0.1676
price up icon5.65%   0.0066
 
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Damon Inc Stock (DMN) Forecast

The Damon Inc (DMN) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.00, representing a -100.00% decrease from the current price of $0.1676. The highest analyst price target is $0.00, and the lowest is $0.00.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month DMN Price Target
Average 0.00 (-100.00% Downside)
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Is Damon Inc (DMN) A Buy Now?

Oscillators
Name Value Action
RSI(14) 24.30 Buy
STOCH(9,6) 22.28 Neutral
STOCHRSI(14) 100.00 Sell
MACD(12,26) -0.0989 Buy
ADX(14) 28.60 Sell
William %R -91.09 Buy
CCI(14) -13.95 Neutral
Buy: 3 Sell: 2 Neutral: 2
Summary: Buy
Moving Averages
Period Simple Exponential
MA10
0.1759
Sell
0.1913
Sell
MA20
0.2534
Sell
0.258
Sell
MA50
0.4952
Sell
0.4627
Sell
MA100
0.5087
Sell
0.00
Buy
MA200
0.2544
Sell
0.00
Buy
Buy: 2 Sell: 8 Neutral: 0
Summary: Sell
According to our latest analysis, DMN could be considered a Strong Sell, with 17 technical analysis indicators signaling 5 Buy signals, 10 signaling Sell signals and 2 Neutral signals. This might not be a good time to consider opening new positions on DMN, as trading bearish markets can be challenging and may result in losses.
  1. RSI (Relative Strength Index): The RSI(14) value of 24.3 indicates that DMN is oversold. This indicates that DMN price has experienced a significant decline over a specified lookback period, potentially leading to a rebound.
  2. STOCH (Stochastic Oscillator): The STOCH value of 22.28 indicates that DMN is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that DMN is oversold. This suggests that DMN price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 28.6 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -13.95 indicates that DMN is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.

Damon Inc Stock (DMN) Year by Year Forecast

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Cap:     |  Volume (24h):