UTIAMC - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.2

Here’s a detailed technical analysis of UTI Asset Management Company Ltd (UTIAMC)

📊 Trend Overview

Current Trend: The stock is in a strong uptrend, steadily climbing from its 52-week low of ₹905 and approaching its high of ₹1,495.

Price Action: Trading at ₹1,370, above both the 50-DMA (₹1,331) and 200-DMA (₹1,221), confirming bullish momentum and trend strength.

📈 Momentum Indicators

RSI (57.7): In the bullish-neutral zone. Indicates healthy momentum with room for further upside before overbought levels.

MACD (4.37): Positive and above the signal line, confirming bullish crossover and continued upward momentum.

Volume: Current volume (54.9K) is slightly below the 1-week average (74.6K), suggesting momentum is intact but not yet backed by strong participation.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 1,331 Support

200-DMA 1,221 Strong Support

Current Price 1,370 Above both DMAs

📌 Bollinger Bands

Price is near the upper band, suggesting strong momentum but potential short-term resistance.

A breakout above ₹1,380–₹1,400 could trigger a rally toward ₹1,450+.

🧭 Support & Resistance Zones

Immediate Support: ₹1,330–₹1,340 zone

Major Support: ₹1,300, then ₹1,221 (200-DMA)

Immediate Resistance: ₹1,380–₹1,400 zone

Major Resistance: ₹1,450–₹1,495 (52-week high)

🎯 Entry & Exit Zones

Optimal Entry: ₹1,330–₹1,345 (on pullback with MACD confirmation)

Exit Zone: ₹1,450–₹1,495 (first resistance), ₹1,520+ if momentum sustains

🔍 Conclusion

UTIAMC is trending upward with strong MACD and RSI signals. Price action above key moving averages confirms bullish sentiment. A breakout above ₹1,400 with volume could signal further upside, while a pullback to ₹1,330–₹1,345 offers a favorable entry. The stock remains in a bullish trend with mild consolidation near resistance.

Let me know if you’d like a comparison with other asset management firms like Nippon Life or HDFC AMC!

Edit in a page