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Technicals for DOMS Industries Limited
By MusingTheNews
2025-09-05 20:27
Overall Technical outlook
Price Summary
A -3.4% drop in DOMS Industries Limited's stock marked an lacklustre day on the market. On 2025-09-05, DOMS's stock opened at 2739.5, reached a peak of 2760.0, dropped to 2621.7, and ended -3.4% down at 2646.4, with a volume of 366945 shares. The stock's highest price over the 52-week span is 3069.0, while the lowest price is 2213.65. Analysts' predictions indicate that DOMS's future price will be between 2300.0 and 3220.0, with a mean price expectation of approximately 2808.6.
Technicals
Support and Resistance: The price of 2646.4 is supported at 2372.8 and capped by resistance at 2773.9. These levels mark key points for DOMS Industries Limited where the price could find stability, with 2372.8 as a floor and 2773.9 as a ceiling. Support/Resistance for DOMS
Aroon: The current reading of the AROON 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. Aroon chart for DOMS Industries Limited
Bol. Bands: The price for DOMS is currently above the upper Bollinger Band and has stayed there since its last upward move. This could suggest strong bullish momentum, indicating that the asset is experiencing an overbought condition. Traders may see this as a sign of sustained strength, though caution is advised as extended periods above the band could lead to a potential reversal or correction. Bolinger Bands chart for DOMS Industries Limited
Parabolic SAR: The PSAR for DOMS continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for DOMS Industries Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Stochastic chart for DOMS Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Tripple SMA chart for DOMS Industries Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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