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Name - SBC
Pattern - Volatility Contraction Pattern (VCP)
Timeframe - Daily
Status - Breakout
Volume - Very good volume
Cmp - 35.33
Target - 45
SL - 32
SBC Stock gave breakout on 5th Sep with very good volume.
Currently it looks like retesting the breakout level -32.
The VCP is a chart pattern that shows a series of price contractions, where each contraction is smaller than the previous one. This pattern typically forms during a consolidation phase after a significant price move. The idea is that as volatility decreases, the stock is preparing for a breakout.
The company has shown a good profit growth of 74.06% for the Past 3 years.
The company has shown a good revenue growth of 19.74% for the Past 3 years.
Company’s PEG ratio is 0.86.
The company has an efficient Cash Conversion Cycle of 53.09 days.
Promoter pledging has increased from 16.22% to 18.24% in 1 quarter.
Company has negative cash flow from operations of -11.79.
The company has a low EBITDA margin of 3.60% over the past 5 years.
The company is trading at a high PE of 84.37.
The company is trading at a high EV/EBITDA of 54.49.
Name - SBC
Pattern - Volatility Contraction Pattern (VCP)
Timeframe - Daily
Status - Breakout
Volume - Very good volume
Cmp - 35.33
Target - 45
SL - 32
SBC Stock gave breakout on 5th Sep with very good volume.
Currently it looks like retesting the breakout level -32.
Pine Script®
What is the Volatility Contraction Pattern (VCP)?
The VCP is a chart pattern that shows a series of price contractions, where each contraction is smaller than the previous one. This pattern typically forms during a consolidation phase after a significant price move. The idea is that as volatility decreases, the stock is preparing for a breakout.
Pine Script®
Strengths
The company has shown a good profit growth of 74.06% for the Past 3 years.
The company has shown a good revenue growth of 19.74% for the Past 3 years.
Company’s PEG ratio is 0.86.
The company has an efficient Cash Conversion Cycle of 53.09 days.
Pine Script®
Limitations
Promoter pledging has increased from 16.22% to 18.24% in 1 quarter.
Company has negative cash flow from operations of -11.79.
The company has a low EBITDA margin of 3.60% over the past 5 years.
The company is trading at a high PE of 84.37.
The company is trading at a high EV/EBITDA of 54.49.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.