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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 2023-03-17 View latest technical analysis

10 day averaged volume of Damoindus is 15925

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Mar 2023	44.10	43.90	46.94	42.80	0.179 times
16 Thu Mar 2023	42.56	43.50	43.55	42.03	0.228 times
15 Wed Mar 2023	43.74	43.65	45.70	43.15	0.41 times
14 Tue Mar 2023	43.00	43.46	48.40	42.10	3.088 times
13 Mon Mar 2023	42.77	45.08	45.08	42.70	0.02 times
10 Fri Mar 2023	45.00	44.65	46.05	43.45	2.479 times
09 Thu Mar 2023	44.42	45.50	45.51	44.10	0.8 times
08 Wed Mar 2023	44.93	45.40	45.45	44.35	0.085 times
06 Mon Mar 2023	45.53	44.30	45.75	44.30	0.009 times
03 Fri Mar 2023	45.26	44.00	45.86	44.00	0.085 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 43.5 as stoploss in an intra day buy trade for a target of 45.36. However, stock will show a bearish move below 43.5.

Share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Target	42.03
Downside Target	43.00
Upside Target	45.75
Upside Target	48.40
Upside Target	49.50
Upside Target	50.10
Upside Target	51.00
Upside Target	54.90
Upside Target	59.65
Upside Target	60.55
Upside Target	66.65

Intraday share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Intraday Target	41.29
Downside Intraday Target	38.47
Upside Intraday Target	47.66
Upside Intraday Target	51.21
Upside Intraday Target	44.84

Weekly technical analysis of Damoindus (Damoindus)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Mar 2023	44.10	45.08	48.40	42.03	1.164 times
10 Fri Mar 2023	45.00	44.30	46.05	43.45	0.705 times
03 Fri Mar 2023	45.26	46.00	51.00	43.00	9.384 times
24 Fri Feb 2023	46.85	47.75	48.80	45.75	0.693 times
17 Fri Feb 2023	47.90	48.10	49.50	46.75	1.389 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
17 Fri Mar 2023	44.10	45.00	51.00	42.03	3.404 times
28 Tue Feb 2023	44.45	50.15	54.90	44.00	0.459 times
31 Tue Jan 2023	51.90	51.20	60.55	50.10	1.028 times
30 Fri Dec 2022	50.50	57.50	59.65	46.70	0.417 times

Scroll below to view daily charts

Price has moved down 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 43.93 and Damoindus (Damoindus) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.