ALKYLAMINE - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.4

Technical Analysis Report

• Trend Status: Reversing downward
• Moving Averages: Price (₹1,878) is below both 50 DMA (₹1,965) and 200 DMA (₹1,988), indicating bearish alignment
• RSI (39.1): Weak momentum, approaching oversold zone
• MACD (-27.0): Bearish crossover, confirming downward pressure
• Bollinger Bands: Price near lower band, suggesting potential short-term bounce
• Volume: Above average (30K vs 21K), showing increased interest during decline
• Support Zones: ₹1,850, ₹1,800
• Resistance Zones: ₹1,965, ₹2,000
• Entry Zone: ₹1,850–₹1,880 (near support)
• Exit Zone: ₹1,965–₹2,000 (near resistance)

Positive

• Strong ROCE (18.7%) and ROE (14.0%) reflect solid operational efficiency
• Zero debt-to-equity ratio indicates excellent financial discipline
• EPS of ₹36.5 supports earnings visibility
• FII and DII holdings increased, showing institutional confidence

Limitation

• Price below both key moving averages confirms bearish trend
• MACD and RSI indicate weak momentum and downside pressure
• Negative PEG ratio (-8.55) suggests valuation concerns

Company Negative News

• Stock has only recovered 39.3% from its 52-week low

Company Positive News

• Quarterly PAT improved slightly from ₹46.0 Cr to ₹49.4 Cr (+1.17%)
• Dividend yield of 0.54% adds modest shareholder value

Industry

• Specialty chemicals sector remains cyclical but benefits from global supply chain diversification
• Industry P/E of 33.1 suggests ALKYLAMINE trades at a premium valuation

Conclusion

• ALKYLAMINE is in a bearish reversal phase with oversold signals emerging
• Entry near ₹1,850–₹1,880 could offer a tactical bounce opportunity
• Exit near ₹1,965–₹2,000 is ideal for short-term gains
• Investors should monitor RSI and MACD for confirmation of trend reversal