Deep Industries Gains 3.18%: Mixed Technical Signals Shape Weekly Momentum

29 Dec 2025: Bearish Momentum Amid Technical Downturn

Deep Industries began the week under pressure, closing at Rs.451.15, up 2.49% on the day but weighed down by a broader technical downturn. Despite the daily gain, technical indicators such as the MACD and Bollinger Bands signalled bearish momentum on weekly and monthly charts. The stock traded within a range of Rs.438.35 to Rs.451.00, reflecting moderate volatility. The Relative Strength Index (RSI) remained neutral, indicating no oversold or overbought extremes. The stock’s performance contrasted with the Sensex, which declined 0.41% to 37,140.23, highlighting Deep Industries’ relative resilience despite technical concerns.

30 Dec 2025: Mixed Technical Signals and Price Momentum Shift

On 30 Dec, Deep Industries experienced a notable price momentum shift, closing lower at Rs.440.25, down 2.42% from the previous day. The stock traded between Rs.424.00 and Rs.456.00, showing intraday volatility. Technical indicators presented a complex picture: the MACD remained bearish on the weekly chart but mildly bearish on the monthly, while Bollinger Bands were mildly bearish weekly and mildly bullish monthly. Daily moving averages stayed bearish, signalling short-term pressure. The Relative Strength Index (RSI) showed no clear signal, suggesting consolidation. The Sensex was nearly flat, down 0.01% at 37,135.83, underscoring the stock’s underperformance relative to the benchmark.

31 Dec 2025: Intraday High and Strong Outperformance

Deep Industries delivered its strongest performance on 31 Dec, surging 4.55% to close at Rs.460.30, with an intraday high of Rs.475. This 7.89% intraday gain significantly outpaced the Sensex’s 0.83% rise to 37,443.41. The stock traded above its 5-day, 20-day, 50-day, and 200-day moving averages, signalling short- to medium-term strength, although it remained below the 100-day average. Despite the positive price action, technical indicators remained mixed, with the MACD bearish weekly but mildly bearish monthly, and Bollinger Bands showing a mixed weekly and monthly stance. The Mojo Score remained at 37.0, reflecting a Sell rating amid ongoing caution.

1 Jan 2026: Continued Mixed Technical Signals Amid Price Momentum Shift

On the first trading day of 2026, Deep Industries closed at Rs.456.45, down 0.84% from the previous close. The stock traded between Rs.442.00 and Rs.475.00, showing intraday volatility but maintaining a generally positive momentum from the prior day. Technical indicators continued to show a mildly bearish trend overall, with the MACD bearish weekly and mildly bearish monthly, and daily moving averages remaining bearish. The Relative Strength Index (RSI) remained neutral, while On-Balance Volume (OBV) readings were mildly bullish, suggesting some accumulation. The Sensex gained 0.14% to 37,497.10, indicating a broadly positive market environment.

2 Jan 2026: Week Closes with Modest Decline

Deep Industries ended the week at Rs.454.20, down 0.49% on the day but still posting a weekly gain of 3.18%. The stock traded with a volume of 4,489 shares and closed above the week’s opening price of Rs.440.20. The Sensex closed at 37,799.57, up 0.81% on the day and 1.35% for the week. Despite the slight daily decline, Deep Industries outperformed the benchmark over the week, reflecting resilience amid mixed technical signals and sector volatility. The stock remains below its 52-week high of Rs.624.50 but comfortably above its 52-week low of Rs.386.00.

Key Takeaways from the Week

Positive Signals: Deep Industries demonstrated resilience by outperforming the Sensex with a 3.18% weekly gain despite a challenging technical backdrop. The intraday high of Rs.475 on 31 Dec 2025 marked a significant surge, supported by strong volume and price momentum above key moving averages. Mildly bullish On-Balance Volume readings on monthly charts suggest some accumulation, indicating potential support at current levels.

Cautionary Signals: The stock’s technical indicators remain mixed, with MACD and daily moving averages predominantly bearish, signalling ongoing downward pressure. The Mojo Score of 42.0 and Sell rating reflect analyst caution amid underperformance over the year-to-date and one-year periods. The Relative Strength Index’s neutral stance and bearish Bollinger Bands on weekly charts imply limited upside momentum in the near term. The stock remains well below its 52-week high, highlighting the need for sustained positive catalysts to regain previous peaks.

Conclusion

Deep Industries Ltd’s week was characterised by a complex interplay of bullish and bearish technical signals, resulting in a modest 3.18% gain that outpaced the Sensex’s 1.35% rise. The stock’s strong intraday performance on 31 Dec 2025 demonstrated potential for short-term strength, yet persistent bearish momentum and a Sell rating from MarketsMOJO counsel caution. Investors should closely monitor technical developments, particularly moving average crossovers and volume trends, alongside sector dynamics in the oil industry. While the stock’s three-year performance remains impressive, recent volatility and mixed signals suggest a cautious approach is warranted in the near term.

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