APOLLOHOSP - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.4
| Stock Code | APOLLOHOSP | Market Cap | 1,18,988 Cr. | Current Price | 8,276 ₹ | High / Low | 8,490 ₹ |
| Stock P/E | 79.3 | Book Value | 693 ₹ | Dividend Yield | 0.23 % | ROCE | 17.6 % |
| ROE | 16.1 % | Face Value | 5.00 ₹ | DMA 50 | 7,829 ₹ | DMA 200 | 7,488 ₹ |
| Chg in FII Hold | -0.92 % | Chg in DII Hold | 1.26 % | PAT Qtr | 382 Cr. | PAT Prev Qtr | 392 Cr. |
| RSI | 64.2 | MACD | 168 | Volume | 3,13,509 | Avg Vol 1Wk | 6,27,462 |
| Low price | 6,680 ₹ | High price | 8,490 ₹ | PEG Ratio | 6.68 | Debt to equity | 0.32 |
| 52w Index | 88.2 % | Qtr Profit Var | 14.7 % | EPS | 104 ₹ | Industry PE | 47.0 |
📊 Chart Patterns: APOLLOHOSP is forming higher highs with resistance near ₹8,400–₹8,490 and support around ₹7,800 (50 DMA). Trendlines confirm bullish continuation after recent consolidation.
📈 Moving Averages: Current price (₹8,276) is above both 50 DMA (₹7,829) and 200 DMA (₹7,488), confirming strong bullish alignment.
📊 RSI: At 64.2, RSI indicates strong momentum, approaching overbought territory.
📉 MACD: Strongly positive at 168, confirming bullish crossover and short-term upward bias.
📊 Bollinger Bands: Price is near upper band, suggesting strong momentum with potential volatility.
📊 Volume Trends: Current volume (3,13,509) is below 1-week average (6,27,462), showing reduced participation despite bullish signals.
🚀 Momentum Signals: Bullish bias with potential breakout if price sustains above ₹8,400.
🎯 Entry Zone: ₹8,000–₹8,100 (near support levels).
🎯 Exit Zone: ₹8,400–₹8,490 (resistance zone and upper Bollinger band).
📌 Trend Status: Strongly trending upward with bullish bias.
Positive
- Strong ROCE (17.6%) and ROE (16.1%) highlight efficient capital use.
- EPS at ₹104 supports earnings visibility.
- Price trading above both 50 DMA and 200 DMA confirms bullish structure.
- DII holdings increased (+1.26%), reflecting strong domestic institutional support.
Limitation
- High P/E (79.3) compared to industry PE (47.0) suggests steep valuation.
- Quarterly PAT declined slightly (₹392 Cr. → ₹382 Cr.), showing earnings pressure.
- PEG ratio (6.68) indicates expensive growth prospects.
- Volume below average, limiting breakout conviction.
Company Negative News
- FII holdings decreased (-0.92%), showing reduced foreign investor confidence.
- Quarterly profit decline raises caution for near-term growth.
Company Positive News
- Quarterly profit variation (+14.7%) highlights operational resilience.
- Stock trading near 52-week high (₹8,490) reflects strong investor sentiment.
Industry
- Industry PE at 47.0 is lower than APOLLOHOSP’s PE (79.3), highlighting premium valuation.
- Healthcare sector outlook remains robust with consistent demand drivers.
Conclusion
APOLLOHOSP is trending strongly upward with bullish signals supported by RSI, MACD, and price action above both 50 DMA and 200 DMA. Entry near ₹8,000–₹8,100 offers favorable risk-reward, with exit targets around ₹8,400–₹8,490. While fundamentals remain strong, premium valuation and reduced foreign participation suggest cautious optimism for fresh entries.
This can be extended into a healthcare sector breakout template with benchmarking overlays, so you can compare APOLLOHOSP against peers like FORTIS and NARAYANAHR for relative strength.