Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-06-07 View latest technical analysis

10 day averaged volume of Damoindus is 10467

Date Daily Closing Price Open High Low Volume
07 Tue Jun 2022 48.90 48.00 49.60 47.95 0.307 times
06 Mon Jun 2022 48.70 48.95 49.05 48.45 0.026 times
03 Fri Jun 2022 49.90 52.05 52.95 49.50 0.261 times
02 Thu Jun 2022 51.00 48.80 51.70 48.55 0.342 times
01 Wed Jun 2022 48.25 48.80 51.50 48.20 0.554 times
31 Tue May 2022 48.45 48.35 57.00 48.35 0.418 times
30 Mon May 2022 48.05 47.50 48.85 47.45 0.64 times
27 Fri May 2022 49.30 53.80 53.80 47.70 0.53 times
26 Thu May 2022 48.25 50.75 50.75 46.70 1.31 times
25 Wed May 2022 50.30 51.65 59.65 49.30 5.697 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 48.7 as stoploss in an intra day buy trade for a target of 51.09. However, stock will show a bearish move below 48.7.

Share price targets for Damoindus (Damoindus)

Target Type Value
Downside Target 46.70
Upside Target 49.60
Upside Target 55.60
Upside Target 56.85
Upside Target 57.00
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 48.03
Downside Intraday Target 47.17
Upside Intraday Target 49.68
Upside Intraday Target 50.47
Downside Intraday Target 48.82

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
07 Tue Jun 2022 48.90 48.95 49.60 47.95 0.151 times
03 Fri Jun 2022 49.90 47.50 57.00 47.45 0.279 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

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
07 Tue Jun 2022 48.90 48.80 52.95 47.95 0.113 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 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 29, 16, 27 Buy
MACD -6, -6Buy
Stochastics 19Sell
CCI -61Buy
RSI 50Buy
OBV -83309Sell
VWAP 50Sell
ADL 0Sell
ROC -5Sell
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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Damoindus in short term but the buy 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 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 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 but buying is losing 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 49.62 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme