(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)
10 day averaged volume of Damoindus is 27742
|Date||Daily Closing Price||Open||High||Low||Volume|
|09 Fri Dec 2022||54.40||51.90||54.80||51.10||0.118 times|
|08 Thu Dec 2022||51.50||52.65||53.20||51.35||0.133 times|
|07 Wed Dec 2022||51.60||52.10||52.85||51.40||0.212 times|
|06 Tue Dec 2022||51.85||52.90||53.95||51.40||0.042 times|
|05 Mon Dec 2022||52.20||53.35||54.35||51.65||0.228 times|
|02 Fri Dec 2022||54.10||55.05||55.90||53.50||0.214 times|
|01 Thu Dec 2022||54.50||57.50||59.65||53.80||0.78 times|
|30 Wed Nov 2022||57.20||56.50||60.10||55.65||0.939 times|
|29 Tue Nov 2022||56.50||62.00||66.65||55.50||2.349 times|
|28 Mon Nov 2022||59.50||49.90||59.50||49.50||2.868 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 54.8 as stoploss in an intra day sell trade for a target of 49.84. However, stock will show a bullish move above 54.8.
Share price targets for Damoindus (Damoindus)
Intraday share price targets for Damoindus (Damoindus)
|Downside Intraday Target||52.07|
|Downside Intraday Target||49.73|
|Upside Intraday Target||55.77|
|Upside Intraday Target||57.13|
|Downside Intraday Target||53.43|
Weekly technical analysis of Damoindus (Damoindus)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|09 Fri Dec 2022||54.40||53.35||54.80||51.10||0.102 times|
|02 Fri Dec 2022||54.10||49.90||66.65||49.50||2.862 times|
|25 Fri Nov 2022||49.60||45.35||52.00||43.40||4.496 times|
|18 Fri Nov 2022||45.05||45.55||46.15||44.40||0.898 times|
|11 Fri Nov 2022||47.25||46.45||51.60||44.70||1.988 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|
|09 Fri Dec 2022||54.40||57.50||59.65||51.10||0.171 times|
|30 Wed Nov 2022||57.20||46.90||66.65||43.40||8.575 times|
|31 Mon Oct 2022||46.70||50.00||50.35||44.60||0.332 times|
|30 Fri Sep 2022||50.50||55.95||58.70||47.00||1.116 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||32, 11, 49||Buy|
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 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 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 BUY signal for Damoindus in short term and the buy signal is strong.
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 getting stronger in this stock.
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 but BUY signal is weak.
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
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 57.02 and Damoindus (Damoindus) stock is trading below this level. This means that stock is falling with high volumes. 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.