AMBER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | AMBER | Market Cap | 26,522 Cr. | Current Price | 7,530 ₹ | High / Low | 8,974 ₹ |
| Stock P/E | 177 | Book Value | 870 ₹ | Dividend Yield | 0.00 % | ROCE | 10.2 % |
| ROE | 6.06 % | Face Value | 10.0 ₹ | DMA 50 | 7,576 ₹ | DMA 200 | 7,196 ₹ |
| Chg in FII Hold | -3.02 % | Chg in DII Hold | 4.06 % | PAT Qtr | 84.3 Cr. | PAT Prev Qtr | 46.4 Cr. |
| RSI | 46.9 | MACD | -88.5 | Volume | 4,10,984 | Avg Vol 1Wk | 6,56,388 |
| Low price | 5,400 ₹ | High price | 8,974 ₹ | PEG Ratio | 4.02 | Debt to equity | 0.63 |
| 52w Index | 59.6 % | Qtr Profit Var | 5.91 % | EPS | 41.4 ₹ | Industry PE | 47.0 |
📊 Chart Patterns: AMBER is trading in a corrective phase with support near ₹7,200 (200 DMA) and resistance around ₹7,600 (50 DMA). Trendlines suggest sideways consolidation after recent weakness.
📈 Moving Averages: Current price (₹7,530) is below 50 DMA (₹7,576) but above 200 DMA (₹7,196), showing mixed signals with short-term weakness and medium-term support.
📊 RSI: At 46.9, RSI indicates neutral-to-bearish momentum, leaning toward oversold territory.
📉 MACD: Negative at -88.5, confirming bearish crossover and short-term weakness.
📊 Bollinger Bands: Price is near lower band, suggesting oversold conditions but no strong reversal yet.
📊 Volume Trends: Current volume (4,10,984) is below 1-week average (6,56,388), showing reduced participation and weak momentum.
🚀 Momentum Signals: Bearish bias with limited upside unless price sustains above ₹7,600.
🎯 Entry Zone: ₹7,200–₹7,300 (near 200 DMA support).
🎯 Exit Zone: ₹7,600–₹7,700 (resistance zone and upper Bollinger band).
📌 Trend Status: Consolidating with bearish tilt.
Positive
- Quarterly PAT improved from ₹46.4 Cr. to ₹84.3 Cr. (+81.6%).
- DII holdings increased (+4.06%), showing domestic institutional confidence.
- EPS at ₹41.4 supports earnings visibility.
Limitation
- High P/E (177) compared to industry PE (47.0), suggesting overvaluation.
- Weak ROCE (10.2%) and ROE (6.06%) highlight poor efficiency.
- MACD negative crossover indicates short-term weakness.
- Volume below average, limiting breakout potential.
Company Negative News
- FII holdings decreased (-3.02%), showing reduced foreign investor confidence.
Company Positive News
- Quarterly profit variation (+5.91%) highlights earnings improvement.
- Strong domestic support from DII inflows.
Industry
- Industry PE at 47.0 is much lower than AMBER’s PE (177), highlighting premium valuation risk.
- Consumer durables sector remains resilient but faces margin pressures.
Conclusion
AMBER is consolidating with bearish signals, trading below short-term averages but supported by 200 DMA. Entry near ₹7,200–₹7,300 offers limited rebound potential toward ₹7,600–₹7,700. Trend remains sideways with valuation concerns, requiring cautious accumulation until momentum indicators turn positive.
This can be extended into a consumer durables technical template with benchmarking overlays, so you can compare AMBER against peers like VOLTAS and BLUESTAR for relative strength.