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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 2022-01-06 View latest technical analysis

10 day averaged volume of Damoindus is 16529

Date Daily Closing Price Open High Low Volume
06 Thu Jan 2022 60.95 60.90 61.60 58.60 0.386 times
05 Wed Jan 2022 61.85 64.00 64.00 61.60 0.486 times
04 Tue Jan 2022 62.65 63.40 64.35 59.70 1.875 times
03 Mon Jan 2022 59.15 60.70 60.70 56.95 0.716 times
31 Fri Dec 2021 57.80 57.30 59.45 56.50 0.358 times
30 Thu Dec 2021 57.40 59.15 59.90 56.85 0.938 times
29 Wed Dec 2021 59.10 66.00 66.00 56.50 1.367 times
28 Tue Dec 2021 61.15 56.35 61.15 55.90 2.669 times
27 Mon Dec 2021 55.60 50.30 56.30 50.30 1.163 times
24 Fri Dec 2021 51.35 50.05 53.80 48.70 0.252 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 59.4, but if it comes below 59.4, then a intra day sell could be more profitable.
If you take a sell trade below 59.4, then use 59.4 as stoploss and 53.87 as target. However if you take a buy trade in stock , then use 59.4 as stoploss and 66.1 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 57.15
Downside Intraday Target 53.35
Upside Intraday Target 64.55
Upside Intraday Target 68.15
Downside Intraday Target 60.75

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
06 Thu Jan 2022 60.95 60.70 64.35 56.95 0.533 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
06 Thu Jan 2022 60.95 60.70 64.35 56.95 0.235 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 37, 12, 52 Buy
MACD 7, 6Buy
Stochastics 76Buy
CCI 48Sell
RSI 63Buy
OBV 78496Sell
VWAP 60Buy
ADL 0Sell
ROC 20Buy
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 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 SELL signal for Damoindus in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 59.7 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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