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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 2021-07-12 View latest technical analysis

10 day averaged volume of Damoindus is 63681

Date Daily Closing Price Open High Low Volume
12 Mon Jul 2021 50.20 50.35 52.00 49.75 0.158 times
09 Fri Jul 2021 49.00 48.50 50.00 47.70 0.209 times
08 Thu Jul 2021 48.45 48.45 51.45 48.30 0.142 times
07 Wed Jul 2021 48.75 49.55 49.90 47.10 0.167 times
06 Tue Jul 2021 49.55 52.00 53.00 48.10 0.318 times
05 Mon Jul 2021 51.85 53.20 53.20 49.30 0.373 times
02 Fri Jul 2021 52.10 52.00 56.95 49.35 2.657 times
01 Thu Jul 2021 50.40 43.50 50.50 41.95 2.38 times
30 Wed Jun 2021 42.10 46.40 46.40 41.60 1.578 times
29 Tue Jun 2021 44.50 41.65 44.50 41.15 1.997 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 49.1, but if it comes below 49.1, then a intra day sell could be more profitable.
If you take a sell trade below 49.1, then use 49.1 as stoploss and 42.57 as target. However if you take a buy trade in stock , then use 49.1 as stoploss and 56.9 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 41.95
Downside Target 46.40
Downside Target 49.75
Upside Target 52.00
Upside Target 53.20
Upside Target 56.95

Intraday share price targets for Damoindus (Damoindus)

Target Type Value
Downside Intraday Target 49.3
Downside Intraday Target 48.4
Upside Intraday Target 51.55
Upside Intraday Target 52.9
Upside Intraday Target 50.65

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
12 Mon Jul 2021 50.20 50.35 52.00 49.75 0.13 times
09 Fri Jul 2021 49.00 53.20 53.20 47.10 0.137 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

Price has moved up 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
12 Mon Jul 2021 50.20 43.50 56.95 41.95 0.925 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 38, 10, 59 Buy
MACD 8, 7Buy
Stochastics 61None
CCI 58Buy
RSI 67Buy
OBV 311681Sell
VWAP 48Buy
ADL 0Sell
ROC 35Buy
Force Index 0Sell

Price action analysis of Damoindus ( (Damoindus) ) based on a short 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 48.3 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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