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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 2021-12-30 View latest technical analysis

10 day averaged volume of Damoindus is 15371

Date Daily Closing Price Open High Low Volume
30 Thu Dec 2021 57.40 59.15 59.90 56.85 1.009 times
29 Wed Dec 2021 59.10 66.00 66.00 56.50 1.47 times
28 Tue Dec 2021 61.15 56.35 61.15 55.90 2.87 times
27 Mon Dec 2021 55.60 50.30 56.30 50.30 1.251 times
24 Fri Dec 2021 51.35 50.05 53.80 48.70 0.271 times
23 Thu Dec 2021 50.60 50.50 50.90 50.00 0.187 times
22 Wed Dec 2021 50.75 50.50 50.90 49.90 0.261 times
21 Tue Dec 2021 49.50 49.95 50.45 48.40 0.113 times
20 Mon Dec 2021 48.15 50.00 50.00 46.45 0.89 times
17 Fri Dec 2021 50.00 53.55 53.95 49.00 1.081 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54.9, but if it comes below 54.9, then a intra day sell could be more profitable.
If you take a sell trade below 54.9, then use 54.9 as stoploss and 50.09 as target. However if you take a buy trade in stock , then use 54.9 as stoploss and 60.6 as target.

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 66.00

Intraday share price targets for Damoindus (Damoindus)

Target Type Value
Downside Intraday Target 49.8
Downside Intraday Target 42.2
Upside Intraday Target 65.5
Upside Intraday Target 73.6
Upside Intraday Target 57.9

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
30 Thu Dec 2021 57.40 50.30 66.00 50.30 3.831 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, 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
30 Thu Dec 2021 57.40 42.00 66.00 42.00 2.482 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 44, 5, 79 Buy
MACD 5, 4Buy
Stochastics 74Buy
CCI 84Sell
RSI 63Buy
OBV 29225Sell
VWAP 56Buy
ADL 0Sell
ROC 10Buy
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 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 56.26 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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