VENTIVE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | VENTIVE | Market Cap | 14,492 Cr. | Current Price | 620 ₹ | High / Low | 845 ₹ |
| Stock P/E | 62.9 | Book Value | 202 ₹ | Dividend Yield | 0.00 % | ROCE | 7.07 % |
| ROE | 4.99 % | Face Value | 1.00 ₹ | DMA 50 | 644 ₹ | DMA 200 | 692 ₹ |
| Chg in FII Hold | -0.13 % | Chg in DII Hold | -0.07 % | PAT Qtr | 69.4 Cr. | PAT Prev Qtr | 56.8 Cr. |
| RSI | 42.9 | MACD | 1.39 | Volume | 21,024 | Avg Vol 1Wk | 24,397 |
| Low price | 542 ₹ | High price | 845 ₹ | PEG Ratio | 3.02 | Debt to equity | 0.18 |
| 52w Index | 25.6 % | Qtr Profit Var | 21.4 % | EPS | 9.80 ₹ | Industry PE | 27.0 |
📊 Chart Patterns & Trend: VENTIVE is trading below both its 50 DMA (644 ₹) and 200 DMA (692 ₹), showing weakness. Price action suggests consolidation with bearish bias between 600–645 ₹ resistance and 542 ₹ support. Trend is leaning towards reversal from highs.
📈 Moving Averages: Current price (620 ₹) is under both DMA levels, signaling short-term pressure. Sustained trading below 645 ₹ keeps bearish outlook intact.
⚖️ RSI: At 42.9, RSI is neutral-to-weak, indicating limited momentum and potential for rebound if buying emerges.
📉 MACD: Slightly positive at 1.39, hinting at mild recovery attempts but not strong enough to confirm bullish reversal.
📊 Bollinger Bands: Price is near the lower band, suggesting oversold conditions and possible bounce from 600 ₹ support zone.
📦 Volume Trends: Current volume (21,024) is slightly below 1-week average (24,397), showing reduced participation and weak conviction in price moves.
🎯 Entry Zone: 600–620 ₹ (near support).
🚪 Exit Zone: 640–660 ₹ (near resistance and 50 DMA).
📌 Momentum Signal: Short-term consolidation with weak bullish attempts. A breakout above 660 ₹ could trigger reversal, while failure to hold 600 ₹ may lead to further downside.
Positive
- ✅ ROCE (7.07%) and ROE (4.99%) show profitability, though modest.
- ✅ EPS at 9.80 ₹ supports valuation strength.
- ✅ PAT improved from 56.8 Cr. to 69.4 Cr. quarter-on-quarter.
Limitation
- ⚠️ Current price below DMA levels indicates weak momentum.
- ⚠️ High P/E (62.9) compared to industry PE (27.0) suggests steep overvaluation.
- ⚠️ PEG ratio (3.02) highlights expensive growth prospects.
Company Negative News
- 📉 Stock corrected sharply from 52-week high (845 ₹) to current levels near 620 ₹.
- 📉 FII holdings decreased by 0.13% and DII holdings by 0.07%, showing reduced institutional confidence.
Company Positive News
- 📈 PAT rose significantly quarter-on-quarter, showing earnings momentum.
- 📈 Quarterly profit variation at 21.4% highlights resilience despite correction.
Industry
- 🏭 Industry PE at 27.0 indicates sector is moderately valued compared to VENTIVE’s premium valuation.
- 🏭 Sector outlook remains steady, though valuations are stretched for growth-heavy companies.
Conclusion
🔎 VENTIVE is in a consolidation phase with bearish bias. Entry near 600–620 ₹ offers limited downside risk, while resistance at 640–660 ₹ should be watched for exits. RSI near neutral levels hints at possible rebound, but sustained weakness below DMA levels keeps trend fragile. Investors should wait for confirmation above 660 ₹ before expecting a trend reversal.