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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 2021-12-27 View latest technical analysis

10 day averaged volume of Damoindus is 10048

Date Daily Closing Price Open High Low Volume
27 Mon Dec 2021 55.60 50.30 56.30 50.30 1.914 times
24 Fri Dec 2021 51.35 50.05 53.80 48.70 0.415 times
23 Thu Dec 2021 50.60 50.50 50.90 50.00 0.286 times
22 Wed Dec 2021 50.75 50.50 50.90 49.90 0.4 times
21 Tue Dec 2021 49.50 49.95 50.45 48.40 0.173 times
20 Mon Dec 2021 48.15 50.00 50.00 46.45 1.361 times
17 Fri Dec 2021 50.00 53.55 53.95 49.00 1.654 times
16 Thu Dec 2021 52.30 52.50 54.90 48.95 2.454 times
15 Wed Dec 2021 50.25 45.75 50.25 45.45 1.822 times
14 Tue Dec 2021 45.70 45.10 45.70 45.05 0.054 times

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 55.1, for a target of 51.1 or 47.74

Share price targets for Damoindus (Damoindus)

Target Type Value
Downside Target 38.05
Downside Target 40.45
Downside Target 41.90
Downside Target 44.95
Downside Target 46.45
Downside Target 50.30
Downside Target 50.95
Downside Target 52.05
Downside Target 53.80
Downside Target 54.40
Downside Target 54.90
Upside Target 56.30

Intraday share price targets for Damoindus (Damoindus)

Target Type Value
Downside Intraday Target 51.83
Downside Intraday Target 48.07
Upside Intraday Target 57.83
Upside Intraday Target 60.07
Downside Intraday Target 54.07

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
27 Mon Dec 2021 55.60 50.30 56.30 50.30 0.726 times
24 Fri Dec 2021 51.35 50.00 53.80 46.45 0.358 times
17 Fri Dec 2021 50.00 46.90 54.90 44.95 2.384 times
10 Fri Dec 2021 46.85 45.50 47.30 42.55 3.385 times
03 Fri Dec 2021 46.15 41.95 46.60 41.95 0.593 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
27 Mon Dec 2021 55.60 42.00 56.30 42.00 1.622 times
30 Tue Nov 2021 42.55 43.60 52.05 41.90 1.347 times
29 Fri Oct 2021 43.05 47.15 50.95 40.45 1.646 times
30 Thu Sep 2021 46.80 42.00 47.95 41.05 0.44 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)

Indicator Name Indicator Value Indicator Signal
ADX 38, 8, 63 Buy
MACD 3, 2Buy
Stochastics 72Buy
CCI 151Buy
RSI 61Buy
OBV 20600Sell
VWAP 51Buy
ADL 0Sell
ROC 20Buy
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 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 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 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 positive zone. This is a BUY zone

Stock of Damoindus is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 51.43 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.

Click here for Damoindus charts

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Daily charts

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Daily chart

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