YESBANK - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:55 pm

Technical Rating: 3.2

📊 Chart & Trend Analysis:

YESBANK is trading at ₹21.7, slightly below its 50 DMA (₹22.1) but above its 200 DMA (₹21.0), indicating a neutral-to-bearish short-term setup. RSI at 37.4 suggests the stock is approaching oversold territory. MACD at -0.27 shows bearish crossover, signaling weakness. Bollinger Bands place the price near the lower band, reflecting downside pressure. Current volume (42.1 Cr. shares) is below the 1-week average (53.3 Cr.), showing reduced participation and lack of strong buying momentum.

🔎 Momentum Signals:

- Short-term momentum: Bearish-to-neutral.

- Support levels: ₹21.0 (DMA 200), ₹20.0, ₹16.0 (major support).

- Resistance levels: ₹22.5, ₹23.5, ₹24.3 (recent high).

- Optimal entry zone: ₹20.5–21.5.

- Optimal exit zone: ₹23.0–24.0.

- Current phase: Consolidation with bearish undertone.

Positive

• FII holding increased significantly (+20%), showing strong foreign investor confidence.
• PEG ratio of 0.78 suggests valuation is supported by growth prospects.
• EPS of ₹0.89 reflects profitability despite challenges.
• 52-week index at 68.6% indicates decent performance compared to broader market.

Limitation

• High debt-to-equity ratio (7.28) raises financial risk concerns.
• ROCE (6.34%) and ROE (5.38%) highlight weak capital efficiency.
• Stock trading below 50 DMA confirms short-term weakness.
• Dividend yield of 0.00% reduces investor appeal.

Company Negative News

• DII holding decreased sharply (-19.5%), reflecting reduced domestic institutional confidence.
• Quarterly PAT declined from ₹801 Cr. to ₹654 Cr., showing earnings weakness.

Company Positive News

• Quarterly profit variation (+18.3%) shows improvement compared to previous periods.
• Strong FII inflows (+20%) highlight foreign investor trust.

Industry

• Industry P/E at 14.7 is lower than YESBANK’s (24.3), suggesting peers trade at more attractive valuations.
• Banking sector outlook remains stable but competitive, with focus on asset quality and profitability.

Conclusion

⚠️ YESBANK is consolidating with bearish undertone, trading below its 50 DMA but supported by 200 DMA. Entry near ₹20.5–21.5 offers limited risk-reward, while exits around ₹23.0–24.0 are optimal. Strong foreign investor support balances out weak domestic sentiment and high debt levels. Short-term trend remains sideways-to-down, with rebound potential if buying interest improves.