UTIAMC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.0
| Stock Code | UTIAMC | Market Cap | 12,712 Cr. | Current Price | 987 ₹ | High / Low | 1,495 ₹ |
| Stock P/E | 17.8 | Book Value | 276 ₹ | Dividend Yield | 2.64 % | ROCE | 23.7 % |
| ROE | 17.5 % | Face Value | 10.0 ₹ | DMA 50 | 1,101 ₹ | DMA 200 | 1,184 ₹ |
| Chg in FII Hold | -0.35 % | Chg in DII Hold | 0.29 % | PAT Qtr | 207 Cr. | PAT Prev Qtr | 166 Cr. |
| RSI | 34.5 | MACD | -41.0 | Volume | 56,521 | Avg Vol 1Wk | 1,40,547 |
| Low price | 905 ₹ | High price | 1,495 ₹ | PEG Ratio | 1.11 | Debt to equity | 0.00 |
| 52w Index | 13.8 % | Qtr Profit Var | 45.3 % | EPS | 49.2 ₹ | Industry PE | 25.3 |
📊 Chart Patterns: UTIAMC is trading at 987 ₹, below both 50 DMA (1,101 ₹) and 200 DMA (1,184 ₹). The price has corrected sharply from its 52-week high (1,495 ₹) and is consolidating near its 52-week low (905 ₹), reflecting weak momentum.
📈 Moving Averages: Current price is under both short-term and long-term averages, confirming bearish sentiment. A breakout above 1,100–1,120 ₹ could indicate recovery, while failure to hold 970–980 ₹ may trigger further downside.
📉 RSI: At 34.5, RSI indicates weak momentum, leaning towards oversold territory and suggesting potential short-term support.
📉 MACD: Strongly negative at -41.0, showing bearish divergence and lack of buying strength.
📊 Bollinger Bands: Price is near the lower band, indicating oversold conditions and possible short-term rebound.
📊 Volume Trends: Current volume (56k) is significantly lower than average weekly volume (1.40 lakh), suggesting reduced participation and cautious sentiment.
📌 Momentum Signals: Short-term momentum remains bearish. Support lies around 970–980 ₹, while resistance is near 1,100–1,120 ₹.
🎯 Entry Zone: 970–990 ₹ (near support, only for short-term traders with strict stop-loss).
🎯 Exit Zone: 1,100–1,120 ₹ (near 50 DMA resistance).
🔎 Trend Status: The stock is consolidating with bearish bias, awaiting breakout direction.
Positive
- EPS of 49.2 ₹ indicates strong profitability.
- ROCE (23.7%) and ROE (17.5%) reflect efficient capital usage.
- Quarterly PAT improved from 166 Cr. to 207 Cr. (45.3% growth).
- DII holdings increased by 0.29%, showing domestic institutional support.
- Dividend yield of 2.64% provides shareholder returns.
Limitation
- Stock trading below both 50 DMA and 200 DMA shows weak technical strength.
- MACD remains strongly negative, showing weak momentum.
- 52-week performance index at 13.8% reflects underperformance.
- High P/E ratio (17.8) compared to industry PE (25.3) suggests limited upside.
Company Negative News
- FII holdings decreased by -0.35%, showing reduced foreign investor confidence.
- Stock price corrected sharply from 1,495 ₹ high to current levels.
Company Positive News
- Quarterly PAT growth signals strong operational improvement.
- DII holdings increased, reflecting domestic institutional support.
Industry
- Industry PE at 25.3 suggests sector trades at moderate valuations compared to UTIAMC’s P/E of 17.8.
- Asset management sector remains resilient with long-term demand outlook.
Conclusion
⚠️ UTIAMC is consolidating with a bearish bias, trading below key moving averages and showing weak momentum. Oversold RSI suggests potential short-term support. Short-term traders may consider entry near 970–990 ₹ with strict stop-loss, targeting 1,100–1,120 ₹ resistance. Long-term investors should wait for a breakout above 1,101 ₹ (50 DMA) with sustained volume before fresh positions.