Technical Trend Overview
Advait Energy’s technical trend has shifted from mildly bearish to bearish, a change that warrants close attention from market participants. The stock closed at ₹1,447.80 on 2 Feb 2026, down 3.92% from the previous close of ₹1,506.85. This decline comes amid a volatile trading range with a high of ₹1,559.00 and a low of ₹1,436.65 on the same day. The 52-week high remains at ₹2,419.00, while the 52-week low stands at ₹1,020.00, indicating a wide price band and significant historical volatility.
MACD and Momentum Indicators
The Moving Average Convergence Divergence (MACD) indicator presents a bearish outlook on the weekly chart, with the monthly chart showing a mildly bearish stance. This suggests that the short-term momentum is weakening more sharply than the longer-term trend, which still retains some residual strength. The bearish weekly MACD indicates that the stock’s recent price declines are supported by momentum, increasing the likelihood of further downside in the near term.
RSI and Relative Strength
The Relative Strength Index (RSI) on both weekly and monthly timeframes currently shows no clear signal, hovering in a neutral zone. This lack of a definitive RSI signal implies that the stock is neither oversold nor overbought, leaving room for further directional movement based on other technical factors. Investors should monitor RSI closely for any divergence or movement into extreme zones that could signal a reversal or acceleration of the current trend.
Moving Averages and Bollinger Bands
Daily moving averages are firmly bearish, with the stock trading below key averages such as the 50-day and 200-day moving averages. This alignment confirms the downward pressure on prices. Additionally, Bollinger Bands on both weekly and monthly charts are bearish, indicating that the stock price is trending towards the lower band, a sign of increased volatility and potential continuation of the downtrend.
KST and Dow Theory Signals
The Know Sure Thing (KST) indicator is bearish on the weekly chart and mildly bearish on the monthly chart, reinforcing the negative momentum. Meanwhile, Dow Theory analysis shows no clear trend on either weekly or monthly timeframes, suggesting indecision among broader market forces and a lack of confirmation for a sustained directional move.
Volume and On-Balance Volume (OBV)
On-Balance Volume (OBV) does not indicate any trend on weekly or monthly charts, signalling that volume flow is not strongly supporting either buying or selling pressure. This neutral volume pattern may reflect a wait-and-watch stance by investors amid the current technical uncertainty.
Comparative Returns and Market Context
Despite the recent technical weakness, Advait Energy has delivered impressive long-term returns relative to the Sensex. Over three years, the stock has surged by 306.69%, vastly outperforming the Sensex’s 35.67% gain. Over five years, the stock’s return is an extraordinary 5,572.09%, dwarfing the Sensex’s 74.40% rise. However, in the short term, the stock’s performance has been more muted, with a 1-month return of 1.18% compared to the Sensex’s -4.67%, and a year-to-date return of -0.58% versus the Sensex’s -5.28%. This divergence highlights the stock’s resilience amid broader market weakness but also underscores the current technical challenges.
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Mojo Score and Analyst Ratings
Advait Energy Transitions Limited currently holds a Mojo Score of 51.0, reflecting a Hold rating. This is an upgrade from the previous Sell grade assigned on 29 Jan 2026, signalling a modest improvement in the stock’s outlook. The Market Cap Grade is 3, indicating a mid-tier market capitalisation within its sector. The upgrade to Hold suggests that while the stock is no longer viewed as a sell, it has yet to demonstrate sufficient strength to warrant a Buy rating. Investors should weigh this cautious stance against the prevailing bearish technical signals.
Sector and Industry Positioning
Operating within the Cables - Electricals industry, Advait Energy faces sector-specific challenges including raw material cost fluctuations and competitive pressures. The sector has seen mixed performance recently, with some peers showing stronger technical and fundamental metrics. This context emphasises the importance of monitoring Advait Energy’s technical indicators closely, as sector momentum can influence individual stock trajectories.
Price Momentum and Moving Averages
The daily moving averages reinforce the bearish momentum, with the stock price consistently below the 50-day and 200-day averages. This technical alignment typically signals a downtrend and may deter short-term buyers. The gap between the current price of ₹1,447.80 and the 52-week high of ₹2,419.00 also highlights the significant correction the stock has undergone, which could either represent a buying opportunity or a warning of further downside depending on broader market conditions.
Outlook and Investor Considerations
Given the current technical landscape, investors should approach Advait Energy with caution. The bearish MACD, KST, and moving averages suggest that downward momentum may persist in the near term. However, the neutral RSI and OBV readings indicate that the stock is not yet oversold, leaving room for further price adjustments. Long-term investors may find value in the stock’s impressive historical returns and recent upgrade to Hold, but short-term traders should be wary of the prevailing technical headwinds.
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Summary
Advait Energy Transitions Limited’s technical parameters have shifted decisively towards bearish territory, with weekly MACD and KST indicators signalling weakening momentum. The stock’s daily moving averages and Bollinger Bands confirm this downtrend, while neutral RSI and OBV readings suggest no immediate oversold conditions. Despite this, the company’s long-term returns remain impressive, and the recent upgrade from Sell to Hold by MarketsMOJO reflects a cautious optimism about its prospects. Investors should balance these technical signals with fundamental analysis and sector trends before making investment decisions.
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