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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)

10 day averaged volume of Damoindus is 3340

Date Daily Closing Price Open High Low Volume
29 Wed Mar 2023 37.91 40.05 40.60 37.90 2.668 times
28 Tue Mar 2023 39.73 38.00 39.84 37.00 1.849 times
27 Mon Mar 2023 38.44 41.50 42.00 37.85 2.458 times
24 Fri Mar 2023 42.05 41.15 42.10 40.25 0.276 times
23 Thu Mar 2023 42.09 42.30 42.30 41.90 0.004 times
22 Wed Mar 2023 41.08 43.00 43.00 41.00 0.534 times
21 Tue Mar 2023 41.69 42.95 44.99 41.15 0.595 times
20 Mon Mar 2023 42.25 43.11 44.89 41.00 0.386 times
17 Fri Mar 2023 44.10 43.90 46.94 42.80 0.853 times
16 Thu Mar 2023 42.56 43.50 43.55 42.03 1.089 times

Stock of Damoindus (Damoindus) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 38, for a target of 40.6 or 42.8

Share price targets for Damoindus (Damoindus)

Target Type Value
Downside Target 37.00
Upside Target 40.25
Upside Target 42.00
Upside Target 43.00
Upside Target 44.99
Upside Target 46.05
Upside Target 48.40
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 35.94
Downside Intraday Target 33.97
Upside Intraday Target 40.94
Upside Intraday Target 43.97
Upside Intraday Target 38.97

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
29 Wed Mar 2023 37.91 41.50 42.00 37.00 3.886 times
24 Fri Mar 2023 42.05 43.11 44.99 40.25 0.096 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Damoindus (Damoindus)

Date Monthly Closing Price Open High Low Volume
29 Wed Mar 2023 37.91 45.00 51.00 37.00 3.933 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)

Indicator Name Indicator Value Indicator Signal
ADX 16, 23, 17 Sell
MACD -4, -4Sell
Stochastics 14Sell
CCI -121Sell
RSI 45Sell
OBV 43023Sell
VWAP 40Sell
ADL 0Sell
ROC -13Sell
Force Index 0Sell

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 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 losing 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 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 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 39.94 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.

Click here for Damoindus charts

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Daily charts

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Daily chart

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