MMTC - Swing Trade Analysis with AI Signals

Last Updated Time : 19 Sept 25, 2:15 pm

Swing Trade Rating: 2.8

📉 Swing Trade Analysis: MMTC

MMTC presents a mixed picture for swing trading, leaning toward caution. Here's a breakdown of the key factors

⚙️ Technical Indicators

Current Price (₹66.3) is hovering near both 50 DMA (₹65.2) and 200 DMA (₹66.8) — suggesting indecision.

MACD (0.32) is barely positive, indicating weak momentum.

RSI (57.9) is neutral — neither oversold nor overbought.

Volume is significantly below 1-week average, pointing to reduced trader interest.

📊 Fundamental Concerns

Extremely High P/E (209) vs Industry P/E (37.4): Indicates severe overvaluation.

PEG Ratio (7.20): Suggests poor growth relative to valuation.

EPS (₹0.50) and Book Value (₹9.71): Weak earnings and asset base.

ROCE (8.33%) and ROE (5.69%): Low efficiency and returns.

Qtr Profit Decline (-43.7%): Earnings contraction is a red flag.

Zero Dividend Yield: No passive income for holding.

✅ Positives

Debt-Free (D/E: 0.00): Financially stable.

PAT Qtr Jump (₹36.7 Cr. vs ₹0.27 Cr.): One-off spike, but sustainability is questionable.

52w Index (44.5%): Decent recovery from lows.

🎯 Optimal Entry Price

Only consider entry near ₹60–₹62, if price dips to support and volume picks up.

Avoid chasing current levels due to weak momentum and valuation concerns.

🚪 Exit Strategy (If Already Holding)

Exit near ₹70–₹72, if price shows resistance or fails to break higher.

Stop Loss: ₹63, just below 50 DMA.

Time Horizon: 1–2 weeks, unless volume and momentum improve.

This setup is more suitable for short-term opportunistic trades than confident swing positions. Want help identifying stronger swing candidates?

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