ALKYLAMINE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | ALKYLAMINE | Market Cap | 6,927 Cr. | Current Price | 1,352 ₹ | High / Low | 2,449 ₹ |
| Stock P/E | 38.3 | Book Value | 282 ₹ | Dividend Yield | 0.74 % | ROCE | 18.7 % |
| ROE | 14.0 % | Face Value | 2.00 ₹ | DMA 50 | 1,484 ₹ | DMA 200 | 1,723 ₹ |
| Chg in FII Hold | 0.01 % | Chg in DII Hold | 0.13 % | PAT Qtr | 42.3 Cr. | PAT Prev Qtr | 42.9 Cr. |
| RSI | 40.1 | MACD | -66.6 | Volume | 96,293 | Avg Vol 1Wk | 94,652 |
| Low price | 1,212 ₹ | High price | 2,449 ₹ | PEG Ratio | -6.37 | Debt to equity | 0.00 |
| 52w Index | 11.3 % | Qtr Profit Var | -3.43 % | EPS | 35.3 ₹ | Industry PE | 25.7 |
📊 Chart & Trend: Current price (1,352 ₹) is trading below both 50 DMA (1,484 ₹) and 200 DMA (1,723 ₹), reflecting a bearish undertone. Support lies near 1,212–1,250 ₹, resistance at 1,480–1,720 ₹.
📉 Momentum Indicators: RSI at 40.1 suggests weak momentum, leaning toward oversold territory. MACD at -66.6 confirms bearish bias. Bollinger Bands show price near the lower band, signaling weakness but potential for a short-term bounce.
📈 Volume Trends: Current volume (96,293) is in line with the 1-week average (94,652), showing stable but muted participation.
🎯 Entry Zone: 1,220–1,280 ₹ (near support, tactical entry).
🎯 Exit Zone: 1,480–1,500 ₹ (near 50 DMA resistance; profit booking advisable).
🔎 Trend Status: The stock is trending downward with consolidation bias. Weak momentum persists, but oversold signals suggest potential rebound opportunities.
Positive
- ROCE (18.7%) and ROE (14.0%) reflect decent capital efficiency.
- Debt-free balance sheet (Debt-to-equity 0.00) enhances financial stability.
- Stable EPS at 35.3 ₹ provides earnings consistency.
Limitation
- P/E (38.3) is significantly above industry average (25.7), suggesting overvaluation.
- PEG ratio (-6.37) indicates poor growth valuation metrics.
- Stock trading well below 200 DMA reflects long-term weakness.
Company Negative News
- Quarterly PAT declined slightly (42.3 Cr vs 42.9 Cr), showing stagnation.
- Quarterly profit variance (-3.43%) highlights earnings pressure.
Company Positive News
- Marginal increase in FII holding (+0.01%) and DII holding (+0.13%) shows institutional stability.
- 52-week performance (11.3% index gain) reflects resilience despite weak technicals.
Industry
- Industry PE at 25.7 suggests moderate sector valuation.
- Chemicals sector benefits from rising demand in specialty chemicals and export opportunities.
Conclusion
⚖️ ALKYLAMINE is trending downward, trading below key moving averages with weak momentum indicators. Entry near 1,220–1,280 ₹ offers tactical opportunity for short-term rebound toward 1,480–1,500 ₹. Fundamentals show decent efficiency and debt-free status, but valuations remain stretched and earnings stagnation is a concern. Best suited for cautious swing trades with strict stop-loss near 1,220 ₹.
Would you like me to extend this into a chemicals sector basket overlay with peer benchmarking, so you can compare ALKYLAMINE’s weak technicals against stronger setups in peers like Balaji Amines or Deepak Nitrite?