CYIENT - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 3.2

📊 Technical Analysis

• Chart Patterns: Price (1,156 ₹) is near 50 DMA (1,159 ₹) but below 200 DMA (1,276 ₹), showing short-term neutrality with long-term weakness.
• Moving Averages: Neutral short-term (hovering around 50 DMA), bearish long-term (below 200 DMA).
• RSI: 47.1 → neutral zone, neither overbought nor oversold.
• MACD: -1.34 → slightly bearish, momentum is weak.
• Bollinger Bands: Price near mid-band, suggesting consolidation with limited volatility.
• Volume Trends: Current volume (4.96 Lakh) is slightly above 1-week average (4.53 Lakh), showing moderate participation.

📈 Momentum & Signals

• Short-term Momentum: Neutral to slightly bearish due to weak MACD.
• Support Zones: 1,150 ₹ (near-term), 1,100 ₹ (strong support), 1,050 ₹ (52-week low).
• Resistance Zones: 1,200 ₹ (psychological), 1,276 ₹ (200 DMA), 1,350 ₹ (major resistance).
• Optimal Entry: 1,100–1,150 ₹ range if RSI dips closer to 40.
• Optimal Exit: 1,250–1,300 ₹ range unless breakout above 1,276 ₹.
• Trend Status: Stock is consolidating with slight bearish bias; reversal possible only if price sustains above 1,276 ₹.

✅ Positive

• Dividend yield at 2.25% provides shareholder returns.
• Low debt-to-equity ratio (0.02) indicates strong financial stability.
• DII holdings increased (+2.79%), showing domestic institutional confidence.
• PAT improved sequentially (128 Cr. vs 119 Cr.).

⚠️ Limitation

• Price below 200 DMA, showing long-term weakness.
• PEG ratio (-3.66) suggests poor growth prospects relative to valuation.
• ROE (13.2%) and ROCE (15.6%) are modest compared to industry leaders.

📉 Company Negative News

• Quarterly profit variation down by -20.3%.
• FII holdings decreased significantly (-3.81%), showing reduced foreign investor confidence.

📈 Company Positive News

• Sequential PAT growth despite industry challenges.
• DII holdings increased, balancing FII outflows.
• Dividend yield supports investor sentiment.

🏭 Industry

• Industry PE at 31.6, slightly higher than company PE (29.4), suggesting fair valuation.
• IT/engineering services sector remains competitive with moderate growth outlook.

🔎 Conclusion

• Stock is consolidating with weak momentum signals.
• Best entry near 1,100–1,150 ₹; exit near 1,250–1,300 ₹ unless breakout above 1,276 ₹.
• Long-term investors should monitor earnings growth and FII flows before committing.