(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 2022-01-10 View latest technical analysis
10 day averaged volume of Damoindus is 19148
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Mon Jan 2022 | 62.80 | 62.10 | 63.95 | 61.65 | 0.286 times |
| 07 Fri Jan 2022 | 62.10 | 60.55 | 64.40 | 60.00 | 1.403 times |
| 06 Thu Jan 2022 | 60.95 | 60.90 | 61.60 | 58.60 | 0.333 times |
| 05 Wed Jan 2022 | 61.85 | 64.00 | 64.00 | 61.60 | 0.42 times |
| 04 Tue Jan 2022 | 62.65 | 63.40 | 64.35 | 59.70 | 1.618 times |
| 03 Mon Jan 2022 | 59.15 | 60.70 | 60.70 | 56.95 | 0.618 times |
| 31 Fri Dec 2021 | 57.80 | 57.30 | 59.45 | 56.50 | 0.309 times |
| 30 Thu Dec 2021 | 57.40 | 59.15 | 59.90 | 56.85 | 0.81 times |
| 29 Wed Dec 2021 | 59.10 | 66.00 | 66.00 | 56.50 | 1.18 times |
| 28 Tue Dec 2021 | 61.15 | 56.35 | 61.15 | 55.90 | 2.304 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 61, but if it comes below 61, then a intra day sell could be more profitable.
If you take a sell trade below 61, then use 61 as stoploss and 55.46 as target. However if you take a buy trade in stock , then use 61 as stoploss and 67.5 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 | 47.95 |
| Downside Target | 50.30 |
| Downside Target | 52.05 |
| Downside Target | 53.80 |
| Downside Target | 54.90 |
| Downside Target | 56.95 |
| Downside Target | 61.65 |
| Upside Target | 63.95 |
| Upside Target | 64.40 |
| Upside Target | 66.00 |
Intraday share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Intraday Target | 61.65 |
| Downside Intraday Target | 60.5 |
| Upside Intraday Target | 63.95 |
| Upside Intraday Target | 65.1 |
| Downside Intraday Target | 62.8 |
Weekly technical analysis of Damoindus (Damoindus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Mon Jan 2022 | 62.80 | 62.10 | 63.95 | 61.65 | 0.065 times |
| 07 Fri Jan 2022 | 62.10 | 60.70 | 64.40 | 56.95 | 0.783 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 |
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 |
| 10 Mon Jan 2022 | 62.80 | 60.70 | 64.40 | 56.95 | 0.368 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 | 38, 10, 59 | Buy |
| MACD | 7, 6 | Buy |
| Stochastics | 71 | Buy |
| CCI | 99 | Buy |
| RSI | 61 | Buy |
| OBV | 97224 | Sell |
| VWAP | 61 | Buy |
| ADL | 0 | Sell |
| ROC | 13 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Damoindus ( (Damoindus) ) based on a short term time period is
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 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 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 60.8 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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