RBLBANK - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | RBLBANK | Market Cap | 20,709 Cr. | Current Price | 335 ₹ | High / Low | 350 ₹ |
| Stock P/E | 25.2 | Book Value | 266 ₹ | Dividend Yield | 0.30 % | ROCE | 5.77 % |
| ROE | 5.13 % | Face Value | 10.0 ₹ | DMA 50 | 322 ₹ | DMA 200 | 296 ₹ |
| Chg in FII Hold | -1.68 % | Chg in DII Hold | 3.28 % | PAT Qtr | 230 Cr. | PAT Prev Qtr | 214 Cr. |
| RSI | 55.0 | MACD | 3.35 | Volume | 39,42,961 | Avg Vol 1Wk | 35,02,211 |
| Low price | 204 ₹ | High price | 350 ₹ | PEG Ratio | -10.8 | Debt to equity | 9.48 |
| 52w Index | 89.5 % | Qtr Profit Var | 234 % | EPS | 13.3 ₹ | Industry PE | 14.5 |
📈 Trend Analysis: RBLBANK is trading at ₹335, above both the 50 DMA (₹322) and 200 DMA (₹296), confirming a strong uptrend. The stock is close to its 52-week high of ₹350, reflecting bullish momentum with short-term resistance nearby.
📊 RSI: At 55.0, RSI is in the neutral-to-positive zone, suggesting balanced momentum with room for further upside.
📉 MACD: Positive MACD (3.35) supports bullish momentum, aligning with price action above moving averages.
📌 Bollinger Bands: Price is near the upper band, signaling potential consolidation or minor correction in the short term.
🔎 Volume Trends: Current volume (39,42,961) is higher than the 1-week average (35,02,211), showing strong participation, which supports the bullish trend.
💡 Momentum Signals: Short-term momentum remains positive. Optimal entry zone lies near ₹325–₹330 support levels. Exit/resistance zone is around ₹345–₹350, where selling pressure may emerge.
📌 Market Phase: The stock is trending with bullish bias, supported by strong volumes and price action above key moving averages.
Positive
- 🚀 Quarterly PAT growth (₹230 Cr vs ₹214 Cr), up 234% YoY.
- 📈 Price trading above both 50 DMA and 200 DMA supports bullish undertone.
- 💡 EPS of ₹13.3 reflects improving profitability.
- 🌍 DII holdings increased by 3.28%, showing strong domestic institutional confidence.
Limitation
- ⚠️ Elevated P/E ratio (25.2) compared to industry PE (14.5), suggesting premium valuation.
- 📉 ROCE (5.77%) and ROE (5.13%) are modest, indicating weak efficiency.
- 🔎 PEG ratio (-10.8) reflects growth inconsistency.
- 📊 High debt-to-equity ratio (9.48) raises leverage concerns.
Company Negative News
- 📉 FII holdings decreased by 1.68%, showing reduced foreign investor interest.
- ⚠️ Weak return metrics despite profit growth.
Company Positive News
- 📈 Quarterly PAT growth highlights operational improvement.
- 💡 EPS of ₹13.3 supports long-term earnings visibility.
- 🌍 Strong DII inflows reflect domestic confidence in the stock.
Industry
- 🏭 Industry PE at 14.5, lower than RBLBANK’s 25.2, highlighting premium valuation.
- 📊 Banking sector growth driven by credit expansion and retail lending opportunities.
Conclusion
⚖️ RBLBANK is trending with bullish bias, supported by strong volumes and price action above moving averages. However, high debt levels and modest efficiency metrics remain concerns. Strategy: consider entry near ₹325–₹330 support zones and book profits around ₹345–₹350 resistance. The stock is trending with potential consolidation before the next breakout.