ENDURANCE - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.2

📈 Technical Analysis

• 📊 Chart Pattern: The stock is consolidating between 2,820 ₹ and 3,080 ₹, forming a horizontal channel.
• 📉 Moving Averages: Price is slightly above the 50-DMA (2,837 ₹) and well above the 200-DMA (2,540 ₹), indicating medium-term strength.
• 📉 RSI (46.2): Neutral zone, suggesting neither overbought nor oversold conditions.
• 📈 MACD (7.09): Positive crossover, indicating early bullish momentum.
• 📉 Bollinger Bands: Price near mid-band with narrowing bands, signaling low volatility and potential breakout setup.
• 📉 Volume Trend: Current volume (76,171) is below 1-week average (1,16,703), showing reduced trading interest.

📍 Entry & Exit Zones

• ✅ Entry Zone: 2,820 ₹ – 2,840 ₹ (near support and 50-DMA)
• 🚪 Exit Zone: 3,050 ₹ – 3,080 ₹ (resistance zone and 52-week high)

📊 Trend Status

• 🔄 Current Trend: Consolidating
• 📈 Bias: Mild bullish if volume picks up and RSI crosses 50

✅ Positive

• Strong ROCE (21.5%) and ROE (16.1%) indicate efficient capital use.
• Low debt-to-equity ratio (0.01) reflects financial stability.
• Price above 200-DMA shows long-term bullish structure.

⚠️ Limitation

• High P/E (58.4) and PEG (3.14) suggest overvaluation compared to industry PE (33.4).
• Declining quarterly PAT (166 Cr. vs 187 Cr.) may dampen sentiment.
• Volume below average — weak conviction in current price action.

📉 Company Negative News

• No major negative news reported recently, but Qtr Profit Var is marginal (1.82%).

📈 Company Positive News

• Stable fundamentals and strong return ratios continue to support investor confidence.

🏭 Industry

• Auto components sector remains resilient with moderate growth outlook.
• ENDURANCE trades at a premium valuation, reflecting investor optimism in its long-term prospects.

🧾 Conclusion

• Endurance Technologies is consolidating with a mild bullish bias.
• Short-term traders may consider swing trades between 2,820 ₹ and 3,080 ₹.
• Long-term investors should monitor valuation and upcoming earnings for re-entry.