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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 2022-01-11 View latest technical analysis

10 day averaged volume of Damoindus is 17773

Date Daily Closing Price Open High Low Volume
11 Tue Jan 2022 60.20 62.80 63.25 59.00 0.851 times
10 Mon Jan 2022 62.80 62.10 63.95 61.65 0.308 times
07 Fri Jan 2022 62.10 60.55 64.40 60.00 1.512 times
06 Thu Jan 2022 60.95 60.90 61.60 58.60 0.359 times
05 Wed Jan 2022 61.85 64.00 64.00 61.60 0.452 times
04 Tue Jan 2022 62.65 63.40 64.35 59.70 1.743 times
03 Mon Jan 2022 59.15 60.70 60.70 56.95 0.666 times
31 Fri Dec 2021 57.80 57.30 59.45 56.50 0.333 times
30 Thu Dec 2021 57.40 59.15 59.90 56.85 0.873 times
29 Wed Dec 2021 59.10 66.00 66.00 56.50 1.272 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 61.3 as stoploss in an intra day sell trade for a target of 56.18. However, stock will show a bullish move above 61.3.

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 59.00
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 58.15
Downside Intraday Target 56.1
Upside Intraday Target 63.1
Upside Intraday Target 66
Upside Intraday Target 61.05

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
11 Tue Jan 2022 60.20 62.10 63.95 59.00 0.245 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 down 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
11 Tue Jan 2022 60.20 60.70 64.40 56.95 0.43 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 34, 16, 36 Buy
MACD 7, 7Buy
Stochastics 61None
CCI 8Sell
RSI 58Buy
OBV 95970Sell
VWAP 61Sell
ADL 0Sell
ROC -2Sell
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.

Damoindus Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 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 60.63 and Damoindus (Damoindus) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Damoindus (Damoindus) stock. Volume based technical analysis of Damoindus (Damoindus) stock is negative.

Damoindus Stock has given negative 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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