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 6452

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 52.89 52.45 55.15 51.75 1.763 times
29 Mon Apr 2024 51.54 51.60 52.99 51.00 0.126 times
26 Fri Apr 2024 51.54 56.20 56.20 51.54 0.074 times
25 Thu Apr 2024 51.94 52.20 53.11 51.02 0.427 times
24 Wed Apr 2024 52.37 53.35 54.80 51.61 3.336 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 53.3 as stoploss in an intra day sell trade for a target of 50.62. However, stock will show a bullish move above 53.3.

Share price targets for Damoindus (Damoindus)

Target Type Value
Downside Target 41.15
Downside Target 43.21
Downside Target 45.10
Downside Target 47.55
Downside Target 50.20
Upside Target 54.45
Upside Target 54.83
Upside Target 55.15
Upside Target 56.20
Upside Target 56.95
Upside Target 65.56
Upside Target 68.05

Intraday share price targets for Damoindus (Damoindus)

Target Type Value
Downside Intraday Target 50.88
Downside Intraday Target 48.86
Upside Intraday Target 55.03
Upside Intraday Target 57.16
Upside Intraday Target 53.01

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 52.89 51.60 55.15 51.00 0.354 times
26 Fri Apr 2024 51.54 51.87 56.20 50.20 1.334 times
19 Fri Apr 2024 51.87 50.06 54.50 48.30 0.496 times
12 Fri Apr 2024 51.45 48.36 54.83 48.36 1.092 times
05 Fri Apr 2024 49.11 43.55 50.30 43.21 1.358 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
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
29 Thu Feb 2024 54.35 57.05 68.05 51.50 0.836 times
31 Wed Jan 2024 56.28 50.24 65.56 47.55 4.551 times

Price has moved up 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 32, 10, 53 Buy
MACD 1, 0Buy
Stochastics 47None
CCI 85Buy
RSI 57Buy
OBV 23228Sell
VWAP 52Buy
ADL 0Sell
ROC 7Buy
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

Price action analysis of Damoindus ( (Damoindus) ) based on a short to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Damoindus stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Damoindus in short term and the buy 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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 52.41 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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