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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 2022-06-24 View latest technical analysis

10 day averaged volume of Damoindus is 2501

Date Daily Closing Price Open High Low Volume
24 Fri Jun 2022 42.75 42.70 43.85 41.25 1.525 times
23 Thu Jun 2022 41.70 41.00 42.30 41.00 0.242 times
22 Wed Jun 2022 40.75 41.20 42.60 40.60 1.267 times
21 Tue Jun 2022 41.45 44.00 44.00 36.60 0.539 times
20 Mon Jun 2022 39.80 46.95 46.95 36.50 1.864 times
17 Fri Jun 2022 43.05 39.00 46.50 39.00 1.517 times
16 Thu Jun 2022 41.95 43.50 44.40 41.25 1.169 times
15 Wed Jun 2022 42.15 42.05 43.10 41.70 0.854 times
14 Tue Jun 2022 42.30 50.00 50.00 41.35 2.025 times
13 Mon Jun 2022 45.30 47.50 47.50 44.10 0.376 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 41.9 as stoploss in an intra day buy trade for a target of 45.33. However, stock will show a bearish move below 41.9.

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 37.18
Downside Intraday Target 31.62
Upside Intraday Target 47.63
Upside Intraday Target 52.52
Downside Intraday Target 42.07

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
24 Fri Jun 2022 42.75 46.95 46.95 36.50 0.916 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
24 Fri Jun 2022 42.75 48.80 52.95 36.50 0.452 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 13, 18, 16 Sell
MACD -7, -7Buy
Stochastics 39None
CCI 5Buy
RSI 49Sell
OBV -2987Sell
VWAP 42Buy
ADL 0Sell
ROC -10Sell
Force Index 0Sell

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 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 Weak and stock is losing 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 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 and BUY signal is strong.

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

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 41.88 and Damoindus (Damoindus) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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Daily charts

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Daily chart

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