AFFLE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.0
| Stock Code | AFFLE | Market Cap | 18,955 Cr. | Current Price | 1,347 ₹ | High / Low | 2,187 ₹ |
| Stock P/E | 149 | Book Value | 139 ₹ | Dividend Yield | 0.00 % | ROCE | 8.64 % |
| ROE | 6.39 % | Face Value | 2.00 ₹ | DMA 50 | 1,512 ₹ | DMA 200 | 1,679 ₹ |
| Chg in FII Hold | -1.23 % | Chg in DII Hold | 1.68 % | PAT Qtr | 36.7 Cr. | PAT Prev Qtr | 30.0 Cr. |
| RSI | 39.2 | MACD | -63.8 | Volume | 3,80,452 | Avg Vol 1Wk | 3,35,758 |
| Low price | 1,221 ₹ | High price | 2,187 ₹ | PEG Ratio | 5.54 | Debt to equity | 0.00 |
| 52w Index | 13.1 % | Qtr Profit Var | 25.4 % | EPS | 9.05 ₹ | Industry PE | 23.1 |
📊 Chart & Trend: Current price (1,347 ₹) is trading below both 50 DMA (1,512 ₹) and 200 DMA (1,679 ₹), reflecting a bearish undertone. Support lies near 1,221 ₹, resistance at 1,512–1,679 ₹.
📉 Momentum Indicators: RSI at 39.2 suggests oversold conditions. MACD at -63.8 confirms bearish momentum. Bollinger Bands show price near the lower band, indicating weakness but potential for a short-term bounce.
📈 Volume Trends: Current volume (3.80 lakh) is slightly above the 1-week average (3.35 lakh), showing moderate participation but not strong conviction.
🎯 Entry Zone: 1,230–1,350 ₹ (near support, oversold RSI may trigger rebound).
🎯 Exit Zone: 1,500–1,550 ₹ (near 50 DMA resistance; profit booking zone).
🔎 Trend Status: The stock is consolidating with bearish bias. Oversold RSI suggests a possible short-term rebound, but long-term weakness persists below moving averages.
Positive
- Debt-free balance sheet (Debt-to-equity 0.00) enhances financial stability.
- Quarterly PAT growth (36.7 Cr vs 30.0 Cr) shows improving profitability.
- DII holding increased (+1.68%), reflecting domestic institutional confidence.
Limitation
- High P/E (149) compared to industry average (23.1) suggests steep overvaluation.
- Low ROCE (8.64%) and ROE (6.39%) highlight weak capital efficiency.
- Dividend yield at 0% reduces attractiveness for income investors.
Company Negative News
- Decline in FII holding (-1.23%) signals reduced foreign investor confidence.
- Stock trading well below 200 DMA reflects long-term weakness.
Company Positive News
- Quarterly profit variance (25.4%) highlights strong operational performance.
- EPS at 9.05 ₹ reflects steady earnings base.
Industry
- Industry PE at 23.1 suggests moderate sector valuation.
- Digital advertising and technology sector benefits from rising demand for mobile and online engagement.
Conclusion
⚖️ AFFLE is consolidating with bearish bias, trading below key moving averages. Oversold RSI and support near 1,221 ₹ provide tactical entry opportunities for short-term rebound toward 1,500–1,550 ₹. Fundamentally, profitability is improving, but valuations remain stretched with weak efficiency metrics. Best suited for cautious swing trades with strict stop-loss near 1,221 ₹.
Would you like me to extend this into a peer benchmarking overlay for digital advertising and tech stocks, so you can compare AFFLE’s stretched valuation against sector peers for rotation opportunities?