Himadri Speciality Chemical Sees Shift in Technical Momentum Amid Market Volatility

Nov 19 2025 08:00 AM IST
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Himadri Speciality Chemical, a key player in the specialty chemicals sector, has experienced a notable shift in its technical parameters, reflecting a change in price momentum. Recent data indicates a transition from a mildly bullish to a mildly bearish technical trend, with key indicators such as MACD and Bollinger Bands signalling caution for investors.



The stock closed at ₹450.10, down from the previous close of ₹456.25, marking a day change of -1.35%. Its 52-week trading range spans from ₹351.40 to ₹606.55, highlighting significant volatility over the past year. The daily high and low for the latest session were ₹457.60 and ₹449.25 respectively, underscoring a tight intraday range amid broader market fluctuations.




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Examining technical indicators, the weekly MACD and Bollinger Bands both reflect bearish signals, while the monthly MACD and Bollinger Bands suggest a mildly bearish stance. The daily moving averages, however, maintain a mildly bullish posture, indicating some short-term support. The KST indicator aligns with the bearish trend on a weekly basis and mildly bearish on a monthly scale. Meanwhile, the Relative Strength Index (RSI) and On-Balance Volume (OBV) show no definitive signals across weekly and monthly timeframes, suggesting a lack of strong momentum in either direction.



From a broader market perspective, Himadri Speciality Chemical’s returns contrast sharply with the Sensex benchmark. Over the past week and month, the stock recorded returns of -1.92% and -1.41% respectively, while the Sensex posted positive returns of 0.96% and 0.86%. Year-to-date figures reveal a decline of 23.05% for the stock against an 8.36% gain for the Sensex. Over a one-year horizon, the stock’s return stands at -9.80%, compared to the Sensex’s 9.48%. However, longer-term performance shows a different picture, with the stock delivering returns of 339.55% over three years, 925.28% over five years, and an impressive 2776.04% over ten years, substantially outpacing the Sensex’s respective returns of 37.31%, 91.65%, and 232.28%.




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The recent adjustment in Himadri Speciality Chemical’s technical evaluation, reflected in the Mojo Score revision to 42.0 and a grade change dated 18 Nov 2025, underscores a shift in market sentiment. The stock’s market cap grade remains at 3, indicating its mid-tier capitalisation status within the specialty chemicals sector. The Dow Theory presents a mildly bullish weekly signal but no clear trend monthly, adding to the mixed technical outlook.



Investors analysing Himadri Speciality Chemical should consider the interplay of these technical indicators alongside the stock’s historical performance and sector dynamics. The current mildly bearish technical trend suggests caution, while the longer-term returns highlight the company’s potential resilience and growth over extended periods. Monitoring daily moving averages and momentum oscillators will be crucial in assessing near-term price action and potential inflection points.






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