⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
SWIGGY - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.3
| Stock Code | SWIGGY | Market Cap | 82,450 Cr. | Current Price | 299 ₹ | High / Low | 474 ₹ |
| Book Value | 43.5 ₹ | Dividend Yield | 0.00 % | ROCE | -23.3 % | ROE | -91.9 % |
| Face Value | 1.00 ₹ | DMA 50 | 323 ₹ | DMA 200 | 370 ₹ | Chg in FII Hold | 3.84 % |
| Chg in DII Hold | 6.59 % | PAT Qtr | -886 Cr. | PAT Prev Qtr | -881 Cr. | RSI | 44.6 |
| MACD | -11.0 | Volume | 53,74,867 | Avg Vol 1Wk | 1,10,22,028 | Low price | 271 ₹ |
| High price | 474 ₹ | Debt to equity | 0.01 | 52w Index | 13.6 % | Qtr Profit Var | -40.4 % |
| EPS | -14.8 ₹ | Industry PE | 39.7 |
📊 Technical Analysis
- Chart Patterns: Stock has corrected sharply from highs of ₹474, currently stabilizing near ₹299 with support at ₹271–₹290 and resistance around ₹320–₹330.
- Moving Averages: Price (₹299) below both 50 DMA (₹323) and 200 DMA (₹370), confirming bearish trend.
- RSI: 44.6 — neutral to slightly oversold, suggesting limited downside.
- MACD: -11.0 — bearish crossover, momentum negative.
- Bollinger Bands: Price near lower band, oversold condition may trigger short-term bounce.
- Volume Trends: Current volume (53.7 Lakh) below 1-week average (1.10 Cr), showing reduced participation.
📈 Momentum & Signals
- Short-term Momentum: Weak, with bearish bias but oversold signals hint at possible rebound.
- Entry Zone: ₹271–₹299 (support region).
- Exit Zone: ₹320–₹330 (resistance region).
- Trend Status: Reversing from uptrend to bearish consolidation.
✅ Positive
- FII holdings increased (+3.84%).
- DII holdings increased significantly (+6.59%).
- Low debt-to-equity ratio (0.01), financially stable.
⚠️ Limitation
- No meaningful P/E ratio due to negative earnings.
- Price below both 50 DMA and 200 DMA, confirming bearish trend.
- ROCE (-23.3%) and ROE (-91.9%) extremely weak.
- EPS negative (-₹14.8), showing lack of profitability.
📉 Company Negative News
- Sequential PAT loss widened (₹-886 Cr vs ₹-881 Cr).
- Quarterly profit variation (-40.4%) highlights worsening financials.
- Weak 52-week performance (13.6%), underperforming peers.
📈 Company Positive News
- Strong institutional interest with both FII and DII increasing stakes.
- Low leverage ensures financial stability despite losses.
🍴 Industry
- Food delivery & tech sector PE at 39.7, showing moderate valuations compared to Swiggy’s negative earnings.
- Industry supported by rising demand for online food delivery and digital adoption.
🔎 Conclusion
- Swiggy is in a bearish phase, trading below key moving averages.
- Oversold RSI and Bollinger Band signals suggest potential rebound near ₹271–₹299.
- Short-term traders can accumulate near support and exit around ₹320–₹330.
- Long-term investors should be cautious due to persistent losses and weak profitability metrics despite institutional support.