Examining the Moving Average Convergence Divergence (MACD) reveals a mildly bearish tone on both weekly and monthly charts, indicating some underlying caution despite recent price gains. The Relative Strength Index (RSI) on weekly and monthly timeframes currently shows no definitive signal, suggesting the stock is neither overbought nor oversold at present. Meanwhile, Bollinger Bands present a contrasting picture: mildly bearish on the weekly scale but bullish on the monthly, highlighting potential volatility and a divergence in short- versus long-term price momentum.
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Further technical indicators add layers to the analysis. The Know Sure Thing (KST) oscillator signals bearishness on the weekly chart and mildly bearish on the monthly, reinforcing the cautious tone from MACD. Dow Theory readings show a mildly bullish trend weekly but no clear trend monthly, while On-Balance Volume (OBV) suggests mild bullishness weekly with no trend monthly. Daily moving averages, however, maintain a bullish posture, indicating that short-term price momentum favours upward movement.
From a broader perspective, Coromandel International’s price performance relative to the Sensex underscores its resilience. Over the past week, the stock returned 2.75% compared to the Sensex’s 0.96%. This outperformance extends across multiple horizons: a 4.20% return over one month versus 0.86% for the Sensex, and a year-to-date return of 18.93% against the benchmark’s 8.36%. Longer-term returns are even more pronounced, with a three-year return of 147.40% compared to Sensex’s 37.31%, and a five-year return of 189.66% versus 91.65%. Over a decade, the stock’s return stands at 1,100.48%, significantly outpacing the Sensex’s 232.28%.
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Coromandel International’s market capitalisation grade remains at 2, reflecting its standing within the fertilisers sector and broader market. The Mojo Score currently stands at 64.0, with a recent adjustment in evaluation noted on 31 October 2025, shifting from a previous grade to a hold status. This change aligns with the technical parameter revision triggered on 19 November 2025, reflecting the evolving technical landscape.
Investors analysing Coromandel International should weigh the mixed technical signals carefully. While daily moving averages and some weekly indicators suggest mild bullish momentum, other oscillators and monthly indicators point to caution. The stock’s strong relative returns versus the Sensex over multiple periods highlight its historical strength, yet the current technical environment advises a balanced approach. Monitoring these technical parameters alongside fundamental developments will be crucial for informed decision-making in the fertilisers sector.
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