Technical Trend Evolution and Price Action
The stock closed at ₹313.35 on 24 Feb 2026, up 1.42% from the previous close of ₹308.95. Intraday, it touched a high of ₹315.30, matching its 52-week peak, while the low was ₹309.70. This proximity to the annual high underscores the stock’s strong upward momentum. Over the past week, Bank Of Baroda surged 7.11%, significantly outperforming the Sensex’s marginal 0.02% gain. The one-month return of 5.79% also eclipses the Sensex’s 2.15%, while year-to-date gains stand at 5.92% against the benchmark’s decline of 2.26%.
Longer-term performance remains impressive, with a one-year return of 49.04% compared to Sensex’s 10.60%, and a three-year return of 101.45% versus 39.74%. Over five years, the stock has delivered a staggering 261.00% gain, far outpacing the Sensex’s 67.42%. These figures highlight Bank Of Baroda’s sustained outperformance within the public sector banking space.
MACD and Momentum Indicators
The Moving Average Convergence Divergence (MACD) indicator presents a nuanced picture. On a weekly basis, the MACD remains mildly bearish, suggesting some short-term consolidation or profit-taking. However, the monthly MACD has turned bullish, signalling a longer-term positive momentum shift. This divergence between weekly and monthly MACD readings indicates that while short-term volatility may persist, the broader trend favours accumulation and upward price movement.
The Know Sure Thing (KST) indicator aligns with this view, showing a mildly bearish stance on the weekly chart but a bullish signal monthly. This mixed momentum suggests that investors should watch for potential short-term pullbacks but remain optimistic about the stock’s medium to long-term prospects.
RSI and Overbought Conditions
The Relative Strength Index (RSI) currently shows no definitive signal on both weekly and monthly timeframes. This neutral RSI reading implies that the stock is neither overbought nor oversold, providing room for further price appreciation without immediate risk of a sharp correction. The absence of RSI extremes supports the view that Bank Of Baroda’s recent gains are sustainable rather than speculative spikes.
Built for the long haul! Consecutive quarters of strong growth landed this Small Cap from Chemicals on our Reliable Performers list. Sustainable gains are clearly ahead!
- - Long-term growth stock
- - Multi-quarter performance
- - Sustainable gains ahead
Moving Averages and Bollinger Bands
Daily moving averages have turned bullish, reinforcing the positive price momentum. The stock price currently trades above its key short-term and medium-term moving averages, signalling strong buying interest. This technical alignment often precedes sustained rallies as investor confidence builds.
Bollinger Bands on both weekly and monthly charts are bullish, indicating that price volatility is expanding on the upside. The stock’s recent touch of the upper Bollinger Band suggests strong upward momentum, but also warrants monitoring for potential short-term pullbacks as prices approach resistance levels.
Volume and Dow Theory Signals
On-Balance Volume (OBV) analysis shows a mildly bullish trend on the monthly timeframe, suggesting that volume supports the price advances. However, the weekly OBV remains neutral, indicating that volume confirmation is still developing in the short term.
Dow Theory assessments reveal a bullish weekly trend, while the monthly trend remains without a clear directional signal. This mixed reading suggests that while the immediate trend is positive, investors should watch for confirmation of a sustained monthly uptrend to validate longer-term strength.
Mojo Score Upgrade and Market Positioning
Reflecting these technical improvements, Bank Of Baroda’s Mojo Score has risen to 75.0, with the Mojo Grade upgraded from Hold to Buy as of 17 Feb 2026. This upgrade signals increased confidence in the stock’s potential from a technical and fundamental perspective. Despite a Market Cap Grade of 1, indicating a relatively modest market capitalisation within its sector, the stock’s strong price momentum and technical indicators position it favourably among public sector banks.
Comparative Sector and Market Performance
Bank Of Baroda’s outperformance relative to the Sensex across multiple time horizons highlights its resilience and growth potential amid broader market fluctuations. The stock’s 10-year return of 135.78% trails the Sensex’s 255.80%, reflecting the cyclical nature of banking stocks versus the broader market. However, the recent acceleration in technical momentum suggests a potential catch-up phase, especially as the banking sector benefits from improving economic conditions and credit growth.
Thinking about Bank Of Baroda? Our real-time Verdict report breaks down everything – from financial health and peer comparison to technical signals and fair valuation for this large-cap stock!
- - Real-time Verdict available
- - Financial health breakdown
- - Fair valuation calculated
Investor Takeaway and Outlook
Bank Of Baroda’s technical parameters have clearly shifted towards a bullish posture, supported by strong moving averages, positive monthly MACD, and expanding Bollinger Bands. The neutral RSI and mixed weekly momentum indicators suggest that while short-term volatility may occur, the medium to long-term outlook remains constructive.
Investors should consider the stock’s recent outperformance relative to the Sensex and its upgraded Mojo Grade as signals of improving fundamentals and market sentiment. The stock’s proximity to its 52-week high at ₹315.30, combined with a solid volume backdrop, indicates potential for further gains, particularly if broader market conditions remain favourable.
However, cautious monitoring of weekly momentum indicators and volume trends is advisable to manage risk, especially given the mildly bearish weekly MACD and KST signals. Overall, Bank Of Baroda presents a compelling case for inclusion in portfolios seeking exposure to public sector banking with a positive technical momentum.
Summary of Key Technical Metrics:
- Current Price: ₹313.35 (up 1.42% today)
- 52-Week High/Low: ₹315.30 / ₹190.70
- MACD: Weekly Mildly Bearish, Monthly Bullish
- RSI: Neutral on Weekly and Monthly
- Bollinger Bands: Bullish on Weekly and Monthly
- Moving Averages: Daily Bullish
- KST: Weekly Mildly Bearish, Monthly Bullish
- Dow Theory: Weekly Bullish, Monthly No Trend
- OBV: Weekly No Trend, Monthly Mildly Bullish
- Mojo Score: 75.0 (Upgraded from Hold to Buy on 17 Feb 2026)
These indicators collectively suggest a favourable technical environment for Bank Of Baroda, making it a stock to watch closely in the coming weeks.
Limited Period Only. Start at Rs. 9,999 - Get MojoOne for 1 Year + 3 Months FREE (60% Off) Get 71% Off →
