(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 2021-12-31 View latest technical analysis
10 day averaged volume of Damoindus is 14456
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Dec 2021 | 57.80 | 57.30 | 59.45 | 56.50 | 0.41 times |
| 30 Thu Dec 2021 | 57.40 | 59.15 | 59.90 | 56.85 | 1.073 times |
| 29 Wed Dec 2021 | 59.10 | 66.00 | 66.00 | 56.50 | 1.564 times |
| 28 Tue Dec 2021 | 61.15 | 56.35 | 61.15 | 55.90 | 3.052 times |
| 27 Mon Dec 2021 | 55.60 | 50.30 | 56.30 | 50.30 | 1.33 times |
| 24 Fri Dec 2021 | 51.35 | 50.05 | 53.80 | 48.70 | 0.289 times |
| 23 Thu Dec 2021 | 50.60 | 50.50 | 50.90 | 50.00 | 0.199 times |
| 22 Wed Dec 2021 | 50.75 | 50.50 | 50.90 | 49.90 | 0.278 times |
| 21 Tue Dec 2021 | 49.50 | 49.95 | 50.45 | 48.40 | 0.12 times |
| 20 Mon Dec 2021 | 48.15 | 50.00 | 50.00 | 46.45 | 0.946 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 55.7, but if it comes below 55.7, then a intra day sell could be more profitable.
If you take a sell trade below 55.7, then use 55.7 as stoploss and 50.68 as target. However if you take a buy trade in stock , then use 55.7 as stoploss and 61.6 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 | 50.07 |
| Downside Intraday Target | 42.33 |
| Upside Intraday Target | 65.77 |
| Upside Intraday Target | 73.73 |
| Upside Intraday Target | 58.03 |
Weekly technical analysis of Damoindus (Damoindus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Dec 2021 | 57.80 | 50.30 | 66.00 | 50.30 | 4.055 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 |
| 31 Fri Dec 2021 | 57.80 | 42.00 | 66.00 | 42.00 | 2.544 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 | 40, 6, 75 | Buy |
| MACD | 6, 4 | Buy |
| Stochastics | 60 | None |
| CCI | 65 | Sell |
| RSI | 61 | Buy |
| OBV | 34789 | Sell |
| VWAP | 57 | Buy |
| ADL | 0 | Sell |
| ROC | 16 | Buy |
| Force Index | 0 | Sell |
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 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 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 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
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 57.1 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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