DOMS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | DOMS | Market Cap | 13,409 Cr. | Current Price | 2,210 ₹ | High / Low | 2,770 ₹ |
| Stock P/E | 61.1 | Book Value | 193 ₹ | Dividend Yield | 0.14 % | ROCE | 25.2 % |
| ROE | 20.6 % | Face Value | 10.0 ₹ | DMA 50 | 2,299 ₹ | DMA 200 | 2,401 ₹ |
| Chg in FII Hold | -0.76 % | Chg in DII Hold | 0.86 % | PAT Qtr | 54.1 Cr. | PAT Prev Qtr | 54.2 Cr. |
| RSI | 40.4 | MACD | -30.2 | Volume | 20,312 | Avg Vol 1Wk | 37,619 |
| Low price | 2,007 ₹ | High price | 2,770 ₹ | PEG Ratio | 1.73 | Debt to equity | 0.07 |
| 52w Index | 26.7 % | Qtr Profit Var | 17.2 % | EPS | 36.2 ₹ | Industry PE | 29.2 |
📈 Chart & Trend Analysis: DOMS is trading at ₹2,210, below both its 50 DMA (₹2,299) and 200 DMA (₹2,401), signaling weakness. RSI at 40.4 indicates bearish momentum nearing oversold territory. MACD at -30.2 confirms negative divergence. Bollinger Bands show price leaning toward the lower band, suggesting downside pressure with support near ₹2,200–₹2,210.
🔎 Momentum Signals: Current volume (20K) is below the 1-week average (37K), showing weak participation. Short-term momentum remains bearish, but oversold RSI could trigger a rebound if support holds.
🎯 Entry Zone: ₹2,190–₹2,210 (support cluster)
🚪 Exit Zone: ₹2,280–₹2,300 (resistance near 50 DMA)
🛑 Stop-Loss: ₹2,160 (below recent support)
📊 Trend Status: Reversing to bearish bias; consolidation possible if price stabilizes around ₹2,200.
Positive
- EPS at ₹36.2 supports earnings strength.
- Quarterly PAT stability (₹54.1 Cr vs ₹54.2 Cr) shows resilience.
- DII holdings increased (+0.86%), reflecting domestic institutional support.
- Strong ROE (20.6%) and ROCE (25.2%) highlight efficiency.
- Low debt-to-equity (0.07) ensures financial stability.
Limitation
- Trading below both 50 DMA and 200 DMA indicates technical weakness.
- RSI (40.4) and MACD (-30.2) confirm bearish momentum.
- High P/E (61.1) compared to industry PE (29.2) signals overvaluation.
- Volume below average reduces conviction in breakout potential.
Company Negative News
- Decline in FII holdings (-0.76%) signals cautious foreign sentiment.
- Stock trading near lower support levels highlights weak momentum.
Company Positive News
- DII inflows (+0.86%) show confidence in near-term performance.
- Quarterly profit variation (+17.2%) reflects earnings improvement.
Industry
- Industry PE at 29.2 is much lower than DOMS’s 61.1, highlighting valuation premium.
- Consumer goods sector remains resilient but faces cyclical demand pressures.
Conclusion
⚠️ DOMS is showing bearish reversal signals with price below key moving averages and weak momentum indicators. Entry around ₹2,190–₹2,210 offers cautious accumulation, with exit targets at ₹2,280–₹2,300. Strong fundamentals (ROE/ROCE, low debt) support long-term stability, but high valuations and weak technicals warrant defensive positioning.
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