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Technicals for DOMS Industries Limited
By MusingTheNews
2026-02-02 20:31
Overall Technical outlook
Price Summary
On 2026-02-02, DOMS Industries Limited's stock opened at 2355.0, spiked to 2460.0, declined to 2345.0, and closed 1.32% up at 2386.2, with 24959 shares traded. Over the previous 52 weeks, the stock reached a high of 3000.6 and a low of 2287.7. The projected price range for DOMS Industries Limited is between 2450.0 and 3450.0, with an expected mean price of 2925.6365, according to 11 analysts.
Technicals
Support and Resistance: The price for DOMS at 2386.2 finds support at 2287.7 and resistance at 2421.6. This suggests a trading range, where 2287.7 serves as a support level and 2421.6 acts as a resistance point, potentially capping further gains. Support/Resistance for DOMS
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for DOMS Industries Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for DOMS Industries Limited
Parabolic SAR: The PSAR for DOMS has moved from a bearish to a bullish stance, potentially signaling a trend change. When considered with other indicators, this reversal could be a very bullish signal if supported by a trend. Investors should watch for additional confirmation before fully committing to this potential opportunity. Parabolic Stop and Reverse chart for DOMS Industries Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for DOMS Industries Limited
Tripple Moving Agerage: A bullish trend is indicated by the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages hint at a potential reversal. The weakening momentum in the shorter-term averages suggests that the current trend may not hold, signaling the possibility of an upcoming change in direction for DOMS. 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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