AFFLE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | AFFLE | Market Cap | 20,812 Cr. | Current Price | 1,477 ₹ | High / Low | 2,187 ₹ |
| Stock P/E | 155 | Book Value | 146 ₹ | Dividend Yield | 0.00 % | ROCE | 9.17 % |
| ROE | 6.81 % | Face Value | 2.00 ₹ | DMA 50 | 1,465 ₹ | DMA 200 | 1,593 ₹ |
| Chg in FII Hold | -1.13 % | Chg in DII Hold | 1.54 % | PAT Qtr | 37.5 Cr. | PAT Prev Qtr | 36.7 Cr. |
| RSI | 52.2 | MACD | 6.50 | Volume | 2,04,440 | Avg Vol 1Wk | 2,62,638 |
| Low price | 1,251 ₹ | High price | 2,187 ₹ | PEG Ratio | 5.97 | Debt to equity | 0.00 |
| 52w Index | 24.2 % | Qtr Profit Var | 21.7 % | EPS | 9.51 ₹ | Industry PE | 26.3 |
📊 Chart Patterns: The stock is consolidating between ₹1,450–₹1,600, with resistance near 200 DMA (₹1,593) and support around 50 DMA (₹1,465).
📈 Moving Averages: Current price (₹1,477) is above 50 DMA (₹1,465) but below 200 DMA (₹1,593), showing short-term support but medium-term resistance.
📊 RSI: At 52.2, RSI indicates neutral momentum, neither overbought nor oversold.
📉 MACD: Positive at 6.50, suggesting mild bullish crossover but limited strength.
📊 Bollinger Bands: Price is near mid-band, with potential expansion toward upper band (~₹1,550–₹1,580).
📊 Volume Trends: Current volume (2,04,440) is below 1-week average (2,62,638), showing reduced participation and lack of strong momentum.
🚀 Momentum Signals: Mild bullish bias, but upside capped by resistance at ₹1,590–₹1,600.
🎯 Entry Zone: ₹1,450–₹1,480 (near 50 DMA support).
🎯 Exit Zone: ₹1,580–₹1,600 (resistance zone and 200 DMA).
📌 Trend Status: Consolidating with mild upward bias.
Positive
- Debt-free balance sheet (Debt-to-equity: 0.00).
- DII holdings increased (+1.54%), showing domestic institutional confidence.
- Quarterly PAT growth from ₹36.7 Cr. to ₹37.5 Cr. (+2.2%).
Limitation
- Extremely high P/E (155) compared to industry PE (26.3), suggesting overvaluation.
- Weak ROCE (9.17%) and ROE (6.81%) reflect poor capital efficiency.
- PEG ratio of 5.97 indicates expensive valuation relative to growth.
- Volume below average, limiting breakout potential.
Company Negative News
- FII holdings decreased (-1.13%), showing reduced foreign investor confidence.
Company Positive News
- Quarterly profit variation surged 21.7%, reflecting operational improvement.
- EPS at ₹9.51 supports earnings base.
Industry
- Industry PE at 26.3 is reasonable, but AFFLE trades at a significant premium (155), making it vulnerable to valuation corrections.
- Sector outlook remains stable, but company-specific fundamentals are stretched.
Conclusion
AFFLE is consolidating with mild bullish bias. Entry is favorable near ₹1,450–₹1,480 with exit targets around ₹1,580–₹1,600. While short-term signals are positive, stretched valuations and weak efficiency metrics suggest cautious accumulation only. Trend remains sideways with breakout potential only if earnings growth sustains and price clears 200 DMA resistance.
This can be extended into a swing trade HTML template with benchmarking overlays, so you can compare AFFLE against peers in the digital advertising and tech sector.