Name - ALKEM
Pattern - VCP
Status - Breakout and near target
Cmp - 61700
Target - 6437
SL - 5496
Fundamentals:
Here are some key financial ratios for Alkem Laboratories Limited:
Price-to-Earnings (PE) Ratio: 33.41
Price-to-Sales (P/S) Ratio: 5.41
Debt-to-Equity Ratio: 0.092
Return on Equity (ROE): 15.2%2
Net Profit Margin: 10.8%2
Enterprise Value to EBITDA: 19.52
These ratios indicate Alkem’s valuation, profitability, and financial health. The company has a relatively high PE ratio, suggesting it is valued at a premium compared to its earnings. The low debt-to-equity ratio indicates a conservative approach to leverage.
Pattern Information:
The Volatility Contraction Pattern (VCP) is a technical analysis pattern popularized by trader Mark Minervini. It is used to identify potential breakout stocks. Here’s a breakdown of the VCP:
Structure
Contractions: The pattern is characterized by a series of price contractions, where each pullback is smaller than the previous one. This indicates decreasing volatility and tightening price action.
Volume: Volume typically decreases during the contractions, showing reduced selling pressure.
Breakout: The pattern is completed when the price breaks out above the resistance level formed by the highest point of the pattern, ideally on increased volume.
Interpretation
Bullish Signal: The VCP is considered a bullish pattern, suggesting that the stock is likely to move higher after the breakout.
Entry Point: Traders often enter a position when the price breaks above the resistance level with increased volume.
Stop-Loss: A stop-loss order is usually placed below the lowest point of the last contraction to manage risk.
Pattern - VCP
Status - Breakout and near target
Cmp - 61700
Target - 6437
SL - 5496
Fundamentals:
Here are some key financial ratios for Alkem Laboratories Limited:
Price-to-Earnings (PE) Ratio: 33.41
Price-to-Sales (P/S) Ratio: 5.41
Debt-to-Equity Ratio: 0.092
Return on Equity (ROE): 15.2%2
Net Profit Margin: 10.8%2
Enterprise Value to EBITDA: 19.52
These ratios indicate Alkem’s valuation, profitability, and financial health. The company has a relatively high PE ratio, suggesting it is valued at a premium compared to its earnings. The low debt-to-equity ratio indicates a conservative approach to leverage.
Pattern Information:
The Volatility Contraction Pattern (VCP) is a technical analysis pattern popularized by trader Mark Minervini. It is used to identify potential breakout stocks. Here’s a breakdown of the VCP:
Structure
Contractions: The pattern is characterized by a series of price contractions, where each pullback is smaller than the previous one. This indicates decreasing volatility and tightening price action.
Volume: Volume typically decreases during the contractions, showing reduced selling pressure.
Breakout: The pattern is completed when the price breaks out above the resistance level formed by the highest point of the pattern, ideally on increased volume.
Interpretation
Bullish Signal: The VCP is considered a bullish pattern, suggesting that the stock is likely to move higher after the breakout.
Entry Point: Traders often enter a position when the price breaks above the resistance level with increased volume.
Stop-Loss: A stop-loss order is usually placed below the lowest point of the last contraction to manage risk.
Not
Price - 6170
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.