Excelcrop Technical analysis

NSE: EXCELCROP Technical Analysis

On 21 June 2017
CMP 1787
Last week range 1740-1800
52 W HIGH 2000
52 W LOW 1217
TARGET 3400-3600

EXCELCROP Technical analysisEXCELCROP Technical Analysis based on few paramters: The stock has made its highest point near 2000 level in November 2016. It’s over 6 months and the stock has become stagnant around this level in the small range of 150 points Weekly chart analysis shows that volatility term. The breakout can happen any day as Chances of volatility burst have risen. The stock is near its long-term trend line (Blue) and is expected to take a fresh support here.Breakout level on the upside is. Weekly chart analysis shows that volatility has dropped considerably in last few months.

The stock is hovering in a range-bound pattern. The breakout can happen any day as Chances of volatility burst have risen. The stock is near its long-term trend line (Blue) and is expected to take a fresh support here.Breakout level on the upside is a range-bound pattern. The breakout can happen any day as Chances of volatility burst have risen. The stock is near its long-term trend line (Blue) and is expected to take a fresh support here.Breakout level on the upside is trend line (Blue) and is expected to take a fresh support here.Breakout level on the upside is 1900 and breakdown level on the downside is around 1650. In my view, the stock should be touched only after confirmation of any of these levels.Traders can put this stock and its levels in their watchlists. Because whichever side it will break will give at least a 25-30% move in a short period of time.Technically. Traders can put this stock and its levels in their watchlists. Because whichever side it will break will give at least a 25-30% move in a short period of time.

  • Relative Strength Index (RSI): The current Value is 56 on Weekly charts.
  • MACD: The fast MA is about to come up from below on Weekly charts.
Fundamentally:

Good Points:

  • The Company is virtually debt free.
  • Promoters have increased their stakes lately in the company.
  • The Company has been giving a healthy dividend payout of 21.6%.

Demerits:

  • The company has delivered a poor growth of 3.9% over past 5 years.

 

Technical Levels Short Term Mid-Term Long Term
Trend Neutral Neutral Bullish
Resistance 1 830 1 830 1900
Spread/Res. -2.20% -2.20% -5.80%
Spread/Supp. 5.30% 11% 17%
Support 1700 1610 1534

 

Key stats and ratios

2017
Net profit margin 7.74%
Operating margin 10.27%
EBITD margin 9.98%
Return on average assets 10.74%
Return on average equity 17.94%
Employees 1,081
CDP Score


Disclaimer: EXCELCROP technical analysis is for study purpose only, This should not be taken as a trade recommendation. I do not have any responsibility for your profits or losses.

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