The Death Cross, triggered on 18 Nov 2025, is a widely observed technical pattern that investors and market analysts use to gauge the underlying trend of a stock. For 63 Moons Technologies, a company operating in the Computers - Software & Consulting sector with a market capitalisation of approximately ₹3,395 crores, this development warrants close attention. The stock’s daily moving averages have aligned to suggest a weakening trend, which may influence investor sentiment and trading behaviour in the near term.
Examining the broader performance metrics, 63 Moons Technologies has exhibited mixed returns over various time frames. The stock’s one-year performance stands at 27.62%, notably outperforming the Sensex’s 9.48% return over the same period. However, more recent trends indicate challenges; the year-to-date performance shows a decline of 17.90%, contrasting with the Sensex’s positive 8.36% gain. The one-month and three-month returns also reflect negative figures of -6.34% and -25.54% respectively, while the Sensex recorded positive returns of 0.86% and 4.18% in these periods.
Our current Stock of the Month is out! This Large Cap from Automobiles - Passenger Cars emerged as the single best opportunity from our elite universe. Get the details now!
- Current monthly selection
- Single best opportunity
- Elite universe pick
From a valuation perspective, 63 Moons Technologies presents a price-to-earnings (P/E) ratio of -65.93, which contrasts sharply with the industry average P/E of 27.53. This negative P/E indicates that the company is currently reporting losses, a factor that may contribute to the cautious outlook reflected in the technical indicators. The stock’s market cap grade is rated at 3, categorising it as a small-cap stock within its sector.
Technical indicators beyond the moving averages further illustrate the stock’s current state. The Moving Average Convergence Divergence (MACD) shows bearish signals on the weekly chart and mildly bearish on the monthly chart. Bollinger Bands indicate bearishness on a weekly basis but mildly bullish tendencies monthly. The Relative Strength Index (RSI) does not currently signal any strong momentum on either weekly or monthly timeframes. Other momentum indicators such as the KST and On-Balance Volume (OBV) reflect bearish or mildly bearish trends, particularly on weekly charts, while Dow Theory analysis shows no clear trend weekly but mildly bearish monthly.
The formation of the Death Cross is often interpreted as a warning sign that the stock’s recent gains may be losing steam, and that a more prolonged downtrend could be underway. This is especially relevant given the stock’s recent negative returns over the short and medium term, despite its strong long-term performance. Over three, five, and ten years, 63 Moons Technologies has delivered substantial gains of 399.39%, 875.81%, and 629.34% respectively, significantly outpacing the Sensex’s corresponding returns of 37.31%, 91.65%, and 232.28%. This contrast highlights the current phase as a potential inflection point in the stock’s trajectory.
Considering 63 Moons Technologies ? Wait! SwitchER has found potentially better options in Computers - Software & Consulting and beyond. Compare this small-cap with top-rated alternatives now!
- Better options discovered
- Computers - Software & Consulting + beyond scope
- Top-rated alternatives ready
On the day of the Death Cross trigger, 63 Moons Technologies recorded a positive day change of 1.23%, outperforming the Sensex’s decline of 0.33%. Over the past week, the stock also showed a gain of 2.88%, compared to the Sensex’s 0.96%. These short-term positive movements may reflect market volatility or temporary buying interest, but the overarching technical signals suggest caution.
Investors analysing 63 Moons Technologies should consider the implications of the Death Cross within the context of the company’s financial health, sector dynamics, and broader market conditions. While the stock has demonstrated impressive long-term growth, the recent technical signals and valuation metrics point to a phase of potential weakness or consolidation. The Death Cross serves as a reminder to monitor the stock closely for further developments in trend direction and momentum.
In summary, the Death Cross formation in 63 Moons Technologies highlights a shift in technical momentum that may indicate a bearish trend ahead. This event, combined with recent negative returns and valuation challenges, suggests that investors should exercise prudence and closely evaluate the stock’s performance in the coming weeks and months.
Limited Time Only! Subscribe for Rs. 12,999 and get 1 Year of MojoOne + an Additional Year Completely FREE. Don't miss out on this exclusive offer. Claim Your Free Year →
