CYIENT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | CYIENT | Market Cap | 10,185 Cr. | Current Price | 916 ₹ | High / Low | 1,372 ₹ |
| Stock P/E | 31.8 | Book Value | 323 ₹ | Dividend Yield | 2.84 % | ROCE | 16.8 % |
| ROE | 8.70 % | Face Value | 5.00 ₹ | DMA 50 | 909 ₹ | DMA 200 | 1,063 ₹ |
| Chg in FII Hold | 0.05 % | Chg in DII Hold | 1.47 % | PAT Qtr | 78.4 Cr. | PAT Prev Qtr | 89.5 Cr. |
| RSI | 55.6 | MACD | 5.98 | Volume | 1,74,628 | Avg Vol 1Wk | 2,58,598 |
| Low price | 750 ₹ | High price | 1,372 ₹ | PEG Ratio | -13.8 | Debt to equity | 0.01 |
| 52w Index | 26.6 % | Qtr Profit Var | -34.3 % | EPS | 13.9 ₹ | Industry PE | 26.3 |
📈 Chart & Trend Analysis: CYIENT is trading at ₹916, slightly above its 50 DMA (₹909) but below its 200 DMA (₹1,063), indicating short-term strength but long-term weakness. RSI at 55.6 suggests neutral momentum. MACD at 5.98 shows mild positive divergence. Bollinger Bands place price mid-range, suggesting consolidation rather than breakout.
🔎 Momentum Signals: Current volume (1.74L) is below the 1-week average (2.58L), showing reduced participation. Short-term momentum is mildly positive, but upside may be capped near ₹940–₹950.
🎯 Entry Zone: ₹900–₹910 (support near 50 DMA)
🚪 Exit Zone: ₹940–₹950 (resistance zone)
🛑 Stop-Loss: ₹880 (below recent support)
📊 Trend Status: Consolidating with mild bullish undertones; reversal possible if price sustains above ₹950 and volume improves.
Positive
- Trading above 50 DMA supports short-term bullish bias.
- MACD positive (5.98) indicates mild upward momentum.
- Dividend yield at 2.84% provides steady returns.
- DII holdings increased (+1.47%), showing domestic institutional confidence.
- Low debt-to-equity (0.01) ensures financial stability.
Limitation
- Trading below 200 DMA signals long-term weakness.
- Quarterly PAT decline (₹89.5 Cr. to ₹78.4 Cr.) raises earnings concerns.
- ROE (8.70%) is modest compared to peers.
- PEG ratio (-13.8) suggests poor valuation growth metrics.
- Volume below average indicates weak participation.
Company Negative News
- Quarterly profit variation (-34.3%) highlights earnings pressure.
- Muted foreign investor activity with only marginal FII increase (+0.05%).
Company Positive News
- DII holdings increased significantly (+1.47%), reflecting domestic confidence.
- Dividend yield and low debt profile support investor sentiment.
Industry
- Industry PE at 26.3 is lower than CYIENT’s 31.8, showing valuation premium.
- IT services sector remains resilient but faces margin pressures from global demand cycles.
Conclusion
📌 CYIENT is consolidating with mild bullish undertones. Entry near ₹900–₹910 offers cautious accumulation, with exit targets at ₹940–₹950. Weak earnings and modest ROE warrant caution, but dividend yield and low debt profile provide stability. Sustained breakout above ₹950 could shift momentum toward bullish reversal.
Would you like me to expand this into a sector overlay comparison with peers like LTTS and KPIT, or keep it focused as a single CYIENT swing trade report?