Login or Join
Learn then Earn

(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 2169

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 41.24 41.71 43.00 41.17 1.54 times
18 Mon Nov 2024 40.73 40.50 41.32 39.33 1.574 times
14 Thu Nov 2024 39.37 39.01 39.75 38.28 0.804 times
13 Wed Nov 2024 39.01 41.73 41.73 38.68 1.42 times
12 Tue Nov 2024 41.73 41.16 43.14 40.11 1.861 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 41 as stoploss in an intra day buy trade for a target of 42.54. However, stock will show a bearish move below 41.

Share price targets for Damoindus (Damoindus)

Target Type Value
Downside Target 38.28
Downside Target 39.33
Upside Target 41.46
Upside Target 43.00
Upside Target 44.30
Upside Target 46.55
Upside Target 46.99
Upside Target 47.80
Upside Target 48.00
Upside Target 53.10
Upside Target 54.79
Upside Target 55.00

Intraday share price targets for Damoindus (Damoindus)

Target Type Value
Downside Intraday Target 39.38
Downside Intraday Target 37.52
Upside Intraday Target 43.05
Upside Intraday Target 44.86
Downside Intraday Target 41.19

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 41.24 40.50 43.00 39.33 0.711 times
14 Thu Nov 2024 39.37 41.74 43.20 38.28 1.53 times
08 Fri Nov 2024 42.48 44.02 44.30 42.12 0.317 times
01 Fri Nov 2024 44.40 41.46 47.80 41.46 0.469 times
25 Fri Oct 2024 42.52 43.56 46.99 41.70 2.236 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
19 Tue Nov 2024 41.24 43.40 45.49 38.28 0.231 times
31 Thu Oct 2024 44.70 46.27 48.00 41.46 1.019 times
30 Mon Sep 2024 45.56 48.01 54.79 44.90 0.798 times
30 Fri Aug 2024 48.55 50.90 53.10 46.55 0.762 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 25, 24, 1 Buy
MACD -2, -2Sell
Stochastics 35None
CCI -7Buy
RSI 39Sell
OBV 38845Sell
VWAP 41Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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 BUY. 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.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Damoindus in short term but BUY signal is weak.

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 41.43 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

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme