Data Patterns (India) Ltd Shows Mixed Technical Signals Amid Price Momentum Shift

Price Momentum and Market Performance

On 29 Jan 2026, Data Patterns’ stock opened near ₹2,300 and rallied to a high of ₹2,649 before settling at ₹2,609.40, marking a significant 13.55% increase from the previous close of ₹2,297.95. This sharp intraday move highlights renewed buying interest, possibly driven by sectoral optimism in Aerospace & Defense. The stock remains below its 52-week high of ₹3,267.20 but comfortably above the 52-week low of ₹1,350.50, indicating a recovery phase over the past year.

Comparatively, Data Patterns has outperformed the Sensex over multiple time horizons. The stock delivered a 1-week return of 17.91% against the Sensex’s 0.53%, and a 1-year return of 26.23% compared to the benchmark’s 8.49%. Over three years, the stock’s cumulative return of 124.7% dwarfs the Sensex’s 38.79%, underscoring strong long-term growth relative to the broader market. However, the year-to-date return shows a slight decline of 0.55%, marginally better than the Sensex’s 3.37% fall, reflecting some recent volatility.

Technical Indicators: A Mixed Bag

The technical landscape for Data Patterns is nuanced. The daily moving averages have turned mildly bullish, signalling short-term upward momentum. This is consistent with the recent price surge and suggests that buyers are gaining control in the near term. However, weekly and monthly MACD readings remain bearish or mildly bearish, indicating that the medium- to long-term momentum is still under pressure. The weekly MACD is bearish, while the monthly MACD is mildly bearish, suggesting that the recent rally may face resistance or consolidation ahead.

RSI (Relative Strength Index) readings on both weekly and monthly charts show no clear signal, hovering in neutral zones without indicating overbought or oversold conditions. This neutrality implies that the stock is not currently stretched in either direction, allowing room for further price movement based on upcoming catalysts.

Bollinger Bands add to the mixed signals: weekly bands are mildly bearish, hinting at potential volatility or a pullback, whereas monthly bands remain sideways, reflecting a lack of decisive trend over the longer term. The KST (Know Sure Thing) indicator diverges between timeframes, bearish on the weekly but bullish on the monthly, reinforcing the idea of short-term caution amid longer-term optimism.

Volume and Trend Confirmation

On-Balance Volume (OBV) analysis reveals no clear trend on the weekly chart but shows bullish momentum on the monthly timeframe. This suggests that while short-term volume flows are indecisive, longer-term accumulation is underway, supporting the bullish case. The Dow Theory readings, however, remain mildly bearish on both weekly and monthly charts, indicating that the broader market trend may not yet fully support a sustained rally in Data Patterns.

Overall, the technical trend has shifted from sideways to mildly bullish on daily charts, signalling a tentative positive momentum shift. Yet, the mixed signals from weekly and monthly indicators counsel caution, as the stock may face resistance or consolidation before any decisive breakout.

Mojo Score and Rating Update

MarketsMOJO has recently downgraded Data Patterns’ Mojo Grade from Buy to Hold as of 1 Dec 2025, reflecting the evolving technical and fundamental outlook. The current Mojo Score stands at 64.0, indicating moderate confidence in the stock’s prospects. The Market Cap Grade is 3, suggesting a mid-tier market capitalisation relative to peers in the Aerospace & Defense sector. This rating change aligns with the mixed technical signals and recent price volatility, signalling investors to adopt a more cautious stance.

Investors should weigh the company’s strong historical returns against the current technical uncertainty. While the stock has demonstrated robust growth over the past three years, the near-term outlook is clouded by conflicting momentum indicators and a lack of clear directional confirmation from key oscillators.

Investor Takeaway and Outlook

Data Patterns (India) Ltd’s recent price action and technical parameter changes suggest a cautious but potentially constructive phase. The daily moving averages’ mild bullishness and monthly OBV’s positive trend offer some upside potential. However, bearish MACD readings on weekly and monthly charts, combined with neutral RSI and mildly bearish Bollinger Bands, indicate that the stock may encounter resistance or sideways movement in the near term.

Investors should monitor key support levels near ₹2,300 and resistance around ₹2,650 to ₹2,700. A sustained move above the recent high could confirm a stronger bullish trend, while failure to hold support may signal a return to consolidation or correction. Given the downgrade to Hold and the mixed technical signals, a balanced approach with close attention to volume and momentum indicators is advisable.

Long-term investors may find comfort in the stock’s impressive multi-year returns and sectoral tailwinds in Aerospace & Defense, but short-term traders should remain vigilant for signs of trend confirmation or reversal.

Summary of Key Technical Metrics:

• Current Price: ₹2,609.40 (up 13.55% on 29 Jan 2026)


• 52-Week Range: ₹1,350.50 – ₹3,267.20


• Daily Moving Averages: Mildly Bullish


• Weekly MACD: Bearish


• Monthly MACD: Mildly Bearish


• RSI (Weekly & Monthly): Neutral


• Bollinger Bands: Weekly Mildly Bearish, Monthly Sideways


• KST: Weekly Bearish, Monthly Bullish


• Dow Theory: Mildly Bearish (Weekly & Monthly)


• OBV: Weekly No Trend, Monthly Bullish


• Mojo Score: 64.0 (Hold, downgraded from Buy on 1 Dec 2025)

In conclusion, Data Patterns (India) Ltd is navigating a complex technical environment with a recent price momentum shift that offers both opportunities and risks. Investors should carefully analyse evolving technical signals alongside fundamental factors before making allocation decisions.

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