Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-01-03 View latest technical analysis

10 day averaged volume of Damoindus is 13386

Date Daily Closing Price Open High Low Volume
03 Mon Jan 2022 59.15 60.70 60.70 56.95 0.885 times
31 Fri Dec 2021 57.80 57.30 59.45 56.50 0.442 times
30 Thu Dec 2021 57.40 59.15 59.90 56.85 1.158 times
29 Wed Dec 2021 59.10 66.00 66.00 56.50 1.689 times
28 Tue Dec 2021 61.15 56.35 61.15 55.90 3.296 times
27 Mon Dec 2021 55.60 50.30 56.30 50.30 1.437 times
24 Fri Dec 2021 51.35 50.05 53.80 48.70 0.312 times
23 Thu Dec 2021 50.60 50.50 50.90 50.00 0.215 times
22 Wed Dec 2021 50.75 50.50 50.90 49.90 0.3 times
21 Tue Dec 2021 49.50 49.95 50.45 48.40 0.13 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.5, but if it comes below 56.5, then a intra day sell could be more profitable.
If you take a sell trade below 56.5, then use 56.5 as stoploss and 51.37 as target. However if you take a buy trade in stock , then use 56.5 as stoploss and 62.7 as target.

Share price targets for Damoindus (Damoindus)

Target Type Value
Downside Target 40.45
Downside Target 41.90
Downside Target 44.95
Downside Target 46.45
Downside Target 50.30
Downside Target 52.05
Downside Target 53.80
Downside Target 54.90
Downside Target 56.95
Upside Target 60.70
Upside Target 66.00

Intraday share price targets for Damoindus (Damoindus)

Target Type Value
Downside Intraday Target 57.17
Downside Intraday Target 55.18
Upside Intraday Target 60.92
Upside Intraday Target 62.68
Downside Intraday Target 58.93

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
03 Mon Jan 2022 59.15 60.70 60.70 56.95 0.11 times
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

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
03 Mon Jan 2022 59.15 60.70 60.70 56.95 0.049 times
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

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 40, 5, 77 Buy
MACD 6, 5Buy
Stochastics 58None
CCI 66Buy
RSI 60Buy
OBV 44502Sell
VWAP 58Buy
ADL 0Sell
ROC 23Buy
Force Index 0Sell

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 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 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 negative zone. This is the SELL 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 58.21 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme