SWANCORP - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.9
| Stock Code | SWANCORP | Market Cap | 10,484 Cr. | Current Price | 334 ₹ | High / Low | 527 ₹ |
| Stock P/E | 565 | Book Value | 146 ₹ | Dividend Yield | 0.03 % | ROCE | 0.12 % |
| ROE | 0.07 % | Face Value | 1.00 ₹ | DMA 50 | 353 ₹ | DMA 200 | 414 ₹ |
| Chg in FII Hold | 0.71 % | Chg in DII Hold | 0.06 % | PAT Qtr | 2.22 Cr. | PAT Prev Qtr | 5.61 Cr. |
| RSI | 47.6 | MACD | -1.24 | Volume | 10,00,998 | Avg Vol 1Wk | 24,08,874 |
| Low price | 295 ₹ | High price | 527 ₹ | PEG Ratio | -441 | Debt to equity | 0.08 |
| 52w Index | 17.1 % | Qtr Profit Var | 41.4 % | EPS | 0.59 ₹ | Industry PE | 15.3 |
📈 Chart Patterns & Trend: SWANCORP is trading below both 50 DMA (₹353) and 200 DMA (₹414), with current price at ₹334. The stock is consolidating near support zones but showing bearish undertone. Trend bias is weak and neutral-to-bearish.
📊 Indicators: RSI at 47.6 suggests neutral momentum with mild weakness. MACD negative at -1.24 confirms bearish crossover. Bollinger Bands show price near lower band, reflecting selling pressure.
🔎 Volume: Current volume (10 Lakh) is significantly below average weekly volume (24 Lakh), indicating weak participation and lack of buying conviction.
🎯 Entry Zone: ₹325–₹335 (near support and oversold zone)
🚪 Exit Zone: ₹360–₹370 (resistance near 50 DMA)
Positive
- FII holdings increased by 0.71%, showing foreign investor interest.
- DII holdings increased slightly by 0.06%.
- Low debt-to-equity ratio (0.08) ensures financial stability.
Limitation
- Extremely high P/E of 565 compared to industry average (15.3).
- Weak ROCE (0.12%) and ROE (0.07%) reflect poor efficiency.
- EPS of ₹0.59 is very low relative to valuation.
- PEG ratio of -441 indicates unsustainable valuation relative to growth.
- Stock trading below both DMA levels shows weak technical strength.
Company Negative News
- Quarterly PAT decline from ₹5.61 Cr. to ₹2.22 Cr. (-41.4%).
- Weak profitability metrics raise concerns about sustainability.
Company Positive News
- Marginal increase in institutional holdings (FII and DII).
- Stable balance sheet with low leverage.
Industry
- Industry PE at 15.3 is far lower than SWANCORP’s 565, highlighting extreme overvaluation.
- Sector outlook stable, but company-specific fundamentals remain weak.
Conclusion
SWANCORP is consolidating near support with bearish momentum. Entry near ₹325–₹335 may offer tactical opportunity, but exit should be limited to ₹360–₹370. Extremely high valuations, weak profitability, and low volume participation make this a risky candidate. Short-term bias remains cautious with limited upside potential.
Would you like me to extend this into a risk-managed intraday setup (with tighter stop-loss and momentum triggers), given SWANCORP’s weak technicals?