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 2023-09-25 View latest technical analysis

10 day averaged volume of Damoindus is 13748

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Sep 2023	48.96	50.85	50.85	48.46	0.834 times
22 Fri Sep 2023	50.59	51.21	52.99	48.72	1.836 times
21 Thu Sep 2023	51.13	50.80	53.30	49.85	1.652 times
20 Wed Sep 2023	50.78	50.61	51.99	46.10	1.372 times
18 Mon Sep 2023	51.80	54.30	54.30	50.00	0.247 times
15 Fri Sep 2023	52.92	49.55	53.80	49.55	1.164 times
14 Thu Sep 2023	50.13	49.50	51.30	49.33	0.519 times
13 Wed Sep 2023	49.85	49.50	57.00	48.00	0.378 times
12 Tue Sep 2023	47.99	52.36	53.10	47.32	0.318 times
11 Mon Sep 2023	51.80	53.35	53.65	51.65	0.729 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 50.46. However, stock will show a bearish move below 48.7.

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
Downside Target	48.46
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	48
Downside Intraday Target	47.03
Upside Intraday Target	50.39
Upside Intraday Target	51.81
Upside Intraday Target	49.42

Weekly technical analysis of Damoindus (Damoindus)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Sep 2023	48.96	50.85	50.85	48.46	0.163 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
25 Mon Sep 2023	48.96	47.50	57.00	46.10	1.958 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY. 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 getting stronger in this stock.

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 SELL signal for Damoindus in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 50.85 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.