⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
ACE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | ACE | Market Cap | 10,535 Cr. | Current Price | 885 ₹ | High / Low | 1,390 ₹ |
| Stock P/E | 24.7 | Book Value | 149 ₹ | Dividend Yield | 0.23 % | ROCE | 40.1 % |
| ROE | 28.5 % | Face Value | 2.00 ₹ | DMA 50 | 917 ₹ | DMA 200 | 1,055 ₹ |
| Chg in FII Hold | 0.04 % | Chg in DII Hold | -0.07 % | PAT Qtr | 104 Cr. | PAT Prev Qtr | 96.8 Cr. |
| RSI | 52.0 | MACD | -27.6 | Volume | 8,59,937 | Avg Vol 1Wk | 3,74,445 |
| Low price | 775 ₹ | High price | 1,390 ₹ | PEG Ratio | 0.44 | Debt to equity | 0.08 |
| 52w Index | 17.8 % | Qtr Profit Var | 10.1 % | EPS | 35.8 ₹ | Industry PE | 32.3 |
📈 Technical Chart Analysis
- Moving Averages: Current price (885 ₹) is below both 50 DMA (917 ₹) and 200 DMA (1,055 ₹), showing short-term weakness.
- RSI: At 52.0, the stock is neutral — neither overbought nor oversold.
- MACD: Negative (-27.6), indicating bearish crossover and weak momentum.
- Bollinger Bands: Price is near the mid-lower band, suggesting consolidation with potential rebound.
- Volume Trends: Current volume (8,59,937) is much higher than 1-week average (3,74,445), showing strong participation and possible accumulation.
📊 Momentum & Trend Signals
- Short-term Momentum: Mixed — bearish MACD but strong volume support.
- Support Zone: 775 ₹ (recent low, strong base).
- Resistance Zone: 917–1,055 ₹ (near 50 DMA and 200 DMA).
- Optimal Entry: Around 800–850 ₹ if support holds.
- Optimal Exit: 1,000–1,050 ₹ if price rebounds to moving averages.
- Trend Status: Currently consolidating with potential reversal if volume sustains above support.
✅ Positive
- Strong ROCE (40.1%) and ROE (28.5%) indicate efficient capital use.
- Low debt-to-equity (0.08) ensures financial stability.
- Quarterly PAT growth (10.1%) shows consistent earnings improvement.
- PEG ratio of 0.44 suggests undervaluation relative to growth.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA, showing weak technical strength.
- Dividend yield is very low (0.23%), limiting passive income appeal.
- P/E of 24.7 is slightly below industry average (32.3), but valuation premium may reduce upside.
📉 Company Negative News
- Decline in DII holding (-0.07%) indicates reduced domestic institutional confidence.
- Stock corrected sharply from 1,390 ₹ high, showing vulnerability to profit booking.
📈 Company Positive News
- FII holding increased (+0.04%), reflecting foreign investor interest.
- Quarterly PAT improved from 96.8 Cr. to 104 Cr., showing earnings momentum.
🏭 Industry
- Construction equipment sector is cyclical but currently supported by infrastructure spending.
- Industry P/E at 32.3 suggests sector is moderately valued; ACE trades at a discount, offering potential upside.
🔎 Conclusion
- ACE shows strong fundamentals with high ROCE/ROE and low debt.
- Technically, the stock is consolidating near support with strong volume, indicating possible reversal.
- Entry near 800–850 ₹ is favorable, with exit near 1,000–1,050 ₹.
- Short-term outlook: cautious accumulation; long-term outlook remains positive given growth potential and undervaluation.