Alldigi Tech Ltd Sees Technical Momentum Shift Amid Mixed Market Signals

Price Performance and Market Context

Currently trading at ₹867.55, up from the previous close of ₹854.25, Alldigi Tech has shown resilience in the short term with a one-week return of 5.29%, significantly outperforming the Sensex’s marginal decline of 0.26% over the same period. The one-month return also remains positive at 3.54%, compared to the Sensex’s 0.53% drop. Year-to-date, the stock has gained 1.56%, slightly ahead of the Sensex’s flat performance.

However, the longer-term picture is less favourable. Over the past year, Alldigi Tech has declined by 11.10%, contrasting with the Sensex’s robust 8.51% gain. Despite this, the stock’s three-year and five-year returns remain impressive at 68.90% and 194.83% respectively, comfortably outpacing the Sensex’s 40.02% and 77.96% gains. Over a decade, the stock has delivered a remarkable 510.52% return, more than doubling the Sensex’s 225.63% growth, underscoring its long-term growth credentials.

Technical Indicator Analysis

Alldigi Tech’s technical landscape presents a nuanced picture. The overall technical trend has shifted from bearish to mildly bearish, reflecting a tentative improvement but still signalling caution. The Moving Average Convergence Divergence (MACD) indicator remains bearish on the weekly chart, indicating that downward momentum persists in the near term. On the monthly chart, the MACD is mildly bearish, suggesting a potential easing of selling pressure but no definitive bullish reversal yet.

The Relative Strength Index (RSI), a momentum oscillator, shows no clear signal on both weekly and monthly timeframes, hovering in a neutral zone. This lack of RSI confirmation implies that the stock is neither overbought nor oversold, which may contribute to the subdued momentum and indecision among traders.

Bollinger Bands, which measure volatility and price levels relative to moving averages, are mildly bearish on both weekly and monthly charts. This suggests that the stock price is trading near the lower band, indicating potential downward pressure but also the possibility of a stabilisation or reversal if volatility contracts.

Moving Averages and Trend Confirmation

The daily moving averages for Alldigi Tech are mildly bearish, indicating that short-term price momentum is slightly negative. This aligns with the weekly KST (Know Sure Thing) indicator, which remains bearish, while the monthly KST is mildly bearish. The KST’s bearish readings reinforce the notion that the stock’s momentum is subdued and may face resistance in mounting a sustained rally.

Dow Theory analysis shows a mildly bearish trend on the weekly chart, with no clear trend on the monthly timeframe. This mixed signal suggests that while short-term price action is under pressure, the longer-term trend remains uncertain, requiring further confirmation from price movements and volume.

On-Balance Volume (OBV), a volume-based indicator used to confirm price trends, is mildly bearish on the weekly chart and shows no trend on the monthly chart. This indicates that volume is not strongly supporting upward price moves, which could limit the stock’s ability to break decisively higher in the near term.

Valuation and Market Capitalisation

Alldigi Tech holds a Market Cap Grade of 3, reflecting a mid-tier market capitalisation within its sector. The company’s Mojo Score stands at 45.0, with a recent downgrade from Hold to Sell on 22 September 2025. This downgrade reflects the deteriorating technical outlook and cautious sentiment among analysts, despite the company’s solid long-term fundamentals.

Investors should weigh these technical signals alongside fundamental factors before making investment decisions. The stock’s recent price action, combined with mixed technical indicators, suggests a period of consolidation or mild correction may be underway.

Outlook and Investor Considerations

Given the current mildly bearish technical stance, investors should approach Alldigi Tech with caution. The absence of strong bullish signals from momentum indicators such as RSI and MACD, combined with mildly bearish moving averages and volume trends, suggests limited upside in the near term.

However, the stock’s strong historical returns over three, five, and ten years highlight its potential as a long-term growth candidate. Investors with a higher risk tolerance may consider accumulating on dips, particularly if the stock approaches its 52-week low of ₹702.00, which could offer a more attractive entry point.

Conversely, short-term traders might prefer to wait for clearer confirmation of trend reversal, such as a bullish crossover in MACD or a sustained RSI move above 50, before initiating new positions.

Overall, Alldigi Tech’s technical profile reflects a stock in transition, with momentum indicators signalling caution but not outright bearishness. Monitoring upcoming price action and volume will be critical to assess whether the stock can regain bullish momentum or if further downside is likely.

Summary of Key Technical Metrics:

• MACD: Weekly Bearish, Monthly Mildly Bearish


• RSI: No clear signal on weekly and monthly charts


• Bollinger Bands: Mildly Bearish on weekly and monthly


• Moving Averages: Daily Mildly Bearish


• KST: Weekly Bearish, Monthly Mildly Bearish


• Dow Theory: Weekly Mildly Bearish, Monthly No Trend


• OBV: Weekly Mildly Bearish, Monthly No Trend

Investors should continue to monitor these indicators alongside fundamental developments and broader market conditions to make informed decisions regarding Alldigi Tech Ltd.

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