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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)

10 day averaged volume of Damoindus is 10325

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	51.94	52.20	53.11	51.02	0.267 times
24 Wed Apr 2024	52.37	53.35	54.80	51.61	2.085 times
23 Tue Apr 2024	53.35	54.90	54.90	52.05	0.18 times
22 Mon Apr 2024	53.06	51.87	54.39	50.20	0.758 times
19 Fri Apr 2024	51.87	51.59	52.25	51.00	0.294 times
18 Thu Apr 2024	52.29	50.50	54.50	48.59	1.212 times
16 Tue Apr 2024	49.96	48.35	51.99	48.30	0.227 times
15 Mon Apr 2024	49.21	50.06	50.70	48.55	0.767 times
12 Fri Apr 2024	51.45	52.16	54.00	50.99	0.865 times
10 Wed Apr 2024	53.16	54.83	54.83	50.75	0.635 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 53 as stoploss in an intra day sell trade for a target of 49.28. However, stock will show a bullish move above 53.

Share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Target	41.15
Downside Target	43.21
Downside Target	45.10
Downside Target	46.15
Downside Target	47.55
Downside Target	50.20
Downside Target	51.50
Upside Target	54.45
Upside Target	54.83
Upside Target	54.90
Upside Target	56.95
Upside Target	65.56
Upside Target	68.05

Intraday share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Intraday Target	49.79
Downside Intraday Target	47.65
Upside Intraday Target	54.49
Upside Intraday Target	57.05
Upside Intraday Target	52.35

Weekly technical analysis of Damoindus (Damoindus)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	51.94	51.87	54.90	50.20	1.316 times
19 Fri Apr 2024	51.87	50.06	54.50	48.30	0.496 times
12 Fri Apr 2024	51.45	48.36	54.83	48.36	1.092 times
05 Fri Apr 2024	49.11	43.55	50.30	43.21	1.358 times
28 Thu Mar 2024	41.36	45.00	46.15	41.15	1.707 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
25 Thu Apr 2024	51.94	43.55	54.90	43.21	1.825 times
28 Thu Mar 2024	41.36	54.99	56.95	41.15	0.18 times
29 Thu Feb 2024	54.35	57.05	68.05	51.50	0.836 times
31 Wed Jan 2024	56.28	50.24	65.56	47.55	4.551 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 and the buying is gaining 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 51.97 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 has given negative 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.