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 2022-06-23 View latest technical analysis

10 day averaged volume of Damoindus is 3717

Date Daily Closing Price Open High Low Volume
23 Thu Jun 2022 41.70 41.00 42.30 41.00 0.163 times
22 Wed Jun 2022 40.75 41.20 42.60 40.60 0.852 times
21 Tue Jun 2022 41.45 44.00 44.00 36.60 0.363 times
20 Mon Jun 2022 39.80 46.95 46.95 36.50 1.255 times
17 Fri Jun 2022 43.05 39.00 46.50 39.00 1.02 times
16 Thu Jun 2022 41.95 43.50 44.40 41.25 0.786 times
15 Wed Jun 2022 42.15 42.05 43.10 41.70 0.575 times
14 Tue Jun 2022 42.30 50.00 50.00 41.35 1.362 times
13 Mon Jun 2022 45.30 47.50 47.50 44.10 0.253 times
10 Fri Jun 2022 47.60 47.50 48.25 47.50 0.099 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.2, but if it comes above 42.2, then a intra day buy could be more profitable.
If you take a sell trade below 42.2, then use 42.2 as stoploss and 38 as target. However if you take a buy trade in stock , then use 42.2 as stoploss and 45.66 as target.

Share price targets for Damoindus (Damoindus)

Target Type Value
Downside Target 36.50
Downside Target 39.00
Upside Target 46.70
Upside Target 49.90
Upside Target 51.95
Upside Target 55.60
Upside Target 57.00
Upside Target 59.65
Upside Target 59.95
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 36.48
Downside Intraday Target 31.27
Upside Intraday Target 46.93
Upside Intraday Target 52.17
Upside Intraday Target 41.72

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
23 Thu Jun 2022 41.70 46.95 46.95 36.50 0.659 times
17 Fri Jun 2022 43.05 47.50 50.00 39.00 0.622 times
10 Fri Jun 2022 47.60 48.95 49.90 46.70 1.031 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

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
23 Thu Jun 2022 41.70 48.80 52.95 36.50 0.425 times
31 Tue May 2022 48.45 66.20 67.65 46.70 0.517 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 10, 20, 31 Sell
MACD -7, -7Sell
Stochastics 36None
CCI -52Buy
RSI 50Sell
OBV -20510Sell
VWAP 42Sell
ADL 0Sell
ROC -13Sell
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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Damoindus in short term and the sell 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 weakening, and bulls are picking up momentum!

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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 41.83 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