⚠ 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.
UCOBANK - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | UCOBANK | Market Cap | 32,252 Cr. | Current Price | 25.7 ₹ | High / Low | 38.8 ₹ |
| Stock P/E | 12.3 | Book Value | 26.5 ₹ | Dividend Yield | 1.52 % | ROCE | 5.76 % |
| ROE | 8.38 % | Face Value | 10.0 ₹ | DMA 50 | 28.1 ₹ | DMA 200 | 30.8 ₹ |
| Chg in FII Hold | 0.00 % | Chg in DII Hold | -0.10 % | PAT Qtr | 740 Cr. | PAT Prev Qtr | 620 Cr. |
| RSI | 35.4 | MACD | -0.93 | Volume | 73,71,260 | Avg Vol 1Wk | 85,35,786 |
| Low price | 24.6 ₹ | High price | 38.8 ₹ | PEG Ratio | 0.32 | Debt to equity | 10.1 |
| 52w Index | 8.03 % | Qtr Profit Var | 15.8 % | EPS | 2.09 ₹ | Industry PE | 7.57 |
📊 Technical Analysis
- Chart Patterns: Stock is trading below both 50 DMA (₹28.1) and 200 DMA (₹30.8), showing weakness. Support at ₹24.6–₹25.7, resistance around ₹28–₹31.
- Moving Averages: Current price (₹25.7) is below both averages, confirming bearish bias.
- RSI: 35.4 — oversold zone, suggesting potential short-term bounce.
- MACD: -0.93 — bearish crossover, momentum negative.
- Bollinger Bands: Price near lower band, indicating oversold conditions.
- Volume Trends: Current volume (73.7L) below 1-week average (85.3L), showing reduced participation.
📈 Momentum & Signals
- Short-term Momentum: Weak, but oversold RSI hints at possible rebound.
- Entry Zone: ₹25–₹26 (near support).
- Exit Zone: ₹28–₹31 (first resistance), ₹34 (next resistance).
- Trend Status: Downtrend with oversold conditions; reversal only above ₹28–₹31.
✅ Positive
- Book value at ₹26.5 provides valuation cushion.
- Dividend yield of 1.52% offers investor incentive.
- Quarterly PAT improved (₹740 Cr vs ₹620 Cr), showing earnings growth.
- PEG ratio at 0.32 suggests attractive valuation relative to growth.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA, bearish technical setup.
- High debt-to-equity ratio (10.1) raises leverage concerns.
- ROE at 8.38% and ROCE at 5.76% reflect weak efficiency compared to peers.
📰 Company Negative News
- Stock corrected from 52-week high of ₹38.8 to current ₹25.7.
- DII holdings decreased by -0.10%, showing cautious domestic sentiment.
🌟 Company Positive News
- Quarterly profit variation at 15.8% shows operational improvement.
- EPS at ₹2.09 reflects profitability despite weak efficiency ratios.
- Stable FII holdings, indicating neutral foreign investor stance.
🏭 Industry
- Industry PE at 7.57, lower than company PE (12.3), indicating UCOBANK trades at a premium.
- Banking sector remains cyclical but supported by credit growth and government initiatives.
🔎 Conclusion
- UCOBANK is in a downtrend but oversold RSI suggests short-term bounce potential.
- Short-term traders may consider entry near ₹25–₹26 with exit around ₹28–₹31.
- Breakout above ₹31 could trigger reversal towards ₹34.
- Long-term investors should be cautious due to high leverage and weak efficiency ratios despite improving profitability and attractive PEG ratio.