ROUTE - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.2

📊 Technical Analysis Summary

• Trend Status: Reversing
• Current Price: ₹713
• RSI (29.5): Oversold — potential bounce zone
• MACD (-26.4): Strong bearish crossover — downward momentum
• Volume: Above average (2.55L vs 1.90L) — active selling pressure
• DMA 50/200: Price below both (₹804 & ₹987) — bearish confirmation
• Bollinger Bands: Price near lower band — support likely near ₹700

📈 Entry & Exit Zones

• Support Levels: ₹700 / ₹680 / ₹650
• Resistance Levels: ₹750 / ₹804 / ₹850
• Optimal Entry: ₹700–₹715 (on oversold bounce)
• Exit Target: ₹804–₹850 (if momentum recovers)

✅ Positive

• Zero debt — strong financial structure
• PEG ratio of 0.42 — undervalued relative to growth
• ROCE (16.3%) and ROE (12.4%) — solid operational efficiency
• EPS of ₹21.2 — consistent earnings base

⚠️ Limitation

• MACD and RSI indicate strong bearish momentum
• Price below key moving averages — weak technical setup
• 52-week index at 0.18% — severe underperformance

📉 Company Negative News

• FII holding declined by 0.62%, DII by 0.67% — institutional exit
• Quarterly PAT dropped from ₹46.7 Cr to ₹30.4 Cr — earnings slowdown

📈 Company Positive News

• Dividend yield of 1.54% — steady income potential
• Qtr Profit Var up 7.8% — mild YoY growth

🏢 Industry

• ROUTE operates in cloud communications and enterprise messaging — tech-driven and innovation-sensitive sector
• Industry P/E is 14.9 — ROUTE trades at a premium
• Sector benefits from digital transformation and omnichannel engagement trends

🧾 Conclusion

• ROUTE is currently reversing with oversold technical indicators and declining momentum
• Entry near ₹700 may offer upside toward ₹850 if sentiment improves
• Valuation and fundamentals are supportive, but technical weakness suggests cautious accumulation