AKUMS - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.6

Technical Analysis Report

• Trend Status: Reversing upward
• Moving Averages: Price (₹467) is slightly below 50 DMA (₹470) and well below 200 DMA (₹535), indicating long-term weakness with short-term recovery
• RSI (49.1): Neutral zone, no strong momentum signal
• MACD (0.40): Mild bullish crossover, suggesting early reversal signs
• Bollinger Bands: Price near mid-band, indicating consolidation with potential for breakout
• Volume: Below average (55K vs 85K), showing low market participation
• Support Zones: ₹455, ₹440
• Resistance Zones: ₹480, ₹500
• Entry Zone: ₹455–₹465 (near support)
• Exit Zone: ₹480–₹500 (near resistance)

Positive

• MACD crossover indicates potential bullish reversal
• Strong ROCE (16.2%) and ROE (13.2%) reflect solid operational efficiency
• Debt-to-equity ratio of 0.02 shows excellent financial discipline
• DII holding increased by 0.43%, indicating domestic institutional confidence

Limitation

• Price below both key moving averages limits bullish confirmation
• RSI near 50 shows lack of strong directional bias
• Volume significantly below average, indicating weak conviction

Company Negative News

• FII holding dropped by 1.97%, reflecting reduced foreign investor interest

Company Positive News

• Quarterly PAT improved from ₹27.6 Cr to ₹44.9 Cr (+7.14%)
• EPS of ₹10.4 supports earnings visibility
• Stock has gained 13.8% from its 52-week low

Industry

• Pharmaceutical manufacturing sector remains stable with long-term demand and export opportunities
• Industry P/E of 33.1 suggests AKUMS trades at a premium valuation

Conclusion

• AKUMS is in a reversal phase with early bullish signals
• Entry near ₹455–₹465 offers a tactical setup
• Exit near ₹480–₹500 is ideal for short-term gains
• Investors should monitor MACD and volume for confirmation of trend continuation