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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 2022-05-30 View latest technical analysis

10 day averaged volume of Damoindus is 8894

Date Daily Closing Price Open High Low Volume
30 Mon May 2022 48.05 47.50 48.85 47.45 0.753 times
27 Fri May 2022 49.30 53.80 53.80 47.70 0.624 times
26 Thu May 2022 48.25 50.75 50.75 46.70 1.541 times
25 Wed May 2022 50.30 51.65 59.65 49.30 6.704 times
24 Tue May 2022 51.45 50.00 54.95 50.00 0.261 times
23 Mon May 2022 51.55 53.35 54.60 50.40 0.221 times
20 Fri May 2022 55.10 53.70 55.15 53.30 0.037 times
19 Thu May 2022 52.30 53.50 54.05 51.70 0.282 times
18 Wed May 2022 56.00 55.10 56.15 54.35 0.13 times
17 Tue May 2022 54.45 53.00 56.85 52.75 0.153 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.6, but if it comes above 49.6, then a intra day buy could be more profitable.
If you take a sell trade below 49.6, then use 49.6 as stoploss and 43.2 as target. However if you take a buy trade in stock , then use 49.6 as stoploss and 54.95 as target.

Share price targets for Damoindus (Damoindus)

Target Type Value
Downside Target 46.70
Upside Target 48.85
Upside Target 50.25
Upside Target 55.05
Upside Target 56.85
Upside Target 58.00
Upside Target 59.65
Upside Target 67.45
Upside Target 67.65
Upside Target 74.50
Upside Target 75.80
Upside Target 78.75

Intraday share price targets for Damoindus (Damoindus)

Target Type Value
Downside Intraday Target 47.38
Downside Intraday Target 46.72
Upside Intraday Target 48.78
Upside Intraday Target 49.52
Upside Intraday Target 48.12

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
30 Mon May 2022 48.05 47.50 48.85 47.45 0.081 times
27 Fri May 2022 49.30 53.35 59.65 46.70 14.446 times
20 Fri May 2022 55.10 54.40 56.85 51.05 0.357 times
13 Fri May 2022 52.75 56.00 60.60 50.25 0.722 times
06 Fri May 2022 59.60 66.20 67.65 58.00 0.551 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
30 Mon May 2022 48.05 66.20 67.65 46.70 0.486 times
29 Fri Apr 2022 67.45 59.95 75.80 59.95 1.443 times
31 Thu Mar 2022 60.05 57.65 67.45 55.60 0.819 times
28 Mon Feb 2022 57.80 69.45 78.75 51.95 0.688 times

Scroll below to view daily charts

Price has moved down 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 21, 22, 5 Sell
MACD -7, -6Sell
Stochastics 14Sell
CCI -141Sell
RSI 49Sell
OBV -113257Sell
VWAP 50Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 to mid 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 mid to longer 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.

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 and the sell signal is strong.

Damoindus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 50.04 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 negative.

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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