JYOTHYLAB - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | JYOTHYLAB | Market Cap | 7,675 Cr. | Current Price | 209 ₹ | High / Low | 365 ₹ |
| Stock P/E | 23.0 | Book Value | 43.3 ₹ | Dividend Yield | 1.68 % | ROCE | 29.6 % |
| ROE | 22.4 % | Face Value | 1.00 ₹ | DMA 50 | 232 ₹ | DMA 200 | 273 ₹ |
| Chg in FII Hold | -0.42 % | Chg in DII Hold | -0.52 % | PAT Qtr | 67.5 Cr. | PAT Prev Qtr | 81.1 Cr. |
| RSI | 34.0 | MACD | -10.0 | Volume | 9,48,656 | Avg Vol 1Wk | 13,29,650 |
| Low price | 196 ₹ | High price | 365 ₹ | PEG Ratio | 1.54 | Debt to equity | 0.03 |
| 52w Index | 7.62 % | Qtr Profit Var | -15.2 % | EPS | 9.07 ₹ | Industry PE | 25.8 |
📈 Chart Patterns: JYOTHYLAB is trading near its recent lows (209 ₹ vs 196 ₹), showing weak recovery attempts. Trendlines suggest downward bias with failed breakout attempts.
📊 Moving Averages: Current price (209 ₹) is below both DMA 50 (232 ₹) and DMA 200 (273 ₹), confirming bearish momentum.
📉 RSI: At 34.0, RSI indicates oversold conditions, hinting at possible short-term rebound.
📌 MACD: Negative at -10.0, confirming bearish momentum and lack of strength in recovery.
📈 Bollinger Bands: Price is near the lower band, suggesting oversold territory and potential bounce.
🔎 Volume Trends: Current volume (9.5 lakh) is below average (13.3 lakh), showing weak participation and lack of conviction.
🎯 Momentum Signals: Bearish bias dominates, though oversold RSI and lower Bollinger Band hint at short-term rebound potential.
📍 Entry Zone: 196–205 ₹ (support near 52-week low).
📍 Exit Zone: 230–240 ₹ (resistance near DMA 50).
📊 Trend Status: Consolidating near lows with bearish undertone; potential reversal only if price sustains above 232 ₹.
Positive
- Strong ROCE (29.6%) and ROE (22.4%).
- Low debt-to-equity (0.03) ensures financial stability.
- Dividend yield of 1.68% adds investor appeal.
Limitation
- Price trading below both DMA 50 and DMA 200.
- Weak volume participation undermines breakout potential.
- PEG ratio of 1.54 indicates valuation stretch.
Company Negative News
- Quarterly PAT declined from 81.1 Cr. to 67.5 Cr. (-15.2%).
- FII holding reduced (-0.42%) and DII holding declined (-0.52%).
Company Positive News
- EPS remains strong at 9.07 ₹.
- Fundamentals remain robust with high ROCE and ROE.
Industry
- Sector trading at Industry PE of 25.8, slightly above JYOTHYLAB’s P/E of 23.0, offering relative value.
- Sector momentum weak with 52-week index at 7.62%.
Conclusion
⚖️ JYOTHYLAB is consolidating near lows with bearish signals. Entry near 196–205 ₹ offers risk-managed positioning, while exits around 230–240 ₹ capture resistance levels. Strong fundamentals provide support, but weak momentum and declining institutional holdings warrant caution.
Would you like me to refine this into a short-term rebound setup with stop-loss levels, or expand it into a swing trade plan with holding period guidance?