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FEDERALBNK - Technical Analysis with Chart Patterns & Indicators

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Rating: 3.8

Last Updated Time : 04 May 26, 11:56 am

Technical Rating: 3.8

Stock Code FEDERALBNK Market Cap 70,726 Cr. Current Price 287 ₹ High / Low 302 ₹
Stock P/E 17.2 Book Value 157 ₹ Dividend Yield 0.42 % ROCE 6.27 %
ROE 11.4 % Face Value 2.00 ₹ DMA 50 281 ₹ DMA 200 253 ₹
Chg in FII Hold 1.11 % Chg in DII Hold -0.71 % PAT Qtr 1,259 Cr. PAT Prev Qtr 1,041 Cr.
RSI 52.0 MACD 3.78 Volume 1,42,09,297 Avg Vol 1Wk 1,17,39,936
Low price 183 ₹ High price 302 ₹ PEG Ratio 1.56 Debt to equity 8.66
52w Index 87.4 % Qtr Profit Var 22.2 % EPS 16.7 ₹ Industry PE 15.0

📈 Chart Patterns: Price is trading above both 50 DMA (281 ₹) and 200 DMA (253 ₹), confirming bullish momentum. Trendlines show resistance near 295–300 ₹ and support around 280–285 ₹.

📊 Moving Averages: Current price (287 ₹) above both DMAs indicates strong short-term and medium-term strength.

📉 RSI: At 52.0, RSI is neutral, suggesting balanced momentum without overbought or oversold signals.

📊 MACD: Positive at 3.78, confirming bullish crossover and short-term upside potential.

📉 Bollinger Bands: Price near mid-band, reflecting consolidation with potential for volatility expansion.

📊 Volume Trends: Current volume (1.42 Cr.) above 1-week average (1.17 Cr.), showing strong participation and accumulation.

🎯 Momentum Signals: Bullish. MACD and moving averages confirm strength, supported by higher-than-average volume.

💹 Entry Zone: 282–286 ₹ (support levels).

💹 Exit Zone: 295–302 ₹ (resistance levels).

📌 Trend Status: Trending upward with bullish bias.


Positive

  • Price trading above both 50 DMA and 200 DMA confirms bullish trend.
  • Quarterly PAT growth (1,259 Cr. vs 1,041 Cr.) highlights earnings strength.
  • EPS of 16.7 ₹ supports valuation stability.
  • FII holdings increased (+1.11%), showing foreign investor confidence.

Limitation

  • High debt-to-equity ratio (8.66) typical of banks, adds leverage risk.
  • ROCE at 6.27% is relatively weak compared to peers.
  • DII holdings reduced (-0.71%), showing weaker domestic support.
  • P/E (17.2) slightly above industry PE (15.0), reflecting moderate premium valuation.

Company Negative News

  • Decline in DII holdings (-0.71%).
  • High leverage risk in volatile market conditions.

Company Positive News

  • Quarterly PAT growth (+22.2%) highlights operational strength.
  • FII support indicates foreign investor optimism.
  • Strong 52-week performance (+87.4%).

Industry

  • Industry PE at 15.0 is slightly lower than FEDERALBNK’s P/E (17.2), suggesting moderate premium.
  • Banking sector supported by credit growth and stable demand for financial services.

Conclusion

⚖️ FEDERALBNK is trending upward with strong technical momentum and fair valuations. Entry near 282–286 ₹ offers a favorable setup, with exits around 295–302 ₹. Long-term investors may hold given steady earnings and foreign institutional support, but leverage risk requires disciplined monitoring.

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