⚠ 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.
YESBANK - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | YESBANK | Market Cap | 59,433 Cr. | Current Price | 18.9 ₹ | High / Low | 24.3 ₹ |
| Stock P/E | 18.9 | Book Value | 16.0 ₹ | Dividend Yield | 0.00 % | ROCE | 6.34 % |
| ROE | 5.38 % | Face Value | 2.00 ₹ | DMA 50 | 20.7 ₹ | DMA 200 | 21.0 ₹ |
| Chg in FII Hold | 0.79 % | Chg in DII Hold | 0.33 % | PAT Qtr | 952 Cr. | PAT Prev Qtr | 654 Cr. |
| RSI | 32.2 | MACD | -0.66 | Volume | 6,99,33,090 | Avg Vol 1Wk | 9,94,09,690 |
| Low price | 16.1 ₹ | High price | 24.3 ₹ | PEG Ratio | 0.61 | Debt to equity | 7.09 |
| 52w Index | 34.8 % | Qtr Profit Var | 55.4 % | EPS | 1.00 ₹ | Industry PE | 14.8 |
📊 Technical Analysis
- Chart Patterns: Price is below both 50 DMA (₹20.7) and 200 DMA (₹21.0), showing weakness.
- RSI: At 32.2, oversold territory, suggesting possible support but still bearish.
- MACD: Negative (-0.66), confirming bearish momentum.
- Bollinger Bands: Price near lower band, indicating selling pressure.
- Volume Trends: Current volume (6.99 Cr.) below 1-week average (9.94 Cr.), showing reduced participation.
📈 Momentum & Signals
- Short-term Momentum: Weak, bearish bias.
- Support Zone: ₹16.1 – ₹18.9 (recent low and current price).
- Resistance Zone: ₹20.7 – ₹21.0 (DMA levels).
- Optimal Entry: Around ₹16.1–₹18.9 if support holds.
- Optimal Exit: Near ₹20.7–₹21.0 unless breakout occurs.
- Trend Status: Reversing downward after prolonged weakness.
✅ Positive
- Quarterly PAT improved from ₹654 Cr. to ₹952 Cr. (+55.4%).
- EPS at ₹1.00, showing earnings base.
- PEG ratio of 0.61, suggesting fair valuation relative to growth.
- Dividend yield of 5.66%, attractive for income investors.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA.
- ROCE (6.34%) and ROE (5.38%) relatively weak.
- Debt-to-equity at 7.09, very high leverage.
📉 Company Negative News
- High debt levels raise financial risk.
- Stock price has fallen sharply from 52-week high of ₹24.3 to current ₹18.9.
📈 Company Positive News
- FII holding increased (+0.79%), showing foreign investor confidence.
- DII holding increased (+0.33%), showing domestic support.
- Quarterly PAT growth indicates operational improvement.
🏭 Industry
- Industry P/E at 14.8, lower than company’s 18.9, suggesting sector is cheaper.
- Sector growth moderate with 34.8% index gain in 52 weeks.
🔎 Conclusion
YESBANK is showing bearish technical signals, trading below both 50 DMA and 200 DMA with oversold RSI and negative MACD. Despite improved quarterly profits and attractive dividend yield, fundamentals remain weak with high leverage and modest efficiency. Short-term traders should watch ₹16.1–₹18.9 as support and ₹20.7–₹21.0 as resistance. The stock is currently reversing downward, and sustained movement above ₹21.0 would be needed to signal recovery.