Allcargo Gati Faces Technical Trend Shifts Amidst Ongoing Market Challenges

Allcargo Gati, a microcap player in the logistics industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 60.92, slightly down from the previous close of 60.99. Over the past year, Allcargo Gati has faced significant challenges, with a return of -44.39%, contrasting sharply with the Sensex's gain of 7.90% during the same period.
In terms of technical indicators, the weekly MACD suggests a mildly bullish outlook, while the monthly perspective remains bearish. The Relative Strength Index (RSI) shows no signals for both weekly and monthly assessments. Bollinger Bands indicate a bearish trend on the weekly chart and a mildly bearish stance monthly. Moving averages reflect a mildly bearish trend on a daily basis, while the KST and Dow Theory present bearish and neutral trends, respectively.

The company's performance over various time frames reveals a stark contrast to the Sensex, particularly in the longer term, where it has seen a -63.38% return over three years compared to the Sensex's 41.29% increase. This evaluation adjustment highlights the ongoing challenges faced by Allcargo Gati in a competitive logistics landscape.