HYUNDAI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | HYUNDAI | Market Cap | 1,55,700 Cr. | Current Price | 1,916 ₹ | High / Low | 2,890 ₹ |
| Stock P/E | 29.2 | Book Value | 238 ₹ | Dividend Yield | 1.10 % | ROCE | 38.8 % |
| ROE | 30.3 % | Face Value | 10.0 ₹ | DMA 50 | 1,891 ₹ | DMA 200 | 2,063 ₹ |
| Chg in FII Hold | -1.00 % | Chg in DII Hold | 1.12 % | PAT Qtr | 1,222 Cr. | PAT Prev Qtr | 1,195 Cr. |
| RSI | 59.9 | MACD | 3.69 | Volume | 11,86,363 | Avg Vol 1Wk | 15,13,124 |
| Low price | 1,658 ₹ | High price | 2,890 ₹ | PEG Ratio | 6.44 | Debt to equity | 0.06 |
| 52w Index | 20.9 % | Qtr Profit Var | -22.8 % | EPS | 65.5 ₹ | Industry PE | 28.6 |
📈 Chart Patterns: HYUNDAI is trading near its short-term resistance zone (₹1,916–₹1,950). The broader structure shows recovery from lows (₹1,658), but capped by resistance at ₹2,063 (DMA 200).
📊 Moving Averages: Current price (₹1,916) is above DMA 50 (₹1,891) but below DMA 200 (₹2,063), indicating short-term bullishness but medium-term weakness.
📉 RSI: At 59.9, RSI is moderately strong, suggesting momentum but not yet overbought.
📈 MACD: Positive at 3.69, showing bullish crossover and continuation of upward momentum.
📉 Bollinger Bands: Price is near the upper band, reflecting bullish momentum but risk of short-term pullback.
📊 Volume Trends: Current volume (11.9L) is below average weekly volume (15.1L), showing reduced participation and weaker conviction.
⚡ Short-Term Momentum Signals: Bullish bias with moderate strength; breakout possible if price sustains above ₹1,950 with volume support.
🎯 Entry Zone: ₹1,880–₹1,916 (support region).
🎯 Exit Zone: ₹2,050–₹2,063 (resistance zone).
🔀 Trend Status: Consolidating with bullish undertone; reversal possible only if price sustains above ₹2,063.
Positive
- Strong ROCE (38.8%) and ROE (30.3%) highlight operational efficiency.
- EPS at ₹65.5 supports earnings visibility.
- Price trading above DMA 50 confirms short-term bullish trend.
- DII holdings increased (+1.12%), showing domestic investor confidence.
Limitation
- Price still below DMA 200 signals medium-term weakness.
- PEG ratio (6.44) suggests overvaluation relative to growth.
- FII holdings decreased (-1.00%), showing reduced foreign investor confidence.
- Quarterly profit variation (-22.8%) highlights earnings pressure.
Company Negative News
- Decline in foreign institutional holdings.
- Quarterly profit variation shows volatility in earnings.
- Valuation concerns with high PEG ratio.
Company Positive News
- Quarterly PAT improved slightly from ₹1,195 Cr. to ₹1,222 Cr.
- DII stake increased, supporting domestic sentiment.
- Strong efficiency ratios (ROCE and ROE).
Industry
- Industry PE at 28.6 vs. HYUNDAI PE at 29.2 shows fair valuation.
- Automobile sector outlook remains positive with demand recovery trends.
Conclusion
HYUNDAI is consolidating with bullish undertones. Short-term traders may consider entry around ₹1,880–₹1,916 with exit near ₹2,050–₹2,063. Long-term investors should monitor valuation risks and institutional sentiment before fresh accumulation.
Would you like me to refine this into an intraday momentum setup for sharper buy/exit levels, or expand into a fundamental rating report for long-term positioning?