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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 2022-01-05 View latest technical analysis

10 day averaged volume of Damoindus is 16127

Date Daily Closing Price Open High Low Volume
05 Wed Jan 2022 61.85 64.00 64.00 61.60 0.498 times
04 Tue Jan 2022 62.65 63.40 64.35 59.70 1.921 times
03 Mon Jan 2022 59.15 60.70 60.70 56.95 0.734 times
31 Fri Dec 2021 57.80 57.30 59.45 56.50 0.367 times
30 Thu Dec 2021 57.40 59.15 59.90 56.85 0.962 times
29 Wed Dec 2021 59.10 66.00 66.00 56.50 1.402 times
28 Tue Dec 2021 61.15 56.35 61.15 55.90 2.735 times
27 Mon Dec 2021 55.60 50.30 56.30 50.30 1.192 times
24 Fri Dec 2021 51.35 50.05 53.80 48.70 0.259 times
23 Thu Dec 2021 50.60 50.50 50.90 50.00 0.178 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.7, but if it comes below 58.7, then a intra day sell could be more profitable.
If you take a sell trade below 58.7, then use 58.7 as stoploss and 53.15 as target. However if you take a buy trade in stock , then use 58.7 as stoploss and 65.3 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 64.35
Upside Target 66.00

Intraday share price targets for Damoindus (Damoindus)

Target Type Value
Downside Intraday Target 57.75
Downside Intraday Target 53.65
Upside Intraday Target 65.15
Upside Intraday Target 68.45
Downside Intraday Target 61.05

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
05 Wed Jan 2022 61.85 60.70 64.35 56.95 0.474 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
05 Wed Jan 2022 61.85 60.70 64.35 56.95 0.209 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 41, 4, 81 Buy
MACD 7, 6Buy
Stochastics 73Buy
CCI 98Buy
RSI 63Buy
OBV 84154Sell
VWAP 59Buy
ADL 0Sell
ROC 22Buy
Force Index 0Sell

Price action analysis of Damoindus ( (Damoindus) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 coming down

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 59.49 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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