IEX - Swing Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Swing Trade Rating: 2.6

📉 Technical Snapshot

Current Price (₹135) is far below both 50 DMA (₹187) and 200 DMA (₹183) — confirms persistent bearish trend.

RSI (22.7): Deeply oversold — potential for short-term bounce, but no reversal signs yet.

MACD (–13.0): Strong negative divergence — no momentum recovery in sight.

Volume: Well below weekly average — signals waning interest and limited swing potential.

📊 Fundamental Overview

Valuation

P/E (26.5) vs Industry PE (71.4) → undervalued, but not compelling for swing setup.

PEG Ratio (1.99) → pricing stretched relative to growth expectations.

Profitability

ROCE (53.4%) & ROE (40.7%) → excellent return metrics.

Debt to Equity (0.01) → virtually debt-free — a major stability advantage.

Dividend Yield (2.23%) → adds modest downside cushion.

🏦 Ownership Trends

FII Holding Change (+2.40%) → strong foreign institutional confidence.

DII Holding Change (–0.03%) → negligible domestic shift.

📈 Earnings Insights

PAT Growth: ₹121 Cr vs ₹117 Cr — slow, steady improvement.

EPS (₹5.08) → aligns with consistent profitability, but not explosive.

🎯 Trade Strategy

📥 Entry Point: Watch for price to stabilize around ₹132–₹134 zone. Entry only recommended if RSI climbs above 35 and MACD begins flattening, supported by volume revival.

📤 Exit Strategy (If Holding): Short-term exit target near ₹148–₹152. That region has recent support history. Consider stretch exit near ₹160 if RSI breaks above 60 and MACD turns positive.

🧠 Final Word

IEX stands on strong fundamentals and institutional interest but lacks technical conviction for a clean swing trade. It's more of a “watch for reversal” candidate than a “buy right now” setup. Traders with patience may find a bounce-play opportunity if indicators stabilize.

Want me to scout other energy-sector stocks showing MACD crossovers or rising RSI profiles? I've got a few charts primed to move.

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