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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 2022-01-10 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, 6Buy
Stochastics 71Buy
CCI 99Buy
RSI 61Buy
OBV 97224Sell
VWAP 61Buy
ADL 0Sell
ROC 13Buy
Force Index 0Sell

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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Daily charts

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Daily chart

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