ALKYLAMINE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | ALKYLAMINE | Market Cap | 8,679 Cr. | Current Price | 1,694 ₹ | High / Low | 2,449 ₹ |
| Stock P/E | 48.2 | Book Value | 300 ₹ | Dividend Yield | 0.59 % | ROCE | 16.6 % |
| ROE | 12.3 % | Face Value | 2.00 ₹ | DMA 50 | 1,577 ₹ | DMA 200 | 1,656 ₹ |
| Chg in FII Hold | 0.00 % | Chg in DII Hold | 0.00 % | PAT Qtr | 45.4 Cr. | PAT Prev Qtr | 42.3 Cr. |
| RSI | 55.3 | MACD | 64.7 | Volume | 69,276 | Avg Vol 1Wk | 81,708 |
| Low price | 1,212 ₹ | High price | 2,449 ₹ | PEG Ratio | -5.98 | Debt to equity | 0.00 |
| 52w Index | 38.9 % | Qtr Profit Var | -1.41 % | EPS | 35.2 ₹ | Industry PE | 29.6 |
📊 Chart Patterns: ALKYLAMINE is forming higher lows with resistance near ₹1,750–₹1,800 and support around ₹1,650 (200 DMA). Trendlines suggest a bullish continuation pattern.
📈 Moving Averages: Current price (₹1,694) is above 50 DMA (₹1,577) and slightly above 200 DMA (₹1,656), confirming bullish alignment.
📊 RSI: At 55.3, RSI indicates neutral-to-positive momentum, not yet overbought.
📉 MACD: Strongly positive at 64.7, confirming bullish crossover and short-term upward momentum.
📊 Bollinger Bands: Price is mid-to-upper band, suggesting potential expansion toward ₹1,750–₹1,800.
📊 Volume Trends: Current volume (69,276) is below 1-week average (81,708), showing reduced participation despite bullish signals.
🚀 Momentum Signals: Bullish bias with potential breakout if price sustains above ₹1,750.
🎯 Entry Zone: ₹1,670–₹1,700 (near DMA support).
🎯 Exit Zone: ₹1,750–₹1,800 (resistance zone and upper Bollinger band).
📌 Trend Status: Trending upward with consolidation near resistance.
Positive
- Strong ROCE (16.6%) and ROE (12.3%) highlight efficient capital use.
- Debt-free balance sheet ensures financial stability.
- EPS at ₹35.2 supports earnings visibility.
- Price trading above both 50 DMA and 200 DMA confirms bullish structure.
Limitation
- High P/E (48.2) compared to industry PE (29.6) suggests overvaluation.
- PEG ratio (-5.98) reflects weak growth valuation metrics.
- Quarterly profit variation (-1.41%) shows inconsistency in earnings momentum.
- Volume below average, limiting breakout strength.
Company Negative News
- Quarterly PAT growth slowed (₹45.4 Cr. vs ₹42.3 Cr.), showing limited earnings momentum.
Company Positive News
- Stable fundamentals with zero debt and decent ROCE.
- Technical indicators (RSI, MACD) show strong upward bias.
Industry
- Industry PE at 29.6 reflects moderate sector valuation.
- Chemicals sector benefiting from global demand and specialty chemical expansion.
- ALKYLAMINE trading at a premium compared to peers, reflecting growth expectations but also valuation risks.
Conclusion
ALKYLAMINE shows strong short-term bullish momentum supported by RSI, MACD, and price action above both 50 DMA and 200 DMA. Entry near ₹1,670–₹1,700 offers favorable risk-reward, with exit targets around ₹1,750–₹1,800. The stock is trending upward with strong fundamentals but faces valuation concerns and reduced trading volumes. Cautious optimism is advised.
This can be standardized into a chemical sector technical template with benchmarking overlays, so you can compare ALKYLAMINE against peers like AARTIIND and DEEPAKNTR.