Landmark Cars Ltd Technical Momentum Shifts Amid Mixed Market Signals

Current Price Action and Market Context

As of 18 Feb 2026, Landmark Cars Ltd closed at ₹428.15, up from the previous close of ₹411.80. The intraday range saw a low of ₹410.85 and a high of ₹433.10, indicating moderate volatility. The stock remains significantly below its 52-week high of ₹674.70, while comfortably above its 52-week low of ₹306.05. This price positioning suggests a recovery attempt from recent lows but still reflects a substantial correction from peak levels.

Comparatively, Landmark Cars has underperformed the broader Sensex index over multiple time horizons. Year-to-date, the stock has declined by 9.4%, whereas the Sensex has fallen by a lesser 2.08%. Over the past year, Landmark Cars has dropped 9.48%, contrasting with the Sensex’s robust 9.81% gain. The three-year return starkly highlights the stock’s struggles, with a 30.19% loss against the Sensex’s 36.80% appreciation. This underperformance underscores sector-specific challenges and company-specific headwinds.

Technical Indicator Analysis: Mixed Signals

The technical landscape for Landmark Cars is nuanced. The Moving Average Convergence Divergence (MACD) indicator remains bearish on the weekly chart and mildly bearish on the monthly chart, signalling that downward momentum is still present but showing signs of easing. The Relative Strength Index (RSI) offers no definitive signal on either weekly or monthly timeframes, hovering in a neutral zone that neither confirms oversold nor overbought conditions.

Bollinger Bands on both weekly and monthly charts indicate a mildly bearish trend, suggesting that price volatility remains skewed towards the downside but without extreme deviations. Daily moving averages continue to reflect a bearish trend, with the stock price trading below key averages, indicating that short-term momentum has yet to decisively turn positive.

Conversely, the Know Sure Thing (KST) indicator on the weekly chart has turned mildly bullish, hinting at a potential shift in momentum that could support a recovery phase. Supporting this, Dow Theory analysis on the weekly timeframe also signals a mildly bullish trend, while monthly data remains inconclusive. The On-Balance Volume (OBV) indicator on the weekly chart shows mild bullishness, implying that buying volume is beginning to outpace selling pressure, a positive sign for potential accumulation.

Technical Trend Evolution and Implications

The technical trend for Landmark Cars has shifted from a strongly bearish to a mildly bearish stance, reflecting a tentative improvement in price momentum. This transition is significant as it suggests that while the stock remains under pressure, the intensity of selling has diminished. The weekly MACD’s bearishness paired with the monthly mild bearishness indicates that the medium-term downtrend is still intact but losing steam.

The absence of clear RSI signals implies that the stock is not currently in an extreme condition, which could mean that the market is awaiting fresh catalysts to define direction. The mildly bullish KST and Dow Theory weekly signals provide some hope for a near-term rebound, but these must be confirmed by stronger volume and price action.

Daily moving averages remaining bearish caution investors against premature optimism. The stock’s failure to break above these averages suggests resistance levels that need to be overcome for a sustained uptrend. The OBV’s mild bullishness is encouraging, indicating that accumulation may be underway, but it is not yet decisive.

Valuation and Market Capitalisation Context

Landmark Cars holds a Market Cap Grade of 3, reflecting a modest market capitalisation relative to its peers in the automobile sector. The company’s Mojo Score stands at 37.0, with a current Mojo Grade of Sell, upgraded from a Strong Sell on 13 Nov 2025. This upgrade signals a slight improvement in the company’s technical and fundamental outlook, though it remains a cautious sell recommendation.

Investors should note that the company’s recent price gains have not yet translated into a fundamental turnaround, and the stock’s relative underperformance against the Sensex over multiple periods highlights ongoing challenges. The automobile sector continues to face headwinds from supply chain disruptions, rising input costs, and shifting consumer preferences, which may weigh on Landmark Cars’ near-term prospects.

Investor Takeaway and Outlook

For investors, Landmark Cars Ltd presents a mixed technical picture. The recent upgrade from Strong Sell to Sell and the shift to a mildly bearish trend suggest that the worst may be behind the stock. However, the lack of strong bullish confirmation from key indicators such as MACD and moving averages means that caution remains warranted.

Given the stock’s underperformance relative to the Sensex and the automobile sector’s ongoing challenges, investors should closely monitor volume trends and technical signals for confirmation of a sustained recovery. A break above daily moving averages and a positive MACD crossover would be key technical triggers to watch for a potential trend reversal.

Meanwhile, the mildly bullish signals from KST, Dow Theory, and OBV on weekly charts offer some optimism that the stock could stabilise and possibly stage a measured rebound. However, until these signals strengthen and align with fundamental improvements, Landmark Cars remains a cautious sell in the current market environment.

Summary of Technical Ratings

• MACD: Weekly Bearish, Monthly Mildly Bearish
• RSI: No clear signal on weekly or monthly charts
• Bollinger Bands: Mildly Bearish on weekly and monthly
• Moving Averages: Daily Bearish
• KST: Weekly Mildly Bullish
• Dow Theory: Weekly Mildly Bullish, Monthly No Trend
• OBV: Weekly Mildly Bullish, Monthly No Trend

These mixed signals underscore the importance of a cautious approach, with investors advised to wait for clearer confirmation before increasing exposure.

Conclusion

Landmark Cars Ltd’s technical momentum has shifted from strongly bearish to mildly bearish, reflecting tentative signs of stabilisation amid a challenging sector backdrop. While some weekly indicators hint at a potential recovery, the overall technical and fundamental picture remains cautious. Investors should monitor key technical levels and volume trends closely, balancing the stock’s recent gains against its longer-term underperformance and sector headwinds.

In this environment, patience and disciplined risk management will be essential for those considering exposure to Landmark Cars Ltd.

Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →