(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 2024-06-12 View latest technical analysis
10 day averaged volume of Damoindus is 3172
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 49.00 | 53.49 | 53.49 | 47.40 | 2.4 times |
| 11 Tue Jun 2024 | 49.31 | 48.71 | 50.00 | 48.51 | 1.212 times |
| 10 Mon Jun 2024 | 48.46 | 49.05 | 49.05 | 47.05 | 2.604 times |
| 07 Fri Jun 2024 | 48.15 | 47.99 | 48.75 | 47.51 | 1.073 times |
| 06 Thu Jun 2024 | 48.10 | 48.00 | 48.55 | 47.45 | 0.137 times |
| 05 Wed Jun 2024 | 46.01 | 41.09 | 47.75 | 41.09 | 0.887 times |
| 04 Tue Jun 2024 | 45.14 | 54.99 | 54.99 | 43.65 | 1.821 times |
| 03 Mon Jun 2024 | 49.82 | 51.00 | 51.00 | 49.06 | 0.425 times |
| 31 Fri May 2024 | 49.69 | 50.54 | 50.54 | 49.04 | 0.451 times |
| 30 Thu May 2024 | 49.93 | 54.90 | 54.90 | 49.70 | 0.45 times |
Stock of Damoindus (Damoindus) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 47.8 or till 46. Use a stoploss of 49.3 and if the stock hits stoploss, then it can shoot up till 50.79
Share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Target | 41.09 |
| Downside Target | 43.21 |
| Downside Target | 47.05 |
| Downside Target | 48.60 |
| Upside Target | 51.22 |
| Upside Target | 53.49 |
| Upside Target | 54.90 |
| Upside Target | 54.99 |
| Upside Target | 55.50 |
| Upside Target | 56.20 |
| Upside Target | 56.95 |
| Upside Target | 57.90 |
| Upside Target | 68.05 |
Intraday share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Intraday Target | 46.2 |
| Downside Intraday Target | 43.41 |
| Upside Intraday Target | 52.64 |
| Upside Intraday Target | 56.29 |
| Upside Intraday Target | 49.85 |
Weekly technical analysis of Damoindus (Damoindus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 49.00 | 49.05 | 53.49 | 47.05 | 1.431 times |
| 07 Fri Jun 2024 | 48.15 | 51.00 | 54.99 | 41.09 | 0.921 times |
| 31 Fri May 2024 | 49.69 | 50.95 | 54.90 | 49.00 | 1.213 times |
| 24 Fri May 2024 | 50.77 | 55.50 | 55.50 | 49.52 | 0.702 times |
| 18 Sat May 2024 | 49.50 | 49.23 | 51.22 | 48.60 | 0.869 times |
Price has moved up 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 |
| 12 Wed Jun 2024 | 49.00 | 51.00 | 54.99 | 41.09 | 0.36 times |
| 31 Fri May 2024 | 49.69 | 54.05 | 57.90 | 48.60 | 0.541 times |
| 30 Tue Apr 2024 | 52.89 | 43.55 | 56.20 | 43.21 | 1.97 times |
| 28 Thu Mar 2024 | 41.36 | 54.99 | 56.95 | 41.15 | 0.18 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)
Price action analysis of Damoindus ( (Damoindus) ) based on a short 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.
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 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 gaining 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 but selling is losing 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 48.07 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.
Price action analysis of Damoindus ( (Damoindus) ) based on a short 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.
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 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 gaining 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 but selling is losing 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 48.07 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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