Price Performance and Market Context
Trading at ₹674.60 as of the latest session, Creative Newtech Ltd has declined by 1.06% on the day, closing well below its previous close of ₹700.50. The stock’s 52-week high stands at ₹796.00, while the 52-week low is ₹645.55, indicating that the current price is closer to the lower end of its annual range. This proximity to the low suggests limited upside momentum in the near term.
Comparatively, the stock’s recent returns lag the broader market. Over the past week, Creative Newtech has fallen 2.66%, while the Sensex gained 0.31%. The one-month return shows a sharper decline of 7.36% against the Sensex’s 2.51% loss, and year-to-date, the stock is down 6.34%, nearly double the Sensex’s 3.11% decline. These figures highlight the stock’s underperformance amid a mixed market environment.
Technical Indicators Signal Momentum Shift
The technical landscape for Creative Newtech has shifted markedly. The overall trend assessment has moved from sideways to mildly bearish, reflecting a subtle but important change in investor sentiment. The Dow Theory, a classical market trend indicator, confirms this shift with a mildly bearish stance on both weekly and monthly charts.
Moving averages on the daily timeframe have turned negative, with the stock price now trading below key averages, signalling potential resistance ahead. This is corroborated by the Moving Average Convergence Divergence (MACD) indicator, which, although not explicitly quantified here, is understood to be weakening on weekly and monthly scales, indicating diminishing bullish momentum.
The Relative Strength Index (RSI), a momentum oscillator, also reflects this trend. While exact values are not provided, the weekly and monthly RSI readings suggest a loss of upward momentum, moving away from overbought conditions towards a more neutral or slightly oversold zone. This transition often precedes further price weakness if confirmed by volume and other indicators.
Only 1% make it here. This Large Cap from the Gems, Jewellery And Watches sector passed our rigorous filters with flying colors. Be among the first few to spot this gem!
- - Highest rated stock selection
- - Multi-parameter screening cleared
- - Large Cap quality pick
Bollinger Bands and Volume Trends
Bollinger Bands on weekly and monthly charts indicate a contraction in price volatility, often a precursor to a breakout or breakdown. Currently, the bands are narrowing, suggesting that the stock is consolidating but with a bearish bias given the other technical signals.
On-balance volume (OBV) analysis shows no clear trend on the weekly and monthly scales, implying that volume is not confirming the price moves decisively. This lack of volume support can undermine the strength of any rally and may contribute to further downside risk.
KST Indicator and Dow Theory Confirmation
The Know Sure Thing (KST) indicator, a momentum oscillator that aggregates multiple rate-of-change calculations, aligns with the broader technical picture. Both weekly and monthly KST readings suggest weakening momentum, reinforcing the mildly bearish outlook.
Dow Theory’s mildly bearish classification on weekly and monthly charts further validates the technical downgrade. This classical approach, which analyses market trends through price action and volume, signals that the stock is more likely to experience downward pressure in the near term.
Mojo Score and Grade Revision
Creative Newtech’s Mojo Score currently stands at 48.0, reflecting a below-average technical and fundamental profile. The recent downgrade from a Hold to a Sell grade on 27 January 2026 underscores the deteriorating outlook. The Market Cap Grade remains low at 4, indicating limited market capitalisation strength relative to peers.
These ratings are consistent with the technical indicators and price action, suggesting investors should exercise caution. The downgrade signals that the stock may face headwinds and that risk-adjusted returns could be unfavourable in the short to medium term.
Long-Term Performance and Sector Context
While short-term momentum is weak, it is important to contextualise Creative Newtech’s performance over longer horizons. The stock lacks available return data for one, three, five, and ten-year periods, but the Sensex’s robust gains of 7.88% (1Y), 39.16% (3Y), 78.38% (5Y), and 231.98% (10Y) highlight the broader market’s strength. This contrast emphasises the stock’s relative underperformance within the miscellaneous sector.
Investors should weigh this against sector dynamics and company-specific factors before making allocation decisions.
Is Creative Newtech Ltd your best bet? SwitchER suggests better alternatives across peers, market caps, and sectors. Discover stocks that could deliver more for your portfolio!
- - Better alternatives suggested
- - Cross-sector comparison
- - Portfolio optimization tool
Investor Takeaway
Creative Newtech Ltd’s recent technical deterioration and downgrade to a Sell grade reflect a cautious outlook amid weakening price momentum and underperformance relative to the Sensex. The mildly bearish trend, confirmed by multiple technical indicators including MACD, RSI, moving averages, and Dow Theory, suggests that the stock may face further downside pressure in the near term.
Investors should monitor key support levels near ₹645.55, the 52-week low, and watch for any volume confirmation that could signal a reversal. Until then, the prevailing technical signals advise prudence, particularly given the stock’s lagging returns and modest market capitalisation grade.
For those seeking alternatives, tools that compare cross-sector opportunities and identify higher-quality picks may provide better risk-adjusted returns in the current market environment.
Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →
