0.0034
price up icon9.68%   0.0003
 
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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 $0.0034. 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) 17.99 Buy
STOCH(9,6) 3.5159 Buy
STOCHRSI(14) 58.78 Neutral
MACD(12,26) -0.0509 Buy
ADX(14) 34.90 Sell
William %R -96.88 Buy
CCI(14) -13.71 Neutral
Buy: 4 Sell: 1 Neutral: 2
Summary: Buy
Moving Averages
Period Simple Exponential
MA10
0.00748
Sell
0.0101
Sell
MA20
0.0178
Sell
0.0391
Sell
MA50
0.18
Sell
0.1941
Sell
MA100
0.4844
Sell
0.4973
Sell
MA200
0.2588
Sell
0.00
Buy
Buy: 1 Sell: 9 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 17.99 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 3.5159 indicates that DMN is oversold. This indicates that DMN price is at or near the lowest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 58.78 indicates that DMN is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 34.9 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -13.71 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):