Overall Technical outlook

Price Summary

With a -2.01% drop, DOMS Industries Limited enjoyed a awful day in the stock market.
DOMS Industries Limited's stock started the year at 2403.8, climbed to a high of 2409.0, fell to 2350.0, and closed -2.01% down at 2355.6, with 215863 shares traded on 2025-05-29.
In the past year, the highest stock price was 3069.0, and the lowest was 1765.7.
According to 8 analysts, the price of DOMS in the future is projected to be between 2200.0 and 3087.0, with an average expected price of 2802.375.

Technicals

Support and Resistance: At 2355.6, the price is held up by support at 2292.7 and faces resistance at 2569.9 for DOMS. This suggests a trading range where 2292.7 provides a base and 2569.9 limits upward movement.
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Support/Resistance for DOMS


Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for DOMS, with no strong trend emerging.
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Aroon chart for DOMS Industries Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for DOMS Industries Limited. This suggests a period of market balance, where neither side is showing dominance.
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Bolinger Bands chart for DOMS Industries Limited


Parabolic SAR: The PSAR for DOMS continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement.
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Parabolic Stop and Reverse chart for DOMS Industries Limited


Stochastic: The Stochastic K-line has dropped beneath the D-line and is below 20, indicating a mildly bearish outlook. This suggests that the market might experience some downward movement, though the bearish sentiment is mild. Investors should keep an eye on this trend for further confirmation.
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Stochastic chart for DOMS Industries Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Tripple SMA chart for DOMS Industries Limited


Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.