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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)

Showing technical analysis as on 2024-10-17 View latest technical analysis

10 day averaged volume of Damoindus is 2385

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	45.17	44.99	48.00	43.01	5.802 times
16 Wed Oct 2024	45.27	45.58	46.59	45.05	0.511 times
15 Tue Oct 2024	45.12	44.39	46.07	44.20	0.292 times
14 Mon Oct 2024	44.98	44.99	45.03	44.26	0.268 times
11 Fri Oct 2024	44.25	44.56	45.12	44.25	0.699 times
10 Thu Oct 2024	44.25	44.91	45.38	43.31	0.451 times
09 Wed Oct 2024	44.56	42.41	44.68	42.00	1.028 times
08 Tue Oct 2024	43.28	43.66	44.07	43.01	2.969 times
07 Mon Oct 2024	43.06	45.02	45.02	42.75	1.242 times
03 Thu Oct 2024	44.16	46.65	46.65	43.40	1.397 times

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

My analysis of stock is bearish for shortterm, and stock might move down till 44.1 or till 42.3. Use a stoploss of 45.65 and if the stock hits stoploss, then it can shoot up till 47.17

Share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Target	41.09
Downside Target	42.00
Downside Target	43.01
Downside Target	44.90
Upside Target	46.55
Upside Target	48.00
Upside Target	48.60
Upside Target	53.10
Upside Target	54.79
Upside Target	54.99
Upside Target	55.00

Intraday share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Intraday Target	42.79
Downside Intraday Target	40.4
Upside Intraday Target	47.78
Upside Intraday Target	50.38
Upside Intraday Target	45.39

Weekly technical analysis of Damoindus (Damoindus)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	45.17	44.99	48.00	43.01	1.076 times
11 Fri Oct 2024	44.25	45.02	45.38	42.00	2.184 times
03 Thu Oct 2024	44.16	46.28	47.10	43.40	0.232 times
27 Fri Sep 2024	45.72	47.80	48.60	45.05	2.16 times
20 Fri Sep 2024	47.88	50.39	54.79	47.42	0.742 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
17 Thu Oct 2024	45.17	46.27	48.00	42.00	0.382 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
31 Wed Jul 2024	50.41	51.09	55.00	48.00	1.285 times

Scroll below to view daily charts

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)

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 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 gaining momentum.

MACD generated a BUY signal for Damoindus in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 44.4 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 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.