DATAPATTNS - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.0

📊 Technical Analysis

• Chart Patterns: Price (2,555 ₹) is below both 50 DMA (2,755 ₹) and 200 DMA (2,633 ₹), indicating weakness.
• Moving Averages: Bearish bias as price trades under short-term and long-term averages.
• RSI: 34.1 → near oversold territory, suggesting potential for a technical bounce.
• MACD: -93.0 → strong bearish crossover, confirming downward momentum.
• Bollinger Bands: Price near lower band, indicating oversold conditions and possible rebound.
• Volume Trends: Current volume (3.38 Lakh) is higher than 1-week average (2.51 Lakh), showing active selling pressure.

📈 Momentum & Signals

• Short-term Momentum: Bearish bias with oversold RSI suggesting possible short-term bounce.
• Support Zones: 2,500 ₹ (near-term), 2,400 ₹ (strong support), 2,200 ₹ (major support).
• Resistance Zones: 2,633 ₹ (200 DMA), 2,755 ₹ (50 DMA), 2,900 ₹ (psychological resistance).
• Optimal Entry: 2,500–2,400 ₹ range if RSI dips closer to 30.
• Optimal Exit: 2,633–2,755 ₹ range unless breakout above 2,900 ₹.
• Trend Status: Stock is trending downward with oversold signals; possible consolidation near support levels.

✅ Positive

• Strong ROCE (21.0%) and ROE (15.2%) indicate efficient capital use.
• Debt-free balance sheet (Debt-to-equity 0.00).
• DII holdings increased (+1.71%), showing domestic institutional confidence.
• Quarterly PAT growth (49.2 Cr. vs 25.5 Cr.) with 62.4% profit variation improvement.

⚠️ Limitation

• Price trading below both 50 DMA and 200 DMA, showing weakness.
• High P/E (61.3) compared to industry PE (57.9), indicating premium valuation.
• Dividend yield at 0.31% is low, limiting shareholder returns.

📉 Company Negative News

• FII holdings decreased (-1.38%), showing reduced foreign investor confidence.
• Stock trading well below 52-week high (3,269 ₹), reflecting weak momentum.

📈 Company Positive News

• Strong quarterly PAT growth and margin expansion.
• DII holdings increased significantly, balancing FII outflows.
• Debt-free status supports financial stability.

🏭 Industry

• Industry PE at 57.9, slightly lower than company PE (61.3), suggesting Data Patterns trades at a premium.
• Defence and aerospace sector demand remains robust, supporting long-term growth outlook.

🔎 Conclusion

• Stock is in a downtrend with oversold RSI suggesting possible short-term bounce.
• Best entry near 2,500–2,400 ₹; exit near 2,633–2,755 ₹ unless breakout above 2,900 ₹.
• Long-term investors should monitor valuation risks and institutional flows before committing.