Allcargo Terminals Ltd Faces Technical Momentum Shift Amid Bearish Indicators

Technical Trend Overview and Price Movement

Allcargo Terminals Ltd, a player in the transport infrastructure sector, currently trades at ₹26.80, down from the previous close of ₹27.59, marking a day decline of 2.86%. The stock’s 52-week high stands at ₹40.49, while the low is ₹19.61, indicating a wide trading range over the past year. Today’s intraday range has been relatively narrow, with a high of ₹27.83 and a low of ₹26.55, reflecting subdued volatility amid the recent technical shifts.

The stock’s recent price momentum has shifted from a sideways pattern to a mildly bearish trend, as confirmed by several technical indicators. This change is significant given the stock’s underperformance relative to the broader market benchmarks. Year-to-date, Allcargo Terminals has declined by 4.69%, compared to the Sensex’s modest fall of 1.22%. Over the past year, the stock has suffered a steep 25.78% loss, while the Sensex has gained 7.72%, underscoring the stock’s relative weakness within the transport infrastructure sector.

MACD and Momentum Indicators Signal Bearishness

The Moving Average Convergence Divergence (MACD) indicator presents a mixed but predominantly bearish picture. On the weekly chart, the MACD remains bearish, indicating that the short-term momentum is weakening and the stock is likely to face selling pressure. The monthly MACD, however, currently shows no clear signal, suggesting that longer-term momentum has yet to decisively turn negative but remains vulnerable.

Complementing the MACD, the Know Sure Thing (KST) indicator on the weekly timeframe also signals bearish momentum, reinforcing the view that the stock’s price action is losing strength. This aligns with the daily moving averages, which have turned bearish, indicating that the stock is trading below key average price levels and that downward pressure may persist in the near term.

RSI and On-Balance Volume Offer Contrasting Signals

Interestingly, the Relative Strength Index (RSI) on the weekly chart is bullish, suggesting that the stock may be oversold or poised for a short-term bounce. This divergence between RSI and other momentum indicators often signals a potential pause or minor recovery within an overall bearish trend. However, the monthly RSI remains neutral with no clear directional signal, indicating that longer-term strength is lacking.

On-Balance Volume (OBV) on the weekly timeframe is mildly bullish, implying that volume trends may be supporting some accumulation despite the price weakness. Yet, the monthly OBV shows no trend, reflecting uncertainty among longer-term investors and a lack of sustained buying interest.

Moving Averages and Bollinger Bands Confirm Bearish Bias

The daily moving averages have turned bearish, with the stock price trading below its short-term and medium-term averages. This technical configuration typically signals that sellers are in control and that the stock may continue to face downward pressure unless a significant catalyst reverses the trend.

Bollinger Bands on both weekly and monthly charts are bearish, indicating that the stock price is near the lower band and volatility remains elevated. This suggests that the stock is under selling pressure and may continue to experience downside risk in the absence of positive developments.

Dow Theory and Broader Trend Assessment

According to Dow Theory, the weekly trend is mildly bullish, which contrasts with the predominantly bearish signals from other technical indicators. This mild bullishness may reflect short-term optimism or a potential consolidation phase. However, the monthly Dow Theory trend shows no clear direction, reinforcing the notion that the stock remains in a state of uncertainty over the longer term.

Comparative Performance and Market Capitalisation Insights

Allcargo Terminals Ltd’s market capitalisation grade stands at 4, reflecting its status as a micro-cap within the transport infrastructure sector. The company’s Mojo Score has deteriorated to 28.0, resulting in a downgrade from a Sell to a Strong Sell rating as of 5 January 2026. This downgrade highlights the increasing risk perceived by analysts and the need for investors to exercise caution.

When compared with the Sensex, Allcargo Terminals has underperformed significantly over multiple time horizons. While the Sensex has delivered a 3-year return of 40.53% and a 5-year return of 72.56%, Allcargo Terminals’ 1-year return is a negative 25.78%, and its year-to-date return is down 4.69%. This divergence underscores the stock’s challenges in regaining investor confidence amid sectoral and company-specific headwinds.

Investor Takeaway and Outlook

Investors in Allcargo Terminals Ltd should be mindful of the prevailing technical signals that point towards a cautious stance. The combination of bearish MACD, KST, moving averages, and Bollinger Bands suggests that the stock may continue to face downward pressure in the near term. Although the weekly RSI and OBV provide some indication of potential short-term support, these are insufficient to offset the broader negative momentum.

Given the stock’s relative underperformance against the Sensex and the downgrade to a Strong Sell rating, investors may consider reducing exposure or seeking alternative opportunities within the transport infrastructure sector or other sectors with more favourable technical and fundamental profiles.

Monitoring key support levels near the 52-week low of ₹19.61 will be critical, as a breach could accelerate selling pressure. Conversely, a sustained recovery above the daily moving averages and a positive shift in monthly MACD and RSI could signal a potential turnaround, though such a scenario currently appears distant.

Summary of Technical Ratings and Market Position

To summarise, Allcargo Terminals Ltd’s technical parameters have shifted to a mildly bearish stance, with the following key points:

• MACD weekly: Bearish; monthly: no signal


• RSI weekly: Bullish; monthly: no signal


• Bollinger Bands weekly and monthly: Bearish


• Moving averages daily: Bearish


• KST weekly: Bearish; monthly: no signal


• Dow Theory weekly: Mildly bullish; monthly: no trend


• OBV weekly: Mildly bullish; monthly: no trend

The company’s Mojo Score of 28.0 and Strong Sell grade reflect the deteriorating technical and market sentiment, signalling that investors should approach the stock with caution.

Unlock special upgrade rates for a limited period. Start Saving Now →