⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
CEATLTD - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | CEATLTD | Market Cap | 15,118 Cr. | Current Price | 3,737 ₹ | High / Low | 4,438 ₹ |
| Stock P/E | 21.5 | Book Value | 1,119 ₹ | Dividend Yield | 0.83 % | ROCE | 15.8 % |
| ROE | 12.2 % | Face Value | 10.0 ₹ | DMA 50 | 3,780 ₹ | DMA 200 | 3,576 ₹ |
| Chg in FII Hold | 0.71 % | Chg in DII Hold | -0.57 % | PAT Qtr | 235 Cr. | PAT Prev Qtr | 202 Cr. |
| RSI | 48.0 | MACD | -32.8 | Volume | 54,298 | Avg Vol 1Wk | 80,850 |
| Low price | 2,322 ₹ | High price | 4,438 ₹ | PEG Ratio | 0.22 | Debt to equity | 0.69 |
| 52w Index | 66.9 % | Qtr Profit Var | 145 % | EPS | 156 ₹ | Industry PE | 28.3 |
📊 Technical Analysis
- Chart Patterns: CEATLTD has corrected from its 52-week high of 4,438 ₹ and is consolidating near 3,737 ₹.
- Moving Averages: Price (3,737 ₹) is slightly below 50 DMA (3,780 ₹) but above 200 DMA (3,576 ₹), showing medium-term strength but short-term weakness.
- RSI: At 48.0, neutral zone — neither overbought nor oversold.
- MACD: Negative (-32.8), indicating short-term bearish momentum.
- Bollinger Bands: Price near mid-band, suggesting consolidation with limited volatility.
- Volume Trends: Current volume (54,298) below 1-week average (80,850), showing weak participation.
📈 Momentum & Signals
- Short-term Momentum: Weak due to negative MACD and low volume.
- Support Levels: 3,700 ₹ (near-term), 3,576 ₹ (200 DMA).
- Resistance Levels: 3,800 ₹ (50 DMA), 4,000 ₹ (psychological resistance).
- Optimal Entry Zone: 3,650–3,720 ₹ (close to support).
- Optimal Exit Zone: 3,850–4,000 ₹ (near resistance).
- Trend Status: Consolidating with mild bearish bias.
✅ Positive
- Strong EPS (156 ₹) and attractive PEG ratio (0.22) indicate undervaluation relative to growth.
- Quarterly PAT growth (235 Cr vs 202 Cr) shows improving profitability.
- FII holdings increased (+0.71%), reflecting foreign investor confidence.
⚠️ Limitation
- Stock P/E (21.5) is below industry PE (28.3), but valuation remains moderately high.
- ROE (12.2%) is modest compared to peers.
- Weak short-term momentum due to negative MACD and low trading volume.
📉 Company Negative News
- DII holdings decreased (-0.57%), showing reduced domestic institutional confidence.
- Stock trading below 50 DMA, signaling short-term weakness.
📈 Company Positive News
- Quarterly profit variation of 145% highlights strong growth momentum.
- Improved PAT performance supports earnings visibility.
🏭 Industry
- Tyre and automotive sector supported by rising demand and infrastructure growth.
- Industry PE at 28.3 vs stock PE at 21.5 — stock trades at discount valuation.
🔎 Conclusion
- CEATLTD is consolidating with short-term bearish signals but strong medium-term fundamentals.
- Best entry near 3,650–3,720 ₹, exit near 3,850–4,000 ₹ unless breakout above 4,000 ₹ occurs.
- Medium-term outlook positive due to strong earnings growth and valuation discount, though short-term momentum remains weak.