(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, -6 | Buy |
| Stochastics | 19 | Sell |
| CCI | -61 | Buy |
| RSI | 50 | Buy |
| OBV | -83309 | Sell |
| VWAP | 50 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | 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 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.
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