(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 2022-01-13 View latest technical analysis
10 day averaged volume of Damoindus is 13249
|Date||Daily Closing Price||Open||High||Low||Volume|
|13 Thu Jan 2022||62.85||59.35||64.30||58.60||1.725 times|
|12 Wed Jan 2022||58.55||60.05||60.75||57.15||0.479 times|
|11 Tue Jan 2022||60.20||62.80||63.25||59.00||1.142 times|
|10 Mon Jan 2022||62.80||62.10||63.95||61.65||0.414 times|
|07 Fri Jan 2022||62.10||60.55||64.40||60.00||2.028 times|
|06 Thu Jan 2022||60.95||60.90||61.60||58.60||0.481 times|
|05 Wed Jan 2022||61.85||64.00||64.00||61.60||0.607 times|
|04 Tue Jan 2022||62.65||63.40||64.35||59.70||2.339 times|
|03 Mon Jan 2022||59.15||60.70||60.70||56.95||0.894 times|
|31 Fri Dec 2021||57.80||57.30||59.45||56.50||0.447 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 62.1, but if it comes below 62.1, then a intra day sell could be more profitable.
If you take a sell trade below 62.1, then use 62.1 as stoploss and 57.13 as target. However if you take a buy trade in stock , then use 62.1 as stoploss and 68.1 as target.
Share price targets for Damoindus (Damoindus)
Intraday share price targets for Damoindus (Damoindus)
|Downside Intraday Target||58.57|
|Downside Intraday Target||54.28|
|Upside Intraday Target||65.72|
|Upside Intraday Target||68.58|
|Downside Intraday Target||61.43|
Weekly technical analysis of Damoindus (Damoindus)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|13 Thu Jan 2022||62.85||62.10||64.30||57.15||0.592 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|
|13 Thu Jan 2022||62.85||60.70||64.40||56.95||0.551 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||35, 17, 36||Buy|
Price action analysis of Damoindus ( (Damoindus) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Damoindus ( (Damoindus) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Damoindus in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Damoindus is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 61.51 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.