⚠ 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.
TIMKEN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | TIMKEN | Market Cap | 25,240 Cr. | Current Price | 3,356 ₹ | High / Low | 3,610 ₹ |
| Stock P/E | 58.6 | Book Value | 368 ₹ | Dividend Yield | 1.08 % | ROCE | 20.9 % |
| ROE | 17.0 % | Face Value | 10.0 ₹ | DMA 50 | 3,226 ₹ | DMA 200 | 3,117 ₹ |
| Chg in FII Hold | -0.45 % | Chg in DII Hold | 0.43 % | PAT Qtr | 49.8 Cr. | PAT Prev Qtr | 89.5 Cr. |
| RSI | 55.2 | MACD | 67.4 | Volume | 52,313 | Avg Vol 1Wk | 1,34,829 |
| Low price | 2,200 ₹ | High price | 3,610 ₹ | PEG Ratio | 5.40 | Debt to equity | 0.01 |
| 52w Index | 82.0 % | Qtr Profit Var | -32.9 % | EPS | 57.2 ₹ | Industry PE | 52.8 |
📊 Technical Analysis
- Chart Patterns: Stock is trading above both 50 DMA (₹3,226) and 200 DMA (₹3,117), showing strength. Support at ₹3,226, resistance around ₹3,500–₹3,610.
- Moving Averages: Current price (₹3,356) is above both averages, confirming bullish bias.
- RSI: 55.2 — moderately strong, suggesting bullish momentum but not overbought.
- MACD: 67.4 — bullish crossover, momentum positive.
- Bollinger Bands: Price near upper band, showing strong buying interest.
- Volume Trends: Current volume (52K) below 1-week average (1.34L), suggesting reduced participation but steady accumulation.
📈 Momentum & Signals
- Short-term Momentum: Strong with bullish MACD and RSI above 55.
- Entry Zone: ₹3,250–₹3,300 (near support).
- Exit Zone: ₹3,500–₹3,610 (first resistance), ₹3,700 (next resistance).
- Trend Status: Trending upward with bullish signals; reversal risk only if price falls below ₹3,226.
✅ Positive
- Strong EPS at ₹57.2, reflecting profitability.
- ROE at 17% and ROCE at 20.9% show efficient capital use.
- Low debt-to-equity ratio (0.01) indicates financial stability.
- Dividend yield of 1.08% provides investor incentive.
⚠️ Limitation
- High P/E ratio (58.6) compared to industry PE (52.8), indicating premium valuation.
- Quarterly PAT dropped (₹49.8 Cr vs ₹89.5 Cr), showing earnings volatility.
- FII holdings decreased by -0.45%, reflecting reduced foreign investor confidence.
📰 Company Negative News
- PAT declined sharply compared to previous quarter, raising concerns about earnings consistency.
- Volume participation lower than average, suggesting cautious trading activity.
🌟 Company Positive News
- DII holdings increased by 0.43%, reflecting domestic investor confidence.
- Strong fundamentals with high ROE/ROCE and low debt.
- Stock trading near 52-week high (₹3,610), showing strong long-term momentum.
🏭 Industry
- Industry PE at 52.8, slightly lower than company PE (58.6), indicating TIMKEN trades at a premium.
- Engineering and industrial bearings sector remains strong with demand from automotive and manufacturing industries.
🔎 Conclusion
- TIMKEN is trending upward with strong technical signals.
- Short-term traders may consider entry near ₹3,250–₹3,300 with exit around ₹3,500–₹3,610.
- Breakout above ₹3,610 could trigger rally towards ₹3,700.
- Long-term investors should weigh premium valuation against strong fundamentals and sector growth potential.