(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, 6 | Buy |
| Stochastics | 73 | Buy |
| CCI | 98 | Buy |
| RSI | 63 | Buy |
| OBV | 84154 | Sell |
| VWAP | 59 | Buy |
| ADL | 0 | Sell |
| ROC | 22 | Buy |
| Force Index | 0 | Sell |
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.
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