SIGNATURE - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.1

Technical Analysis Report for Signature Global Ltd (SIGNATURE)

• Trend Status: Reversing from highs, testing support zones
• Moving Averages: Price below both 50 DMA (₹1,091) and 200 DMA (₹1,161) — bearish alignment
• RSI: 55.5 — neutral zone, no strong directional bias
• MACD: Positive at 3.44 — mild bullish crossover
• Bollinger Bands: Price near mid-band — range-bound movement
• Volume: Below weekly average — weak momentum, low conviction

Entry & Exit Zones

• Support Levels: ₹1,060 (minor support), ₹1,020 (trendline), ₹988 (52-week low)
• Resistance Levels: ₹1,091 (DMA 50), ₹1,161 (DMA 200), ₹1,240 (gap zone)
• Optimal Entry: ₹1,050–₹1,070 (on confirmation of support)
• Optimal Exit: ₹1,160–₹1,240 (if reversal sustains)

Positive

• MACD positive — early signs of momentum recovery
• DII holding increased by 0.27% — domestic institutional support
• Quarterly profit variation of 197% — strong YoY growth

Limitation

• Price below key moving averages — weak technical structure
• Volume below average — lack of strong participation
• High P/E of 171 vs industry average of 42.4 — overvaluation risk
• Debt-to-equity ratio of 1.76 — high leverage

Company Negative News

• Quarterly PAT dropped from ₹52.2 Cr. to ₹13.0 Cr. — sharp sequential decline
• FII holding declined by 0.02%

Company Positive News

• EPS of ₹6.33 — stable earnings base
• Book value of ₹66.1 — decent asset backing

Industry

• Real estate development sector — cyclical with policy and interest rate sensitivity
• Industry P/E of 42.4 — SIGNATURE trades at a significant premium

Conclusion

Signature Global Ltd is currently reversing from its highs and testing support near ₹1,060. While MACD shows early recovery signs, weak volume and high valuation suggest caution. Traders may consider entries near ₹1,050 with exits around ₹1,240, watching for volume confirmation and earnings stability.