LATENTVIEW - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | LATENTVIEW | Market Cap | 8,666 Cr. | Current Price | 418 ₹ | High / Low | 518 ₹ |
| Stock P/E | 102 | Book Value | 60.7 ₹ | Dividend Yield | 0.00 % | ROCE | 10.2 % |
| ROE | 6.63 % | Face Value | 1.00 ₹ | DMA 50 | 441 ₹ | DMA 200 | 439 ₹ |
| Chg in FII Hold | 1.55 % | Chg in DII Hold | 0.80 % | PAT Qtr | 29.6 Cr. | PAT Prev Qtr | 33.9 Cr. |
| RSI | 44.1 | MACD | -15.9 | Volume | 3,59,901 | Avg Vol 1Wk | 2,05,724 |
| Low price | 340 ₹ | High price | 518 ₹ | PEG Ratio | 927 | Debt to equity | 0.01 |
| 52w Index | 43.9 % | Qtr Profit Var | -11.1 % | EPS | 4.11 ₹ | Industry PE | 23.9 |
📊 Chart Patterns & Trend: The stock is trading at ₹418, below both its 50 DMA (₹441) and 200 DMA (₹439), reflecting bearish pressure. Price action is consolidating near support levels around ₹410–₹420, with potential rebound if momentum improves.
📈 Moving Averages: Current price below both 50 DMA and 200 DMA confirms weak momentum. A recovery above ₹441 would be the first bullish signal, while sustaining above ₹460 would confirm reversal.
📉 RSI: At 44.1, RSI is in the neutral zone, suggesting consolidation. A move above 50 would indicate strengthening momentum.
📉 MACD: Negative at -15.9, showing bearish divergence. Trend remains weak until MACD narrows toward zero.
📊 Bollinger Bands: Price is near the lower band, suggesting limited downside and potential mean reversion toward ₹435–₹450.
📊 Volume Trends: Current volume (3.6 Lakh) is higher than average weekly volume (2.0 Lakh), indicating active participation and possible accumulation at lower levels.
🎯 Entry Zone: ₹410–₹420 (near support and lower Bollinger band).
🎯 Exit Zone: ₹445–₹460 (near resistance and moving averages).
📌 Trend Status: Consolidating with bearish bias. A reversal may occur if RSI rebounds and price sustains above ₹441–₹460.
Positive
- Low debt-to-equity ratio (0.01) ensures financial stability.
- FII holdings increased (+1.55%), showing foreign investor confidence.
- DII holdings increased (+0.80%), reflecting domestic institutional support.
Limitation
- Stock P/E (102) is significantly higher than industry PE (23.9), indicating extreme overvaluation.
- Price trading below both 50 DMA and 200 DMA confirms weak momentum.
- PEG ratio (927) suggests unsustainable valuation relative to growth.
- Dividend yield is 0%, offering no income return for investors.
Company Negative News
- Quarterly PAT declined to ₹29.6 Cr from ₹33.9 Cr, showing earnings pressure.
- Quarterly profit variation (-11.1%) indicates decline compared to prior year.
Company Positive News
- FII holdings increased (+1.55%), showing strong foreign investor confidence.
- DII holdings increased (+0.80%), reflecting domestic institutional support.
Industry
- Industry PE at 23.9 is much lower than the stock’s P/E, suggesting sector trades at more reasonable valuations.
- LATENTVIEW trades at a premium but maintains financial stability with negligible debt.
Conclusion
⚖️ LATENTVIEW is currently consolidating near support levels, trading below key moving averages with weak momentum indicators. Entry near ₹410–₹420 offers favorable risk-reward, while exits around ₹445–₹460 align with resistance. Sustained buying and a move above ₹441–₹460 would confirm reversal toward bullish momentum, while failure to hold support could extend bearish consolidation.