Allcargo Logistics Ltd Sees Mixed Technical Signals Amid Price Momentum Shift

Technical Trend Overview and Price Movement

Allcargo Logistics Ltd (Stock ID: 968239), operating within the transport services sector, closed at ₹11.07 on 14 Jan 2026, up from the previous close of ₹10.85. The stock’s intraday range was ₹10.81 to ₹11.28, hovering near its 52-week low of ₹10.10, and significantly below its 52-week high of ₹45.65. This wide price range over the past year underscores the stock’s volatility and the steep decline it has endured.

The technical trend has shifted from a strongly bearish to a mildly bearish stance, signalling a tentative easing of downward momentum but no definitive reversal. This subtle change is reflected in the MarketsMOJO Mojo Grade, which was downgraded from Strong Sell to Sell on 13 Jan 2026, with a current Mojo Score of 34.0, indicating weak investor confidence.

MACD and Momentum Indicators

The Moving Average Convergence Divergence (MACD) remains bearish on both weekly and monthly timeframes, signalling that the stock’s longer-term momentum is still negative. The weekly MACD line continues to trade below its signal line, suggesting that downward pressure has not yet abated. Similarly, the monthly MACD confirms this bearish momentum, indicating that the stock is yet to establish a sustainable uptrend.

However, the Relative Strength Index (RSI) presents a contrasting picture. Both weekly and monthly RSI readings are bullish, implying that the stock is gaining some positive momentum and may be approaching oversold conditions. The weekly RSI has moved above the 50 mark, a threshold often interpreted as a shift from bearish to bullish momentum, while the monthly RSI supports this view with a similar upward trajectory.

Moving Averages and Bollinger Bands Analysis

Daily moving averages remain bearish, with the stock price trading below key averages such as the 50-day and 200-day moving averages. This suggests that short-term price action is still weak and that the stock has not yet broken out of its downtrend. The Bollinger Bands reinforce this bearish outlook on the weekly chart, where the price is near the lower band, indicating persistent selling pressure. On the monthly chart, Bollinger Bands show a mildly bearish stance, reflecting some contraction in volatility but no clear sign of recovery.

Additional Technical Signals: KST, Dow Theory, and OBV

The Know Sure Thing (KST) indicator remains bearish on both weekly and monthly charts, reinforcing the view that momentum is subdued. Dow Theory analysis offers a mildly bullish signal on the weekly timeframe, suggesting some short-term optimism, but no clear trend is established on the monthly scale. Meanwhile, the On-Balance Volume (OBV) indicator is bullish on the weekly chart, indicating that buying volume is increasing, though the monthly OBV shows no definitive trend, highlighting uncertainty among investors.

Comparative Performance Against Sensex

Allcargo Logistics’ returns have lagged significantly behind the benchmark Sensex across multiple time horizons. Over the past week, the stock declined by 2.55% compared to the Sensex’s 1.69% fall. The one-month return shows a sharper drop of 6.35% against the Sensex’s 1.92% decline. Year-to-date, however, the stock has gained 8.96%, outperforming the Sensex’s negative 1.87% return, suggesting some short-term recovery.

Longer-term returns paint a more challenging picture. Over one year, Allcargo Logistics has plummeted 74.01%, while the Sensex rose 9.56%. Over three and five years, the stock has declined by 85.85% and 57.35% respectively, whereas the Sensex posted gains of 38.78% and 68.97%. The ten-year return for Allcargo Logistics is a steep negative 69.81%, contrasting sharply with the Sensex’s robust 236.47% growth. These figures highlight the stock’s prolonged underperformance and structural challenges within the company or sector.

Market Capitalisation and Sector Context

With a Market Cap Grade of 3, Allcargo Logistics is categorised as a mid-sized player within the transport services sector. The sector itself has faced headwinds due to fluctuating fuel prices, regulatory changes, and evolving logistics demands. The stock’s technical indicators reflect these pressures, with bearish signals dominating the medium and long-term outlooks.

Investors should note that while some short-term technical indicators such as RSI and OBV suggest emerging bullish momentum, the overall technical landscape remains cautious. The daily moving averages and MACD continue to signal downward pressure, indicating that any rally may be limited or temporary without fundamental improvements.

Investor Takeaway and Outlook

Allcargo Logistics Ltd’s technical parameters reveal a stock at a crossroads. The shift from strongly bearish to mildly bearish trend suggests some easing of selling pressure, but the persistence of bearish MACD and moving averages signals caution. Bullish RSI and OBV readings offer glimmers of hope for a potential recovery, but these are tempered by the stock’s prolonged underperformance relative to the Sensex and sector peers.

For investors, the current technical setup advises prudence. The stock’s proximity to its 52-week low and weak market cap grade indicate elevated risk. Those considering entry should watch for confirmation of trend reversal through sustained bullish MACD crossover and moving average support. Conversely, existing holders may evaluate alternative opportunities within the transport services sector or broader market, given the availability of superior options identified through peer comparison tools.

In summary, while Allcargo Logistics shows signs of stabilising momentum, the overall technical and fundamental picture remains challenging. A cautious approach, supported by ongoing technical analysis and sector monitoring, is recommended for market participants.

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