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)

10 day averaged volume of Damoindus is 11161

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	49.00	49.21	50.30	48.62	0.145 times
28 Thu Sep 2023	49.18	49.80	50.10	48.50	0.267 times
27 Wed Sep 2023	49.52	49.34	49.99	48.00	0.204 times
26 Tue Sep 2023	49.00	48.99	49.85	48.99	0.138 times
25 Mon Sep 2023	48.96	50.85	50.85	48.46	1.027 times
22 Fri Sep 2023	50.59	51.21	52.99	48.72	2.261 times
21 Thu Sep 2023	51.13	50.80	53.30	49.85	2.035 times
20 Wed Sep 2023	50.78	50.61	51.99	46.10	1.69 times
18 Mon Sep 2023	51.80	54.30	54.30	50.00	0.305 times
15 Fri Sep 2023	52.92	49.55	53.80	49.55	1.434 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.2, but if it comes above 49.2, then a intra day buy could be more profitable.
If you take a sell trade below 49.2, then use 49.2 as stoploss and 47.4 as target. However if you take a buy trade in stock , then use 49.2 as stoploss and 50.68 as target.

Share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Target	38.00
Downside Target	39.11
Downside Target	43.09
Downside Target	46.10
Upside Target	49.50
Upside Target	50.00
Upside Target	50.85
Upside Target	51.35
Upside Target	54.30
Upside Target	54.85
Upside Target	57.00

Intraday share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Intraday Target	47.72
Downside Intraday Target	46.43
Upside Intraday Target	50.57
Upside Intraday Target	52.13
Upside Intraday Target	49.28

Weekly technical analysis of Damoindus (Damoindus)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	49.00	50.85	50.85	48.00	0.283 times
22 Fri Sep 2023	50.59	54.30	54.30	46.10	1.643 times
15 Fri Sep 2023	52.92	53.35	57.00	47.32	0.392 times
08 Fri Sep 2023	52.83	49.95	54.85	49.50	8.943 times
01 Fri Sep 2023	49.31	48.00	50.00	47.01	0.278 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
29 Fri Sep 2023	49.00	47.50	57.00	46.10	2.027 times
31 Thu Aug 2023	48.08	47.60	51.35	43.85	0.882 times
31 Mon Jul 2023	47.36	44.00	49.90	43.09	1.56 times
30 Fri Jun 2023	44.32	41.35	48.50	39.11	1.968 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Damoindus (Damoindus)

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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Damoindus in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

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 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 50.84 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 has given negative 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.