AMBER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | AMBER | Market Cap | 28,238 Cr. | Current Price | 8,024 ₹ | High / Low | 8,626 ₹ |
| Stock P/E | 194 | Book Value | 830 ₹ | Dividend Yield | 0.00 % | ROCE | 11.6 % |
| ROE | 7.63 % | Face Value | 10.0 ₹ | DMA 50 | 7,296 ₹ | DMA 200 | 7,055 ₹ |
| Chg in FII Hold | -3.02 % | Chg in DII Hold | 4.06 % | PAT Qtr | 46.4 Cr. | PAT Prev Qtr | -48.7 Cr. |
| RSI | 63.4 | MACD | 304 | Volume | 1,66,923 | Avg Vol 1Wk | 3,15,588 |
| Low price | 5,400 ₹ | High price | 8,626 ₹ | PEG Ratio | 4.68 | Debt to equity | 0.69 |
| 52w Index | 81.3 % | Qtr Profit Var | 104 % | EPS | 41.8 ₹ | Industry PE | 46.7 |
📈 Chart Patterns & Moving Averages
AMBER is trading at ₹8,024, above both its 50 DMA (₹7,296) and 200 DMA (₹7,055). This indicates strong short-term momentum but valuations remain stretched. Support lies near ₹7,800–7,900, while resistance is seen at ₹8,400–8,600.
📊 RSI & MACD
RSI at 63.4 reflects bullish momentum, close to overbought territory. MACD at 304 is strongly positive, confirming robust bullish crossover strength.
📉 Bollinger Bands
Price is near the upper band, showing bullish bias with potential volatility. Sustained movement above ₹8,400 could trigger a breakout, while a dip below ₹7,800 may invite selling pressure.
🔎 Volume Trends
Current volume (1,66,923) is below the 1-week average (3,15,588), indicating weaker participation. Stronger volume is required to confirm breakout strength.
⚡ Momentum Signals
Short-term momentum is bullish with RSI and MACD aligned positively. Entry zone: ₹7,800–7,900. Exit zone: ₹8,400–8,600 if resistance breaks, with stop-loss below ₹7,700.
📌 Trend Status
The stock is trending upward in the short term but faces valuation risks and institutional outflows.
✅ Positive
- Quarterly PAT turnaround (₹46.4 Cr vs ₹-48.7 Cr) shows strong recovery.
- DII holdings increased (+4.06%), reflecting domestic institutional confidence.
- EPS at ₹41.8 supports earnings visibility.
- Strong MACD momentum confirms bullish technical signals.
⚠️ Limitation
- Extremely high P/E (194) compared to industry average (46.7), indicating steep overvaluation.
- ROCE (11.6%) and ROE (7.63%) are weak, reflecting poor capital efficiency.
- Debt-to-equity ratio at 0.69 shows moderate leverage risk.
- Volume participation below average limits breakout potential.
❌ Company Negative News
- FII holdings decreased (-3.02%), showing reduced foreign investor confidence.
🌟 Company Positive News
- Quarterly profit variation at 104% highlights earnings momentum.
- Strong domestic institutional support with DII inflows.
🏭 Industry
- Industry P/E at 46.7 indicates sector is moderately valued.
- AMBER trades at a steep premium, raising sustainability concerns.
📌 Conclusion
AMBER is trending upward with strong short-term momentum and earnings recovery, but valuations remain extremely stretched. Entry near ₹7,800–7,900 offers limited risk, while profit booking is advised around ₹8,400–8,600 unless breakout occurs above ₹8,600 with strong volume. Suitable for short-term trades, but long-term investors should be cautious given weak ROE/ROCE and high leverage.
This version is tuned for short-term trading signals with valuation overlays. Would you like me to also prepare a multi-horizon view (intraday, swing, and investment) for AMBER so you can benchmark across timeframes?