BERGEPAINT - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.5

Here’s an analytical snapshot of BERGEPAINT 🎨📉 from a technical standpoint

📊 Trend Analysis

Current Price: ₹572 — just above 50 DMA (₹566) and well above 200 DMA (₹539)

Indicates a mild uptrend, though recent price action suggests hesitation

The stock is consolidating after a strong rally, forming a base near moving averages

📈 Indicators Overview

RSI (50.3)

Neutral zone — neither overbought nor oversold

Suggests indecisiveness in momentum direction

MACD (-0.97)

Slightly negative, indicating weak short-term momentum

May turn positive if price holds above 50 DMA

Bollinger Bands

Price hugging the mid-band, confirming consolidation pattern

No volatility expansion — trend continuation is uncertain

Volume

Strong uptick today vs. 1-week average ➤ increasing participation

Could be early sign of accumulation phase

🚦 Short-Term Momentum Signals

Slight bearish crossover in MACD, but flattening

RSI sideways ➤ no strong momentum

Price action bouncing between 566–575 ₹ ➤ consolidation with potential breakout if volume sustains

Mixed sentiment from institutional flows (DII ↑, FII ↓)

💰 Optimal Entry & Exit Zones

Action Price Zone (₹) Insight

Entry (Support) ₹560 - ₹568 Near 50 DMA, ideal for accumulation

Entry (Breakout) ₹575 - ₹582 On bullish breakout above resistance

Exit (Partial) ₹610 - ₹620 First resistance zone, near recent highs

Exit (Full) ₹630+ 52-week high zone, may face rejection

🧩 Additional Observations

PEG Ratio (4.60) ➤ overvalued relative to growth

P/E (57) > Industry PE (45.4) ➤ premium pricing

Quarterly Profit slightly down, but still strong earnings base

Low Debt (0.11) ➤ solid balance sheet

📌 Summary

Trend: Sideways to mild uptrend

Momentum: Neutral to slightly bullish

Status: Consolidating, with a breakout potential if volume persists

Technical Rating: 3.5

Want to pair this with Asian Paints for a sector-wide comparison? Or shall I sketch out resistance and support levels visually?

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