Technical Trend and Price Movement
The stock currently trades at ₹2,825.00, down 1.39% from the previous close of ₹2,864.75. Intraday volatility was evident with a high of ₹2,938.00 and a low of ₹2,815.00. Over the past 52 weeks, City Pulse Multiventures has seen a wide price range, hitting a high of ₹3,289.95 and a low of ₹1,080.00, underscoring significant price fluctuations within the year.
The recent technical trend change from sideways to mildly bullish suggests a tentative shift in market sentiment. This is supported by daily moving averages which have turned mildly bullish, indicating short-term upward momentum. However, this optimism is tempered by weekly and monthly indicators that show a more nuanced scenario.
MACD and Momentum Indicators
The Moving Average Convergence Divergence (MACD) indicator reveals a divergence in momentum across timeframes. On a weekly basis, the MACD remains mildly bearish, signalling that short-term momentum is still under pressure. Conversely, the monthly MACD has turned bullish, suggesting that longer-term momentum is improving. This divergence indicates that while the stock may face short-term headwinds, the broader trend could be stabilising or improving.
The KST (Know Sure Thing) indicator, which measures momentum across multiple timeframes, remains mildly bearish on both weekly and monthly charts. This persistent bearishness in KST highlights that despite some positive signals, the stock’s momentum is not yet decisively bullish and may face resistance in sustaining upward moves.
Relative Strength Index (RSI) and Bollinger Bands
The RSI, a key momentum oscillator, shows no clear signal on either weekly or monthly charts, indicating a neutral momentum stance. This lack of directional bias suggests that the stock is neither overbought nor oversold, leaving room for either upward or downward movement depending on market catalysts.
Bollinger Bands provide further insight into volatility and trend direction. On a weekly basis, the bands indicate a mildly bearish outlook, reflecting recent price pressure and potential consolidation. However, the monthly Bollinger Bands have shifted to mildly bullish, signalling that volatility may be contracting and the stock could be poised for a more sustained upward move over the longer term.
Volume and Dow Theory Analysis
Volume-based indicators such as On-Balance Volume (OBV) have not provided definitive signals recently, leaving volume trends ambiguous. Meanwhile, Dow Theory assessments remain mildly bearish on both weekly and monthly timeframes, suggesting that the broader market trend for City Pulse Multiventures is still under some pressure despite short-term improvements.
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Comparative Returns and Market Context
City Pulse Multiventures has delivered exceptional long-term returns relative to the Sensex benchmark. Over the past year, the stock has surged by 128.74%, vastly outperforming the Sensex’s 10.44% gain. Over three and five years, the stock’s returns have been extraordinary at 2,656.1% and 25,628.6% respectively, dwarfing the Sensex’s 38.28% and 61.92% gains over the same periods.
However, recent short-term performance has been weaker. The stock declined 7.93% over the past week and 9.27% over the last month, while the Sensex posted modest gains of 0.84% in the last month and a smaller 1.47% decline over the week. Year-to-date, City Pulse Multiventures is down 9.82%, compared to the Sensex’s 3.51% decline, reflecting some near-term profit-taking or sector-specific pressures.
Mojo Score and Analyst Ratings
The company’s current Mojo Score stands at 43.0, with a Mojo Grade of Sell, downgraded from Hold on 16 June 2025. This downgrade reflects a cautious stance by analysts, likely influenced by the mixed technical signals and recent price weakness. The Market Cap Grade is 3, indicating a mid-tier market capitalisation within its sector.
Investors should note that while the technical trend has shifted mildly bullish, the overall technical summary remains mixed, with several indicators still signalling bearish or neutral momentum. This suggests that the stock may face volatility and requires careful monitoring for confirmation of sustained upward momentum.
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Investor Takeaway and Outlook
City Pulse Multiventures Ltd’s technical landscape is characterised by a cautious transition from a sideways to a mildly bullish trend, supported by daily moving averages and monthly MACD improvements. However, the persistence of bearish signals in weekly momentum indicators and Dow Theory assessments suggests that the stock is yet to confirm a robust uptrend.
Investors should weigh the stock’s impressive long-term returns against recent short-term volatility and technical uncertainty. The neutral RSI and mixed Bollinger Bands readings imply that the stock could either consolidate further or attempt a breakout depending on sectoral developments and broader market conditions.
Given the current Mojo Grade downgrade to Sell and the mixed technical signals, a prudent approach would be to monitor for stronger confirmation of bullish momentum before committing to new positions. Those already invested may consider tightening stop-loss levels to protect gains amid near-term volatility.
Overall, City Pulse Multiventures remains a stock with significant long-term growth demonstrated, but the immediate technical outlook calls for caution and close observation of momentum indicators and price action.
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