(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 2024-08-08 View latest technical analysis
10 day averaged volume of Damoindus is 7649
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 47.63 | 48.66 | 49.15 | 46.56 | 1.469 times |
| 07 Wed Aug 2024 | 48.98 | 48.44 | 49.27 | 48.27 | 0.099 times |
| 06 Tue Aug 2024 | 48.26 | 48.43 | 49.53 | 48.03 | 0.134 times |
| 05 Mon Aug 2024 | 47.48 | 46.55 | 48.31 | 46.55 | 0.116 times |
| 02 Fri Aug 2024 | 49.70 | 48.99 | 50.44 | 48.99 | 0.758 times |
| 01 Thu Aug 2024 | 49.15 | 50.90 | 50.90 | 49.01 | 1.201 times |
| 31 Wed Jul 2024 | 50.41 | 51.51 | 52.30 | 49.65 | 4.298 times |
| 30 Tue Jul 2024 | 53.73 | 54.95 | 54.95 | 51.07 | 1.186 times |
| 29 Mon Jul 2024 | 52.10 | 52.69 | 52.69 | 51.20 | 0.933 times |
| 26 Fri Jul 2024 | 51.08 | 51.52 | 52.30 | 50.71 | 0.453 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.3, but if it comes above 48.3, then a intra day buy could be more profitable.
If you take a sell trade below 48.3, then use 48.3 as stoploss and 46.3 as target. However if you take a buy trade in stock , then use 48.3 as stoploss and 50.07 as target.
Share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Target | 41.09 |
| Downside Target | 43.21 |
| Downside Target | 46.55 |
| Upside Target | 48.00 |
| Upside Target | 50.90 |
| Upside Target | 52.30 |
| Upside Target | 53.06 |
| Upside Target | 54.95 |
| Upside Target | 54.99 |
| Upside Target | 55.00 |
| Upside Target | 56.20 |
| Upside Target | 57.90 |
Intraday share price targets for Damoindus (Damoindus)
| Target Type | Value |
| Downside Intraday Target | 46.28 |
| Downside Intraday Target | 44.92 |
| Upside Intraday Target | 49.26 |
| Upside Intraday Target | 50.88 |
| Upside Intraday Target | 47.9 |
Weekly technical analysis of Damoindus (Damoindus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 47.63 | 46.55 | 49.53 | 46.55 | 0.217 times |
| 02 Fri Aug 2024 | 49.70 | 52.69 | 54.95 | 48.99 | 4.607 times |
| 26 Fri Jul 2024 | 51.08 | 50.03 | 52.30 | 48.00 | 0.82 times |
| 19 Fri Jul 2024 | 49.05 | 53.06 | 53.06 | 48.14 | 0.635 times |
| 12 Fri Jul 2024 | 52.03 | 52.57 | 55.00 | 51.05 | 0.478 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 |
| 08 Thu Aug 2024 | 47.63 | 50.90 | 50.90 | 46.55 | 0.178 times |
| 31 Wed Jul 2024 | 50.41 | 51.09 | 55.00 | 48.00 | 1.285 times |
| 28 Fri Jun 2024 | 51.94 | 51.00 | 54.99 | 41.09 | 1.358 times |
| 31 Fri May 2024 | 49.69 | 54.05 | 57.90 | 48.60 | 0.541 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 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 gaining momentum.
MACD generated a SELL signal for Damoindus in short term and the sell signal is strong.
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 coming down
CCI has generated a SELL signal for Damoindus in short term and SELL 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 50.31 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 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 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 gaining momentum.
MACD generated a SELL signal for Damoindus in short term and the sell signal is strong.
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 coming down
CCI has generated a SELL signal for Damoindus in short term and SELL 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 50.31 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 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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