Capital India Finance Technical Momentum Shifts Amid Bearish Signals

Nov 19 2025 08:07 AM IST
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Capital India Finance, a key player in the Non Banking Financial Company (NBFC) sector, has experienced a notable shift in its technical momentum, reflecting a transition from mildly bearish to bearish trends. Recent technical indicators including MACD, RSI, and moving averages reveal a complex picture of price momentum and market sentiment as the stock navigates current market conditions.



The stock closed at ₹33.00 on 19 Nov 2025, down 3.85% from the previous close of ₹34.32, with intraday prices ranging between ₹33.00 and ₹34.70. Over the past week, Capital India Finance’s stock return was -3.93%, contrasting with the Sensex’s positive 0.96% return. Monthly and year-to-date returns also show negative trends for the stock at -6.57% and -10.35% respectively, while the Sensex recorded modest gains in the same periods. Longer-term returns over three and ten years remain positive, with the stock outperforming the Sensex over three years (57.89% vs 37.31%) and significantly over ten years (710.81% vs 232.28%).




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Examining technical indicators, the Moving Average Convergence Divergence (MACD) shows a bearish signal on the weekly chart and a mildly bearish stance on the monthly chart, suggesting downward momentum in the near term. The Relative Strength Index (RSI) does not currently signal overbought or oversold conditions on either weekly or monthly timeframes, indicating a neutral momentum stance. Bollinger Bands present a bearish outlook weekly but mildly bullish monthly, reflecting some volatility and potential price compression.



Daily moving averages align with a bearish trend, reinforcing the short-term negative momentum. The Know Sure Thing (KST) indicator displays a mildly bullish signal weekly but mildly bearish monthly, highlighting mixed momentum signals across different time horizons. Dow Theory analysis also reflects this duality, with mildly bearish weekly and mildly bullish monthly interpretations. On-Balance Volume (OBV) remains bearish on both weekly and monthly charts, suggesting selling pressure outweighs buying interest.



Capital India Finance’s market capitalisation grade stands at 3, indicating a mid-tier valuation within its sector. The Mojo Score adjustment to 9.0 with a strong sell grade, revised on 12 Aug 2025, reflects a technical parameter change triggered on 19 Nov 2025. This adjustment signals a shift in evaluation metrics, emphasising caution for investors monitoring technical momentum and price action.




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From a price perspective, the stock’s 52-week high stands at ₹44.50, while the low is ₹28.99, positioning the current price closer to the lower end of this range. This proximity to the 52-week low may be indicative of prevailing bearish sentiment or consolidation phases. The divergence between short-term bearish technical signals and longer-term positive returns suggests that investors should closely monitor momentum shifts and technical indicator developments before making decisions.



In summary, Capital India Finance’s technical landscape is characterised by a predominance of bearish signals in the short term, with mixed signals across weekly and monthly indicators. The recent adjustment in its evaluation score and technical parameters underscores a shift in momentum that investors should consider alongside broader market trends and sector performance. While the stock has demonstrated strong long-term returns relative to the Sensex, current technical indicators advise a cautious approach amid ongoing price momentum changes.






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