24.40||24.50||22.00||0.514 times|
|31 Wed Mar 2021||23.55||32.25||34.95||21.50||2.58 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||42, 13, 51||Buy|
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 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 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 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 gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 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 41.52 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