(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, -4 | Sell |
| Stochastics | 14 | Sell |
| CCI | -121 | Sell |
| RSI | 45 | Sell |
| OBV | 43023 | Sell |
| VWAP | 40 | Sell |
| ADL | 0 | Sell |
| ROC | -13 | Sell |
| Force Index | 0 | Sell |
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.
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