HYUNDAI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.3
| Stock Code | HYUNDAI | Market Cap | 1,47,687 Cr. | Current Price | 1,818 ₹ | High / Low | 2,890 ₹ |
| Stock P/E | 26.0 | Book Value | 209 ₹ | Dividend Yield | 1.16 % | ROCE | 54.2 % |
| ROE | 42.2 % | Face Value | 10.0 ₹ | DMA 50 | 1,937 ₹ | DMA 200 | 2,106 ₹ |
| Chg in FII Hold | -1.00 % | Chg in DII Hold | 1.12 % | PAT Qtr | 1,195 Cr. | PAT Prev Qtr | 1,570 Cr. |
| RSI | 44.6 | MACD | -29.1 | Volume | 5,38,287 | Avg Vol 1Wk | 9,14,609 |
| Low price | 1,658 ₹ | High price | 2,890 ₹ | PEG Ratio | 1.07 | Debt to equity | 0.05 |
| 52w Index | 13.0 % | Qtr Profit Var | 6.30 % | EPS | 70.0 ₹ | Industry PE | 27.3 |
📉 Chart Patterns & Trend: HYUNDAI is trading below both its 50 DMA (₹1,937) and 200 DMA (₹2,106), confirming a bearish structure. Current price (₹1,818) is near support at ₹1,780–₹1,800, suggesting weakness with limited upside unless a rebound occurs.
📊 Momentum Indicators: RSI at 44.6 indicates weak momentum. MACD at -29.1 confirms bearish crossover. Bollinger Bands show price drifting near the lower band, signaling continued pressure.
📈 Volume Trends: Current volume (5.38 lakh) is below average weekly volume (9.14 lakh), reflecting reduced participation and lack of strong buying interest.
🎯 Entry Zone: ₹1,780 – ₹1,820 (near support, potential accumulation zone).
🚪 Exit Zone: ₹1,940 – ₹1,980 (near 50 DMA resistance; profit-taking zone if rebound occurs).
🔎 Status: The stock is consolidating near support but remains in a broader downtrend. Sustained recovery requires price action above ₹2,106 (200 DMA).
Positive
- Strong ROE (42.2%) and ROCE (54.2%) highlight operational efficiency.
- EPS of ₹70.0 supports valuation strength.
- Low debt-to-equity ratio (0.05) ensures financial stability.
- DII holdings increased (+1.12%), showing domestic investor support.
Limitation
- Stock trading below both 50 & 200 DMA indicates technical weakness.
- RSI below 50 and negative MACD confirm bearish momentum.
- Quarterly PAT declined (₹1,195 Cr vs ₹1,570 Cr).
- Volume participation is weak compared to average.
Company Negative News
- FII holdings decreased (-1.00%), showing reduced foreign investor confidence.
- Profitability declined sequentially, raising near-term concerns.
Company Positive News
- DII inflows reflect domestic institutional confidence.
- EPS remains strong despite short-term weakness.
Industry
- Automobile sector trading at industry PE of 27.3, close to HYUNDAI’s P/E (26.0), suggesting fair valuation.
- Sector outlook remains cyclical with demand recovery tied to consumer sentiment.
Conclusion
⚠️ HYUNDAI is technically weak, trading below key moving averages with bearish momentum. Fundamentals remain strong, but short-term signals are negative. Traders may consider entry near ₹1,780–₹1,820 with exits around ₹1,940–₹1,980. Long-term investors should wait for confirmation above ₹2,106 before fresh accumulation.
Would you like me to extend this into a swing-trade overlay comparing HYUNDAI with peers like Maruti Suzuki, Tata Motors, and Mahindra & Mahindra to highlight relative momentum strength?