(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 2022-01-24 View latest technical analysis
10 day averaged volume of Damoindus is 19762
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Jan 2022 | 59.30 | 63.65 | 64.15 | 58.60 | 0.624 times |
| 21 Fri Jan 2022 | 65.10 | 66.75 | 67.30 | 63.00 | 0.464 times |
| 20 Thu Jan 2022 | 68.70 | 60.55 | 71.00 | 60.55 | 0.461 times |
| 19 Wed Jan 2022 | 66.90 | 67.50 | 68.00 | 66.00 | 0.256 times |
| 18 Tue Jan 2022 | 68.00 | 73.65 | 73.65 | 67.55 | 0.769 times |
| 17 Mon Jan 2022 | 72.40 | 71.75 | 74.50 | 70.45 | 3.181 times |
| 14 Fri Jan 2022 | 69.00 | 62.65 | 69.10 | 61.30 | 2.349 times |
| 13 Thu Jan 2022 | 62.85 | 59.35 | 64.30 | 58.60 | 1.156 times |
| 12 Wed Jan 2022 | 58.55 | 60.05 | 60.75 | 57.15 | 0.321 times |
| 11 Tue Jan 2022 | 60.20 | 62.80 | 63.25 | 59.00 | 0.765 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 58.7 as stoploss in an intra day buy trade for a target of 62.8. However, stock will show a bearish move below 58.7.
Share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Target | 40.45 |
| Downside Target | 41.90 |
| Downside Target | 47.95 |
| Downside Target | 50.30 |
| Downside Target | 52.05 |
| Downside Target | 56.95 |
| Downside Target | 58.60 |
| Upside Target | 60.55 |
| Upside Target | 64.15 |
| Upside Target | 66.00 |
| Upside Target | 69.10 |
| Upside Target | 74.50 |
Intraday share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Intraday Target | 57.22 |
| Downside Intraday Target | 55.13 |
| Upside Intraday Target | 62.77 |
| Upside Intraday Target | 66.23 |
| Upside Intraday Target | 60.68 |
Weekly technical analysis of Damoindus (Damoindus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Jan 2022 | 59.30 | 63.65 | 64.15 | 58.60 | 0.122 times |
| 21 Fri Jan 2022 | 65.10 | 71.75 | 74.50 | 60.55 | 1.054 times |
| 14 Fri Jan 2022 | 69.00 | 62.10 | 69.10 | 57.15 | 1.144 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 |
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 |
| 24 Mon Jan 2022 | 59.30 | 60.70 | 74.50 | 56.95 | 1.209 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 | 24, 29, 10 | Sell |
| MACD | 7, 8 | Sell |
| Stochastics | 42 | None |
| CCI | -81 | Sell |
| RSI | 53 | Buy |
| OBV | 169927 | Sell |
| VWAP | 67 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Damoindus ( (Damoindus) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Damoindus in short term but the sell signal is initial and weak.
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 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 and SELL 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 67.48 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.
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