PHOENIXLTD - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.4
| Stock Code | PHOENIXLTD | Market Cap | 58,749 Cr. | Current Price | 1,641 ₹ | High / Low | 1,993 ₹ |
| Stock P/E | 201 | Book Value | 151 ₹ | Dividend Yield | 0.15 % | ROCE | 6.50 % |
| ROE | 5.52 % | Face Value | 2.00 ₹ | DMA 50 | 1,776 ₹ | DMA 200 | 1,675 ₹ |
| Chg in FII Hold | 0.40 % | Chg in DII Hold | -0.21 % | PAT Qtr | 63.8 Cr. | PAT Prev Qtr | 129 Cr. |
| RSI | 23.5 | MACD | -40.6 | Volume | 1,78,111 | Avg Vol 1Wk | 6,50,728 |
| Low price | 1,402 ₹ | High price | 1,993 ₹ | PEG Ratio | 7.60 | Debt to equity | 0.13 |
| 52w Index | 40.3 % | Qtr Profit Var | 14.4 % | EPS | 7.48 ₹ | Industry PE | 30.2 |
📊 Chart & Trend Analysis: PHOENIXLTD is trading at ₹1,641, below both its 50 DMA (₹1,776) and 200 DMA (₹1,675), reflecting a bearish structure. RSI at 23.5 indicates oversold conditions, while MACD (-40.6) confirms strong negative momentum. Bollinger Bands show price hugging the lower band, suggesting persistent selling pressure. Current volume (1,78,111) is significantly lower than the 1-week average (6,50,728), indicating weak participation.
📈 Momentum Signals: Short-term momentum remains very weak, with RSI in oversold territory and MACD sharply negative. A reversal signal may emerge if RSI climbs above 35 and price sustains above ₹1,700.
💡 Entry Zone: ₹1,400–₹1,500 (support near 52-week low)
🚪 Exit Zone: ₹1,750–₹1,800 (resistance near 50 DMA)
🔎 Trend Status: The stock is reversing downward with strong bearish bias, showing limited reversal potential unless RSI and volume recover.
Positive
- EPS at ₹7.48 reflects earnings capacity despite recent weakness.
- Debt-to-equity ratio at 0.13 shows low leverage.
- FII holding increased (+0.40%), signaling foreign investor interest.
- 52-week index return at 40.3% highlights long-term investor confidence.
Limitation
- Stock P/E at 201 is extremely high compared to industry average (30.2), making valuations stretched.
- ROCE (6.50%) and ROE (5.52%) remain weak, limiting efficiency.
- PEG ratio at 7.60 suggests expensive growth-adjusted valuation.
- Volume collapse compared to weekly average signals lack of investor interest.
Company Negative News
- Decline in DII holding (-0.21%) signals reduced domestic institutional confidence.
- Quarterly PAT dropped to ₹63.8 Cr. vs ₹129 Cr., showing earnings pressure.
Company Positive News
- Increase in FII holding reflects foreign investor optimism.
- Quarterly profit variation at 14.4% highlights operational resilience despite decline.
Industry
- Industry PE at 30.2 is far lower than PHOENIXLTD’s, highlighting sector competitiveness.
- Real estate and retail sector demand remains structurally strong, supported by consumption growth and urban expansion.
Conclusion
⚖️ PHOENIXLTD is reversing downward with strong bearish bias, trading below key moving averages and showing weak momentum. While fundamentals show low leverage and long-term investor confidence, stretched valuations, declining profits, and weak efficiency metrics limit upside. Traders may consider entry near ₹1,400–₹1,500 with exit targets around ₹1,750–₹1,800. Sustained reversal requires RSI recovery above 35, stronger volume, and price stability above 50 DMA.