AMBER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | AMBER | Market Cap | 24,028 Cr. | Current Price | 6,829 ₹ | High / Low | 8,626 ₹ |
| Stock P/E | 165 | Book Value | 830 ₹ | Dividend Yield | 0.00 % | ROCE | 11.6 % |
| ROE | 7.63 % | Face Value | 10.0 ₹ | DMA 50 | 7,096 ₹ | DMA 200 | 6,992 ₹ |
| Chg in FII Hold | -3.63 % | Chg in DII Hold | 3.66 % | PAT Qtr | 46.4 Cr. | PAT Prev Qtr | -48.7 Cr. |
| RSI | 43.0 | MACD | -89.4 | Volume | 3,19,222 | Avg Vol 1Wk | 5,30,329 |
| Low price | 5,400 ₹ | High price | 8,626 ₹ | PEG Ratio | 3.98 | Debt to equity | 0.69 |
| 52w Index | 44.3 % | Qtr Profit Var | 104 % | EPS | 41.8 ₹ | Industry PE | 43.3 |
📊 Chart & Trend: Current price (6,829 ₹) is trading below both 50 DMA (7,096 ₹) and 200 DMA (6,992 ₹), reflecting a mild bearish undertone. Support lies near 6,800 ₹, resistance at 7,100–7,200 ₹ and 8,626 ₹ (recent high).
📉 Momentum Indicators: RSI at 43.0 suggests neutral-to-weak momentum. MACD at -89.4 confirms bearish bias. Bollinger Bands show price leaning toward the lower band, signaling weakness but potential for a short-term rebound.
📈 Volume Trends: Current volume (3.19 lakh) is below the 1-week average (5.30 lakh), showing weak participation and lack of strong conviction.
🎯 Entry Zone: 6,700–6,850 ₹ (near support, tactical entry).
🎯 Exit Zone: 7,100–7,200 ₹ (near 50 DMA resistance; profit booking advisable).
🔎 Trend Status: The stock is consolidating with bearish bias. Weak momentum persists, but recent profit recovery suggests potential rebound opportunities.
Positive
- ROCE (11.6%) and ROE (7.63%) reflect moderate capital efficiency.
- EPS at 41.8 ₹ provides a steady earnings base.
- DII holding increased (+3.66%), showing strong domestic institutional support.
Limitation
- High P/E (165) compared to industry average (43.3) suggests steep overvaluation.
- Debt-to-equity ratio at 0.69 indicates moderate leverage risk.
- Stock trading below both 50 DMA and 200 DMA reflects technical weakness.
Company Negative News
- FII holding decreased (-3.63%), showing reduced foreign investor confidence.
- Quarterly PAT declined (46.4 Cr vs -48.7 Cr prior), though recovery noted.
Company Positive News
- Quarterly profit variance (+104%) highlights strong operational turnaround.
- 52-week performance (44.3% index gain) reflects resilience despite volatility.
Industry
- Industry PE at 43.3 suggests moderate sector valuation.
- Consumer durables and electronics sector benefits from rising demand and premium product adoption.
Conclusion
⚖️ AMBER is consolidating with bearish bias, trading below key moving averages. Entry near 6,700–6,850 ₹ offers tactical opportunity, with exit targets around 7,100–7,200 ₹. Fundamentals show operational recovery and strong DII support, but valuations remain stretched and leverage risk persists. Best suited for cautious swing trades with strict stop-loss near 6,700 ₹.
Would you like me to extend this into a consumer durables sector basket overlay with peer benchmarking, so you can compare AMBER’s stretched valuation against peers like Voltas, Blue Star, and Dixon Technologies?