TIMKEN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | TIMKEN | Market Cap | 22,814 Cr. | Current Price | 3,030 ₹ | High / Low | 3,576 ₹ |
| Stock P/E | 50.2 | Book Value | 368 ₹ | Dividend Yield | 1.19 % | ROCE | 20.9 % |
| ROE | 17.0 % | Face Value | 10.0 ₹ | DMA 50 | 3,026 ₹ | DMA 200 | 3,057 ₹ |
| Chg in FII Hold | -0.45 % | Chg in DII Hold | 0.43 % | PAT Qtr | 89.5 Cr. | PAT Prev Qtr | 104 Cr. |
| RSI | 52.1 | MACD | -14.6 | Volume | 65,983 | Avg Vol 1Wk | 49,330 |
| Low price | 2,200 ₹ | High price | 3,576 ₹ | PEG Ratio | 4.61 | Debt to equity | 0.01 |
| 52w Index | 60.4 % | Qtr Profit Var | -0.53 % | EPS | 60.5 ₹ | Industry PE | 47.4 |
📊 Chart Patterns: TIMKEN is trading at 3,030 ₹, slightly above its 50 DMA (3,026 ₹) but below the 200 DMA (3,057 ₹). The price is consolidating near key moving averages, suggesting indecision in trend direction after a pullback from its 52-week high (3,576 ₹).
📈 Moving Averages: Current price is hovering around both 50 DMA and 200 DMA, indicating consolidation. A breakout above 3,060 ₹ could confirm bullish continuation, while a breakdown below 3,000 ₹ may trigger weakness.
📉 RSI: At 52.1, RSI is neutral, suggesting balanced momentum without strong overbought or oversold signals.
📉 MACD: Negative at -14.6, showing mild bearish divergence and lack of strong buying signals.
📊 Bollinger Bands: Price is near the mid-band, reflecting consolidation. No clear breakout or breakdown signals yet.
📊 Volume Trends: Current volume (65k) is slightly higher than average weekly volume (49k), suggesting moderate participation but not strong conviction.
📌 Momentum Signals: Short-term momentum is neutral-to-weak. Support lies around 2,950–3,000 ₹, while resistance is near 3,060–3,100 ₹.
🎯 Entry Zone: 2,950–3,000 ₹ (near support, only for short-term traders with strict stop-loss).
🎯 Exit Zone: 3,060–3,100 ₹ (near resistance and 200 DMA).
🔎 Trend Status: The stock is consolidating near key averages, awaiting breakout direction.
Positive
- EPS of 60.5 ₹ indicates strong profitability.
- ROCE (20.9%) and ROE (17.0%) reflect efficient capital usage.
- Low debt-to-equity ratio (0.01) ensures financial stability.
- Dividend yield of 1.19% adds investor appeal.
Limitation
- High P/E ratio (50.2) compared to industry PE (47.4) suggests overvaluation risk.
- MACD remains negative, showing weak momentum.
- PEG ratio of 4.61 signals expensive valuation relative to growth.
- Quarterly PAT declined slightly from 104 Cr. to 89.5 Cr.
Company Negative News
- FII holdings decreased by -0.45%, showing reduced foreign investor confidence.
- Quarterly profit variation at -0.53% reflects stagnation.
Company Positive News
- DII holdings increased by 0.43%, reflecting domestic institutional support.
- Strong fundamentals with consistent profitability and dividend payouts.
Industry
- Industry PE at 47.4 suggests moderate valuations compared to TIMKEN’s higher P/E.
- Bearings and engineering sector remains stable with long-term demand outlook.
Conclusion
⚖️ TIMKEN is consolidating near its moving averages, showing indecision in momentum. Short-term traders may consider entry near 2,950–3,000 ₹ with strict stop-loss, targeting 3,060–3,100 ₹ resistance. Long-term investors should wait for a breakout above 3,100 ₹ with sustained volume before fresh positions.
Would you like me to also create a support/resistance HTML visualization so you can quickly see the trading zones at a glance?