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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 2022-06-01 View latest technical analysis

10 day averaged volume of Damoindus is 9825

Date Daily Closing Price Open High Low Volume
01 Wed Jun 2022 48.25 48.80 51.50 48.20 0.59 times
31 Tue May 2022 48.45 48.35 57.00 48.35 0.445 times
30 Mon May 2022 48.05 47.50 48.85 47.45 0.682 times
27 Fri May 2022 49.30 53.80 53.80 47.70 0.565 times
26 Thu May 2022 48.25 50.75 50.75 46.70 1.395 times
25 Wed May 2022 50.30 51.65 59.65 49.30 6.069 times
24 Tue May 2022 51.45 50.00 54.95 50.00 0.236 times
23 Mon May 2022 51.55 53.35 54.60 50.40 0.2 times
20 Fri May 2022 55.10 53.70 55.15 53.30 0.033 times
19 Thu May 2022 52.30 53.50 54.05 51.70 0.256 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, but if it comes above 49, then a intra day buy could be more profitable.
If you take a sell trade below 49, then use 49 as stoploss and 44 as target. However if you take a buy trade in stock , then use 49 as stoploss and 53.18 as target.

Share price targets for Damoindus (Damoindus)

Target Type Value
Downside Target 46.70
Upside Target 50.25
Upside Target 55.60
Upside Target 56.85
Upside Target 59.65
Upside Target 59.95
Upside Target 60.60
Upside Target 67.45
Upside Target 67.65
Upside Target 75.80
Upside Target 78.75

Intraday share price targets for Damoindus (Damoindus)

Target Type Value
Downside Intraday Target 44.8
Downside Intraday Target 41.35
Upside Intraday Target 54.35
Upside Intraday Target 60.45
Upside Intraday Target 50.9

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
01 Wed Jun 2022 48.25 47.50 57.00 47.45 0.203 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
01 Wed Jun 2022 48.25 48.80 51.50 48.20 0.042 times
31 Tue May 2022 48.45 66.20 67.65 46.70 0.502 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

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 31, 18, 27 Buy
MACD -7, -6Sell
Stochastics 12Sell
CCI -74Sell
RSI 50Sell
OBV -113320Sell
VWAP 50Sell
ADL 0Sell
ROC -14Sell
Force Index 0Sell

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 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 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 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 BUY. Signal strength is Strong and stock is losing 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 getting stronger in this stock.

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 49.75 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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