ONESOURCE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.2
| Stock Code | ONESOURCE | Market Cap | 13,952 Cr. | Current Price | 1,210 ₹ | High / Low | 2,250 ₹ |
| Stock P/E | 76.8 | Book Value | 522 ₹ | Dividend Yield | 0.00 % | ROCE | 6.42 % |
| ROE | 4.14 % | Face Value | 1.00 ₹ | DMA 50 | 1,616 ₹ | DMA 200 | 1,731 ₹ |
| Chg in FII Hold | -0.15 % | Chg in DII Hold | 0.32 % | PAT Qtr | -55.1 Cr. | PAT Prev Qtr | 37.1 Cr. |
| RSI | 24.4 | MACD | -145 | Volume | 86,090 | Avg Vol 1Wk | 12,25,687 |
| Low price | 1,057 ₹ | High price | 2,250 ₹ | PEG Ratio | 2.08 | Debt to equity | 0.22 |
| 52w Index | 12.8 % | Qtr Profit Var | -300 % | EPS | 15.2 ₹ | Industry PE | 29.0 |
📊 Chart & Trend Analysis: ONESOURCE is trading at ₹1,210, well below its 50 DMA (₹1,616) and 200 DMA (₹1,731), reflecting a strong bearish structure. RSI at 24.4 indicates oversold conditions, while MACD (-145) confirms heavy negative momentum. Bollinger Bands show price near the lower band, suggesting persistent selling pressure. Current volume (86,090) is significantly lower than the 1-week average (12,25,687), indicating weak participation and lack of buying support.
📈 Momentum Signals: Short-term momentum is very weak, with RSI in oversold territory and MACD sharply negative. A reversal signal may only emerge if RSI climbs above 35 and price sustains above ₹1,300.
💡 Entry Zone: ₹1,050–₹1,100 (support near 52-week low)
🚪 Exit Zone: ₹1,600–₹1,700 (resistance near 50 DMA & 200 DMA)
🔎 Trend Status: The stock is reversing downward with strong bearish bias, showing limited reversal potential unless volume and RSI recover.
Positive
- Book value at ₹522 provides some margin of safety relative to current price.
- EPS at ₹15.2 reflects earnings capacity despite recent losses.
- Debt-to-equity ratio at 0.22 indicates moderate leverage.
Limitation
- Stock P/E at 76.8 is far higher than industry average (29.0), making valuations stretched.
- ROCE (6.42%) and ROE (4.14%) remain weak, limiting efficiency.
- Quarterly PAT at -₹55.1 Cr. vs ₹37.1 Cr. shows sharp deterioration.
- Volume collapse compared to weekly average signals lack of investor interest.
Company Negative News
- Quarterly profit variation at -300% highlights severe earnings decline.
- Decline in FII holding (-0.15%) signals reduced foreign investor confidence.
- No dividend yield, limiting shareholder returns.
Company Positive News
- Increase in DII holding (+0.32%) shows domestic institutional support.
Industry
- Industry PE at 29.0 is much lower than ONESOURCE’s, highlighting sector competitiveness.
- Sector growth remains supported by technology adoption, but valuations are under pressure.
Conclusion
⚖️ ONESOURCE is reversing downward with strong bearish bias, trading well below key moving averages and showing weak momentum. Fundamentals remain poor with negative PAT, stretched valuations, and weak efficiency metrics. Traders may consider entry only near ₹1,050–₹1,100 for speculative rebound, with exit targets around ₹1,600–₹1,700. Sustained reversal requires RSI recovery above 35, stronger volume, and price stability above 50 DMA.