Homepage Active Options Active Stocks

Stock analysis Damodar Indust. DAMODARIND

More indepth analysis on MunafaSutra.com

Moving Averages for Damodar Indust.

  • 5Day Average: 52.32
  • 12Day Average: 51.59
  • 20Day Average: 49.05
  • 50Day Average: 51.14
  • 100Day Average: 52.85
  • 150Day Average: 52
  • 200Day Average: 50.85

DAMODARIND Indicators & signals

Indicator MACD (12,26,9)

51.18, 50.39, 0.21
Indicator MACD is in positive zone

Indicator ADX (14)

10.74, 22.56, 18.18
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DAMODARIND Damodar Indust. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 51.95 51.60 to 53.00 -0.76% 0.22 times
24 Wed Apr 2024 52.35 51.00 to 54.75 -1.78% 1.39 times
23 Tue Apr 2024 53.30 52.20 to 54.25 0.57% 0.52 times
22 Mon Apr 2024 53.00 50.35 to 54.65 3.92% 1.08 times
19 Fri Apr 2024 51.00 50.35 to 52.20 -2.67% 0.43 times
18 Thu Apr 2024 52.40 49.05 to 52.90 5.12% 0.81 times
16 Tue Apr 2024 49.85 47.55 to 50.40 1.73% 0.29 times
15 Mon Apr 2024 49.00 48.60 to 51.25 -4.58% 0.4 times
12 Fri Apr 2024 51.35 51.25 to 54.00 -2.75% 0.43 times
10 Wed Apr 2024 52.80 52.00 to 54.70 -0.47% 0.75 times
09 Tue Apr 2024 53.05 49.00 to 54.70 8.27% 3.9 times
08 Mon Apr 2024 49.00 48.85 to 50.35 0.41% 0.22 times

Technical analysis forecast of Damodar Indust. Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Damodar Indust. DAMODARIND at this time. Stock is rising and might rise more.

It appears as if Damodar Indust. DAMODARIND gave a large move recently.

Stock of Damodar Indust. (DAMODARIND) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Damodar Indust. is bullish for shortterm, and stock might move up till 54.2 or till 58.6. Use a stoploss of 50.48 and if this stock hits its stoploss, then it can fall down till 46.8

More indepth analysis on MunafaSutra.com