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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 3774

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 51.09 55.50 55.50 49.63 1.496 times
20 Mon May 2024 49.50 50.40 51.22 49.50 0.399 times
17 Fri May 2024 50.78 50.00 51.00 49.20 0.877 times
16 Thu May 2024 49.92 50.25 51.20 49.50 0.803 times
15 Wed May 2024 50.44 49.61 51.05 49.50 1.164 times

My analysis of stock is bearish for shortterm, and stock might move down till 50 or till 48.4. Use a stoploss of 51.42 and if the stock hits stoploss, then it can shoot up till 52.81

Share price targets for Damoindus (Damoindus)

Target Type Value
Downside Target 41.15
Downside Target 43.21
Downside Target 47.55
Downside Target 48.60
Upside Target 55.50
Upside Target 56.20
Upside Target 56.70
Upside Target 56.95
Upside Target 57.90
Upside Target 65.56
Upside Target 68.05

Intraday share price targets for Damoindus (Damoindus)

Target Type Value
Downside Intraday Target 48.56
Downside Intraday Target 46.03
Upside Intraday Target 54.56
Upside Intraday Target 58.03
Upside Intraday Target 52.03

Weekly technical analysis of Damoindus (Damoindus)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 51.09 50.40 55.50 49.50 0.445 times
17 Fri May 2024 50.78 49.23 51.20 48.60 0.794 times
10 Fri May 2024 50.22 54.50 57.90 49.11 0.504 times
03 Fri May 2024 53.82 51.60 56.70 51.00 1.166 times
26 Fri Apr 2024 51.54 51.87 56.20 50.20 1.334 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
21 Tue May 2024 51.09 54.05 57.90 48.60 0.415 times
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

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 32, 9, 55 Buy
MACD -0, -0Sell
Stochastics 20Sell
CCI 103Buy
RSI 51Buy
OBV -24557Sell
VWAP 50Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Damoindus ( (Damoindus) ) based on a short 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong and stock is gaining 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 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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Damoindus is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 50.43 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.

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