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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 2024-10-22 View latest technical analysis

10 day averaged volume of Damoindus is 4359

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	42.05	46.99	46.99	42.05	2.235 times
21 Mon Oct 2024	43.86	43.56	46.95	43.51	2.893 times
18 Fri Oct 2024	43.39	45.17	46.00	43.19	0.531 times
17 Thu Oct 2024	45.17	44.99	48.00	43.01	3.174 times
16 Wed Oct 2024	45.27	45.58	46.59	45.05	0.279 times
15 Tue Oct 2024	45.12	44.39	46.07	44.20	0.16 times
14 Mon Oct 2024	44.98	44.99	45.03	44.26	0.147 times
11 Fri Oct 2024	44.25	44.56	45.12	44.25	0.382 times
10 Thu Oct 2024	44.25	44.91	45.38	43.31	0.247 times
09 Wed Oct 2024	44.56	42.41	44.68	42.00	0.562 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 41.9, for a target of 43.5 or 44.9

Share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Target	41.09
Downside Target	42.00
Upside Target	43.01
Upside 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	40.4
Downside Intraday Target	38.76
Upside Intraday Target	45.34
Upside Intraday Target	48.64
Upside Intraday Target	43.7

Weekly technical analysis of Damoindus (Damoindus)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	42.05	43.56	46.99	42.05	1.195 times
18 Fri Oct 2024	43.39	44.99	48.00	43.01	1.228 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

Price has moved down 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
22 Tue Oct 2024	42.05	46.27	48.00	42.00	0.631 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining 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 43.98 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.