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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 2024-11-26 View latest technical analysis

10 day averaged volume of Damoindus is 2165

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	40.18	40.30	40.61	39.89	0.237 times
25 Mon Nov 2024	40.37	41.10	41.99	39.97	0.393 times
22 Fri Nov 2024	40.16	40.66	40.72	39.22	1.452 times
21 Thu Nov 2024	40.66	40.70	41.64	40.13	0.121 times
19 Tue Nov 2024	41.24	41.71	43.00	41.17	1.543 times
18 Mon Nov 2024	40.73	40.50	41.32	39.33	1.577 times
14 Thu Nov 2024	39.37	39.01	39.75	38.28	0.806 times
13 Wed Nov 2024	39.01	41.73	41.73	38.68	1.422 times
12 Tue Nov 2024	41.73	41.16	43.14	40.11	1.865 times
11 Mon Nov 2024	43.12	41.74	43.20	41.74	0.297 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.4, but if it comes above 40.4, then a intra day buy could be more profitable.
If you take a sell trade below 40.4, then use 40.4 as stoploss and 38.3 as target. However if you take a buy trade in stock , then use 40.4 as stoploss and 42.14 as target.

Share price targets for Damoindus (Damoindus)

Target Type	Value
Downside Target	38.28
Downside Target	39.22
Upside Target	41.46
Upside Target	43.00
Upside Target	44.30
Upside Target	46.55
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	38.59
Upside Intraday Target	41.48
Upside Intraday Target	42.79
Upside Intraday Target	40.69

Weekly technical analysis of Damoindus (Damoindus)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	40.18	41.10	41.99	39.89	0.134 times
22 Fri Nov 2024	40.16	40.50	43.00	39.22	1.069 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

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
26 Tue Nov 2024	40.18	43.40	45.49	38.28	0.278 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

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.

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 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 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 40.6 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.