Crest Ventures Ltd Faces Bearish Momentum Amid Technical Downturn

Technical Momentum and Indicator Analysis

The recent technical parameter changes for Crest Ventures Ltd reveal a clear shift in price momentum. The Moving Average Convergence Divergence (MACD) indicator, a widely respected momentum oscillator, remains bearish on the weekly chart and mildly bearish on the monthly chart. This suggests that the short-term momentum is weakening, with the MACD line positioned below the signal line, indicating potential continuation of downward price pressure.

Complementing this, the Relative Strength Index (RSI) currently shows no definitive signal on both weekly and monthly timeframes, hovering in a neutral zone. This absence of a strong RSI signal implies that the stock is neither oversold nor overbought, but the lack of upward momentum is concerning given the broader bearish context.

Bollinger Bands, which measure volatility and price levels relative to moving averages, are signalling bearish trends on both weekly and monthly charts. The stock price is trading near the lower band, indicating increased volatility and a potential continuation of the downtrend. This is further supported by the daily moving averages, which are firmly bearish, with the stock price below key averages such as the 50-day and 200-day moving averages, reinforcing the negative technical outlook.

Trend and Volume Indicators

The Know Sure Thing (KST) indicator, which aggregates multiple rate-of-change calculations to identify trend changes, remains mildly bearish on both weekly and monthly charts. This suggests that while the downtrend is not yet severe, the momentum is clearly tilted towards sellers.

Interestingly, the Dow Theory analysis shows no clear trend on weekly or monthly timeframes, indicating a lack of confirmation from this classical trend-following method. Similarly, On-Balance Volume (OBV) does not exhibit a discernible trend, suggesting that volume patterns are not strongly supporting either buying or selling pressure at present.

Price Performance and Market Context

Crest Ventures Ltd is currently trading at ₹356.55, having touched a high of ₹362.80 and a low of ₹356.55 during the trading session. The stock remains well below its 52-week high of ₹450.00 and above its 52-week low of ₹304.55, reflecting a wide trading range over the past year. The day’s price change is a modest decline of 0.14%, but the weekly and monthly returns paint a more concerning picture.

Over the past week, Crest Ventures has declined by 6.65%, significantly underperforming the Sensex, which fell by only 0.98% in the same period. The one-month return is even more pronounced, with the stock down 8.93% compared to a marginal 0.14% decline in the Sensex. Year-to-date, Crest Ventures has lost 6.91%, while the Sensex has declined by 2.08%. Over the one-year horizon, the stock has fallen 6.85%, contrasting sharply with the Sensex’s robust 9.81% gain.

Despite these recent setbacks, the longer-term performance remains impressive, with a three-year return of 98.86% and a five-year return of 292.03%, both substantially outperforming the Sensex’s respective returns of 36.80% and 61.40%. Over a decade, Crest Ventures has delivered a remarkable 966.06% return, dwarfing the Sensex’s 256.90% gain. This long-term outperformance highlights the company’s growth potential, though current technical signals suggest caution.

Mojo Score and Analyst Ratings

Crest Ventures currently holds a Mojo Score of 21.0, categorised as a Strong Sell. This represents a downgrade from its previous Sell rating as of 31 Dec 2025, reflecting a deterioration in the company’s technical and fundamental outlook. The Market Capitalisation Grade stands at 4, indicating a relatively modest market cap compared to peers in the NBFC sector.

The downgrade to Strong Sell is consistent with the bearish technical signals and recent price underperformance. Investors should note that the combination of weak momentum indicators and negative price action suggests limited near-term upside potential, with downside risks prevailing.

Sector and Industry Considerations

Operating within the Non Banking Financial Company (NBFC) sector, Crest Ventures faces sector-specific challenges including regulatory scrutiny, credit risk concerns, and macroeconomic headwinds impacting lending growth. The NBFC sector has exhibited mixed performance recently, with some companies showing resilience while others struggle with asset quality pressures.

Given Crest Ventures’ technical deterioration and relative underperformance against the broader market, investors may wish to reassess their exposure to this stock within the NBFC space, especially in light of alternative opportunities.

Investor Implications and Outlook

From a technical perspective, Crest Ventures Ltd’s shift to a bearish momentum phase warrants caution. The convergence of bearish MACD signals, negative Bollinger Band positioning, and daily moving averages trending downward suggests that the stock may face further pressure in the near term. The absence of strong volume confirmation and neutral RSI readings imply that any rebounds may lack conviction.

Investors should closely monitor key support levels near the 52-week low of ₹304.55, as a breach could accelerate selling. Conversely, a sustained recovery above the 50-day moving average and a positive MACD crossover would be required to signal a reversal in trend.

Given the current technical and fundamental backdrop, a cautious stance is advisable. Long-term investors may consider the stock’s impressive multi-year returns but should remain vigilant for signs of stabilisation before increasing exposure.

In summary, Crest Ventures Ltd is navigating a challenging phase marked by deteriorating technical indicators and relative underperformance versus the Sensex. While the company’s long-term growth story remains intact, the prevailing bearish momentum and downgrade to a Strong Sell rating highlight the need for prudence among investors.

Unlock special upgrade rates for a limited period. Start Saving Now →