Current Price Action and Market Context
As of 12 Jan 2026, Hero MotoCorp’s stock closed at ₹5,773.45, down 1.36% from the previous close of ₹5,853.05. The intraday range saw a high of ₹5,882.80 and a low of ₹5,750.70, indicating some volatility within the session. The stock remains below its 52-week high of ₹6,390.00 but comfortably above the 52-week low of ₹3,322.60, reflecting a resilient price base amid broader market fluctuations.
Comparatively, the stock’s recent returns have outpaced the benchmark Sensex over longer horizons. While the one-week and one-month returns were negative at -2.65% and -3.78% respectively, these declines were slightly sharper than the Sensex’s -2.55% and -1.29%. However, the year-to-date return is marginally positive at 0.06%, contrasting with the Sensex’s -1.93%. Over the past year, Hero MotoCorp has delivered a robust 39.37% return, significantly outperforming the Sensex’s 7.67%. The three-year and five-year returns stand at 109.81% and 82.73%, respectively, both well ahead of the Sensex’s 37.58% and 71.32%. Even over a decade, the stock has appreciated by 131.96%, though this trails the Sensex’s 235.19% gain.
Technical Indicator Analysis: Mixed Signals
The technical landscape for Hero MotoCorp is characterised by a blend of mildly bullish and bearish signals across various timeframes and indicators. The overall technical trend has shifted from bullish to mildly bullish, signalling a cautious optimism among traders.
On the Moving Average front, the daily charts indicate a mildly bullish stance, suggesting that short-term momentum remains positive. This is supported by the Bollinger Bands, which show a mildly bullish pattern on the weekly timeframe and a bullish pattern on the monthly timeframe, indicating that price volatility is contained within an upward channel over the longer term.
However, the MACD (Moving Average Convergence Divergence) presents a more nuanced picture. The weekly MACD is mildly bearish, implying some short-term weakening in momentum, while the monthly MACD remains bullish, signalling sustained strength over the medium term. This divergence suggests that while short-term traders may face some headwinds, the broader trend remains intact.
The RSI (Relative Strength Index) on both weekly and monthly charts currently shows no clear signal, hovering in neutral territory. This indicates that the stock is neither overbought nor oversold, providing no immediate impetus for a sharp directional move based on momentum extremes.
The KST (Know Sure Thing) indicator aligns with the MACD’s mixed signals, showing a mildly bearish trend on the weekly scale but bullish momentum monthly. This further emphasises the divergence between short-term caution and longer-term confidence.
Additional technical tools such as the Dow Theory and On-Balance Volume (OBV) also reflect this duality. The weekly Dow Theory assessment is mildly bullish, while the monthly reading shows no definitive trend. OBV is mildly bullish on the weekly timeframe but neutral monthly, suggesting that volume trends support the recent price action but lack conviction over the longer term.
Under the radar no more! This Large Cap from Cement is emerging from turnaround with solid fundamentals intact. Discover it while it's still relatively hidden!
- - Hidden turnaround gem
- - Solid fundamentals confirmed
- - Large Cap opportunity
Mojo Score Upgrade and Market Capitalisation Insights
Hero MotoCorp’s MarketsMOJO score has been upgraded from a ‘Buy’ to a ‘Strong Buy’ as of 5 Jan 2026, reflecting improved confidence in the stock’s prospects. The current Mojo Score stands at an impressive 85.0, underscoring strong fundamental and technical attributes. Despite this upgrade, the market capitalisation grade remains at 2, indicating a mid-cap status relative to the broader market.
This upgrade is significant as it signals a positive reassessment of the company’s growth trajectory and risk profile by MarketsMOJO’s quantitative models. The strong buy rating is supported by the company’s consistent outperformance relative to the Sensex over multiple time horizons, particularly the one-year and three-year periods.
Price Momentum and Moving Averages
The daily moving averages suggest a mildly bullish momentum, with short-term averages likely positioned above longer-term averages, a classic indicator of upward price pressure. This is consistent with the monthly Bollinger Bands’ bullish stance, which indicates that price volatility is contained within an upward trending channel over the medium term.
However, the weekly MACD and KST’s mildly bearish signals caution that short-term momentum may be losing steam, possibly due to profit booking or sector rotation pressures. Investors should monitor these indicators closely for confirmation of either a sustained correction or a resumption of the uptrend.
Relative Strength and Volume Trends
The RSI’s neutral readings on weekly and monthly charts suggest that the stock is currently balanced between buying and selling pressures, with no immediate risk of being overextended. Meanwhile, the mildly bullish OBV on the weekly timeframe indicates that volume trends are supporting price gains, albeit without strong conviction on the monthly scale.
These volume and momentum dynamics imply that while the stock is not currently in an overbought condition, it may require a catalyst to break decisively higher or lower in the near term.
Thinking about Hero MotoCorp Ltd.? Our real-time Verdict report breaks down everything – from financial health and peer comparison to technical signals and fair valuation for this mid-cap stock!
- - Real-time Verdict available
- - Financial health breakdown
- - Fair valuation calculated
Investor Takeaway and Outlook
Hero MotoCorp’s technical parameters indicate a stock in transition, with a shift from outright bullishness to a more tempered mildly bullish stance. The mixed signals from MACD, KST, and RSI suggest that short-term momentum is under pressure, while longer-term indicators remain constructive. This divergence highlights the importance of a cautious approach for investors, balancing the stock’s strong fundamental backdrop against near-term technical uncertainties.
Given the stock’s strong relative performance over one, three, and five years compared to the Sensex, and the recent upgrade to a ‘Strong Buy’ Mojo Grade, Hero MotoCorp remains an attractive proposition for investors with a medium to long-term horizon. However, the recent price pullback and mildly bearish weekly momentum indicators suggest that some consolidation or correction could occur before the next leg higher.
Investors should monitor key technical levels, including the daily moving averages and weekly MACD signals, for confirmation of trend direction. A sustained move above recent highs near ₹5,882 could signal renewed buying interest, while a break below the daily moving averages might indicate deeper correction risks.
Overall, Hero MotoCorp’s blend of solid fundamentals, strong relative returns, and evolving technical momentum makes it a stock to watch closely in the coming weeks.
Unlock special upgrade rates for a limited period. Start Saving Now →
