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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 2021-07-06 View latest technical analysis

10 day averaged volume of Damoindus is 60004

Date Daily Closing Price Open High Low Volume
06 Tue Jul 2021 49.55 52.00 53.00 48.10 0.337 times
05 Mon Jul 2021 51.85 53.20 53.20 49.30 0.396 times
02 Fri Jul 2021 52.10 52.00 56.95 49.35 2.82 times
01 Thu Jul 2021 50.40 43.50 50.50 41.95 2.526 times
30 Wed Jun 2021 42.10 46.40 46.40 41.60 1.675 times
29 Tue Jun 2021 44.50 41.65 44.50 41.15 2.12 times
28 Mon Jun 2021 37.10 35.20 37.55 35.20 0.19 times
25 Fri Jun 2021 35.70 35.95 36.70 35.05 0.06 times
24 Thu Jun 2021 36.70 36.15 36.70 35.60 0.142 times
23 Wed Jun 2021 35.75 35.15 35.75 35.15 0.048 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 46.2, but if it comes below 46.2, then a intra day sell could be more profitable.
If you take a sell trade below 46.2, then use 46.2 as stoploss and 40.4 as target. However if you take a buy trade in stock , then use 46.2 as stoploss and 53.1 as target.

Share price targets for Damoindus (Damoindus)

Target Type Value
Downside Target 21.50
Downside Target 22.00
Downside Target 23.90
Downside Target 24.50
Downside Target 32.50
Downside Target 34.95
Downside Target 37.65
Downside Target 38.85
Downside Target 41.00
Downside Target 41.95
Downside Target 46.40
Downside Target 48.10
Upside Target 53.20
Upside Target 56.95

Intraday share price targets for Damoindus (Damoindus)

Target Type Value
Downside Intraday Target 47.37
Downside Intraday Target 45.18
Upside Intraday Target 52.47
Upside Intraday Target 55.38
Upside Intraday Target 50.28

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
06 Tue Jul 2021 49.55 53.20 53.20 48.10 0.079 times
02 Fri Jul 2021 52.10 35.20 56.95 35.20 16.298 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

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
06 Tue Jul 2021 49.55 43.50 56.95 41.95 0.827 times
30 Wed Jun 2021 42.10 35.10 46.40 32.50 1.869 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

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 40, 9, 65 Buy
MACD 8, 6Buy
Stochastics 74Buy
CCI 79Sell
RSI 68Buy
OBV 300156Sell
VWAP 48Buy
ADL 0Sell
ROC 41Buy
Force Index 0Sell

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 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 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 red color and prices are in or above the red 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 but buying 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 47.75 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.

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Daily charts

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Daily chart

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