ACC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | ACC | Market Cap | 26,816 Cr. | Current Price | 1,428 ₹ | High / Low | 2,029 ₹ |
| Stock P/E | 12.6 | Book Value | 1,087 ₹ | Dividend Yield | 0.53 % | ROCE | 11.4 % |
| ROE | 11.0 % | Face Value | 10.0 ₹ | DMA 50 | 1,423 ₹ | DMA 200 | 1,636 ₹ |
| Chg in FII Hold | -0.06 % | Chg in DII Hold | 0.25 % | PAT Qtr | 250 Cr. | PAT Prev Qtr | 404 Cr. |
| RSI | 58.6 | MACD | -5.84 | Volume | 2,16,153 | Avg Vol 1Wk | 1,77,040 |
| Low price | 1,250 ₹ | High price | 2,029 ₹ | PEG Ratio | 0.39 | Debt to equity | 0.02 |
| 52w Index | 22.8 % | Qtr Profit Var | -60.2 % | EPS | 122 ₹ | Industry PE | 29.0 |
📈 Chart Patterns: ACC is consolidating near its 50 DMA (1,423 ₹) but trading below the 200 DMA (1,636 ₹), showing medium-term weakness despite short-term support.
📊 Moving Averages: Current price (1,428 ₹) is slightly above 50 DMA but below 200 DMA, reflecting mixed signals.
📉 RSI: At 58.6, RSI indicates neutral-to-positive momentum, not yet overbought.
📈 MACD: Negative at -5.84, suggesting bearish crossover and weakening momentum.
📊 Bollinger Bands: Price is mid-band, signaling consolidation with limited volatility expansion.
📉 Volume Trends: Current volume (2,16,153) is above average weekly volume (1,77,040), showing stronger participation in recent moves.
🎯 Entry Zone: 1,400 ₹ – 1,425 ₹ (near 50 DMA support)
🚪 Exit Zone: 1,500 ₹ – 1,540 ₹ (resistance before 1,636 ₹ DMA)
📌 Trend Status: Consolidating with mild bearish bias
Positive
- Low P/E (12.6) compared to industry PE (29.0), indicating undervaluation
- Strong book value (1,087 ₹) supports balance sheet strength
- Dividend yield at 0.53% provides income stability
- Volume participation above average
Limitation
- MACD negative crossover signals weakening momentum
- Quarterly profit dropped sharply (-60.2%)
- ROE (11%) and ROCE (11.4%) relatively weak
- Price trading below 200 DMA indicates medium-term weakness
Company Negative News
- PAT fell to 250 Cr from 404 Cr previous quarter
- FII holdings declined (-0.06%)
Company Positive News
- DII holdings increased (+0.25%)
- EPS at 122 ₹ supports earnings base
- Debt-to-equity ratio at 0.02 shows strong financial stability
Industry
- Industry PE at 29.0 highlights sector trading at higher valuations compared to ACC
- Cement sector showing cyclical demand recovery
Conclusion
⚖️ ACC is consolidating with mixed signals: RSI neutral, MACD bearish, and price below 200 DMA. Entry near 1,400–1,425 ₹ offers limited upside, while resistance at 1,500–1,540 ₹ may cap short-term gains. Long-term investors may find value in low P/E and strong balance sheet, but weak profitability and momentum warrant caution.
Would you like me to extend this into a swing trade strategy with holding period guidance, or a peer benchmarking overlay comparing ACC’s valuation and momentum against other cement sector leaders?