FINCABLES - Swing Trade Analysis with AI Signals

Last Updated Time : 05 Nov 25, 7:43 am

Swing Trade Rating: 3.6

📈 Analysis: FINCABLES presents a moderately favorable swing trade setup. The current price of ₹791 is below both the 50 DMA (₹820) and 200 DMA (₹920), indicating a short-term downtrend. RSI at 42.3 and a negative MACD (-9.12) reflect weak momentum, but the stock is approaching a potential support zone. Fundamentally, the company is strong — zero debt, healthy ROCE (16.2%), and consistent profitability. The P/E of 21.6 is slightly below the industry average, and the PEG ratio of 2.07 suggests moderate overvaluation. Institutional activity is mixed, with a slight decline in FII holding and a marginal increase in DII holding.

🎯 Optimal Entry Price: ₹770–₹785 (near support and oversold RSI zone)

🚪 Exit Strategy (if holding): Consider exiting near ₹850–₹880 (resistance zone) or if RSI crosses 60 with MACD turning positive.

✅ Positive

• 📊 Strong ROCE (16.2%) and ROE (12.4%) — efficient capital allocation
• 💸 Zero debt — excellent financial health and flexibility
• 📈 EPS of ₹36.7 — solid earnings base
• 📈 Volume above 1-week average — increasing market interest

⚠️ Limitation

• 📉 RSI and MACD indicate weak technical momentum
• 📉 Price below both 50 and 200 DMA — bearish trend
• 📉 Slight decline in quarterly PAT and FII holding
• 📉 PEG ratio of 2.07 — mildly overvalued

📰 Company Negative News

• No major negative news reported, but technical weakness and FII reduction are cautionary signals

🌟 Company Positive News

• Consistent profitability and zero debt position support long-term investor confidence

🏭 Industry

• Industry P/E is 22.5 — FINCABLES trades slightly below, offering relative valuation comfort
• Electrical and cable sector benefits from infrastructure growth and power distribution investments

🧾 Conclusion

FINCABLES is a moderately attractive swing trade candidate with strong fundamentals but weak technicals. Entry near support offers a low-risk setup if momentum improves. Exit near resistance or on RSI/MACD confirmation is advisable.

I can also help you compare FINCABLES with Polycab or KEI to identify stronger swing setups in the same sector.