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AKUMS - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

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Technical Rating: 3.0

📊 Technical Overview of Akums Drugs & Pharmaceuticals Ltd. (AKUMS)

📉 Trend Analysis

Current Price: ₹545

50 DMA: ₹551

200 DMA: ₹596

Trend Status: The stock is in a reversal phase, trading slightly below both moving averages. This suggests short-term weakness, though long-term fundamentals remain supportive.

📉 Momentum Indicators

RSI (46.4): Neutral to mildly bearish. Indicates lack of strong momentum, but not oversold.

MACD (-6.93): Negative, confirming short-term bearish pressure.

Volume: 1.11L vs 1-week avg of 1.26L — slightly below average, suggesting reduced participation during the pullback.

📊 Bollinger Bands

Price likely near the middle to lower band, consistent with MACD weakness and RSI neutrality.

Bands may be narrowing, indicating consolidation with potential for breakout or breakdown.

📈 Moving Averages Summary

Indicator Value (₹) Signal

50 DMA 551 Resistance

200 DMA 596 Strong Resistance

Current Price 545 Below both DMAs

🔍 Support & Resistance Levels

Type Price Range (₹) Notes

Support 1 525–535 Near-term support zone

Support 2 405–415 52-week low zone

Resistance 1 551–560 50 DMA zone

Resistance 2 595–600 200 DMA zone

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹525–₹535 (if RSI improves and MACD flattens)

Exit Zone (Short-Term): ₹551–₹560 (initial resistance), ₹595+ (if reversal confirms)

Stop Loss: ₹505 (below recent support)

📌 Summary

Trend: Reversing downward

Momentum: Weak but stabilizing

Volume: Slightly below average

Setup: Watch for reversal signals; fundamentals support long-term recovery, but technicals suggest caution

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