TECHNOE - Swing Trade Analysis with AI Signals

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

Swing Trade Rating: 3.6

📉 TECHNOCOM Swing Trade Analysis

TECHNOE shows mixed signals for swing trading. While its fundamentals are solid, technical indicators suggest caution in the short term.

⚙️ Technical & Fundamental Breakdown

Momentum Indicators

RSI: 41.2 — weak momentum, nearing oversold territory.

MACD: -10.5 — bearish crossover, indicating downward pressure.

Volume Drop — current volume is 30% below 1-week average, showing reduced interest.

Price Action

Current Price: ₹1,431 is below 50 DMA (₹1,471) but above 200 DMA (₹1,362), suggesting a potential bounce from long-term support.

52W High: ₹1,825 — significant upside potential if momentum returns.

Fundamentals

Zero Debt — strong financial health.

ROCE: 16.6% / ROE: 12.9% — decent efficiency.

EPS: ₹38.8 — supports valuation.

PEG Ratio: 2.84 — indicates overvaluation relative to growth.

P/E: 39 vs Industry PE: 20.6 — expensive compared to peers.

PAT Decline: ₹133 Cr. → ₹98.2 Cr. — 26% drop, weak earnings momentum.

Institutional Sentiment

FII/DII Holding Down — negative sentiment from large investors.

🎯 Trade Strategy

Optimal Entry Price: ₹1,390–₹1,410

Enter near 200 DMA for a low-risk setup with potential upside.

Exit Plan (If Holding)

Target Exit: ₹1,520–₹1,550

Conservative target below 50 DMA and resistance zone.

Stop Loss: ₹1,360

Just below 200 DMA to limit downside risk.

TECHNOE is a cautious swing candidate. Best suited for traders who can monitor closely and act quickly on momentum shifts. Want help tracking this setup or exploring alternatives?

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