Quess Corp Ltd Faces Bearish Momentum Amid Technical Downgrade

Technical Trend Shift and Price Movement

The stock closed at ₹200.60 on 25 Feb 2026, down 1.38% from the previous close of ₹203.40. Intraday trading saw a narrow range between ₹197.95 and ₹200.80, indicating subdued volatility but persistent selling pressure. The 52-week high remains at ₹378.10, while the 52-week low is ₹191.00, underscoring the stock’s significant retracement over the past year.

Technically, the overall trend has shifted from mildly bearish to bearish, a development that aligns with the recent downgrade in the Mojo Grade to Sell, reflecting a deteriorating outlook. The daily moving averages are firmly bearish, with the stock trading below key averages, signalling downward momentum in the short term.

MACD and Momentum Indicators

The Moving Average Convergence Divergence (MACD) indicator presents a mixed picture. On a weekly basis, the MACD remains mildly bullish, suggesting some underlying positive momentum in the medium term. However, the monthly MACD is bearish, indicating that longer-term momentum is weakening. This divergence between weekly and monthly MACD readings highlights the stock’s struggle to sustain upward momentum amid broader market headwinds.

The Know Sure Thing (KST) indicator echoes this sentiment, showing mild bullishness on the weekly chart but bearishness on the monthly timeframe. Such conflicting signals often point to a consolidation phase or a potential trend reversal, warranting close monitoring by investors.

RSI and Bollinger Bands Analysis

The Relative Strength Index (RSI) on both weekly and monthly charts currently shows no clear signal, hovering in neutral territory. This suggests that the stock is neither overbought nor oversold, leaving room for further directional movement based on upcoming market catalysts.

Conversely, Bollinger Bands on both weekly and monthly charts are bearish, indicating that price volatility is skewed towards the downside. The stock price is closer to the lower band, which often signals increased selling pressure and potential continuation of the downtrend unless a reversal catalyst emerges.

Volume and Dow Theory Insights

On-Balance Volume (OBV) analysis reveals no clear trend on the weekly chart but shows mild bullishness on the monthly scale. This suggests that while short-term volume does not confirm a strong directional move, longer-term accumulation may be occurring, albeit insufficient to reverse the prevailing bearish momentum.

Dow Theory assessments align with the technical downgrade, with the weekly trend mildly bearish and no definitive trend on the monthly timeframe. This further reinforces the cautious stance investors should adopt given the mixed signals and prevailing downward pressure.

Comparative Performance and Market Context

Quess Corp’s recent returns have lagged behind the broader Sensex benchmark. Over the past week, the stock declined by 3.42%, compared to the Sensex’s 1.47% fall. However, over the last month, Quess Corp outperformed with a 2.4% gain versus the Sensex’s 0.84%. Year-to-date, the stock is down 2.46%, slightly better than the Sensex’s 3.51% decline.

Longer-term performance remains a concern. Over the past year, Quess Corp has suffered a steep 36.48% loss, while the Sensex gained 10.44%. Over three years, the stock has managed a modest 6.24% return, significantly underperforming the Sensex’s 38.28%. The five-year picture is more stark, with Quess Corp down 46.81% against the Sensex’s robust 61.92% gain. These figures highlight the stock’s challenges in delivering sustained shareholder value relative to the broader market.

Mojo Score and Market Capitalisation Grade

The company’s current Mojo Score stands at 46.0, reflecting a Sell rating, down from a previous Hold grade. This downgrade was effected on 24 Feb 2026, signalling a shift in analyst sentiment based on deteriorating technical and fundamental factors. The Market Cap Grade is 3, indicating a mid-tier valuation relative to peers in the Diversified Commercial Services sector.

Investors should note that the downgrade aligns with the technical indicators’ bearish signals and the stock’s underwhelming price performance. The combination of weak moving averages, bearish Bollinger Bands, and mixed momentum indicators suggests caution in the near term.

Investor Takeaway and Outlook

Given the current technical landscape, Quess Corp Ltd appears to be in a consolidation phase with a bearish bias. The daily moving averages and Bollinger Bands suggest that the stock is under selling pressure, while the mixed MACD and KST readings indicate uncertainty in medium- to long-term momentum.

Investors should weigh the stock’s recent underperformance against the broader market and sector trends. The lack of strong RSI signals implies that the stock is not yet oversold, leaving room for further downside if negative catalysts emerge. Conversely, the mild bullishness in monthly OBV hints at some accumulation, which could provide a floor if market conditions improve.

For those considering exposure to the Diversified Commercial Services sector, it is prudent to monitor Quess Corp’s technical indicators closely alongside fundamental developments. The downgrade to a Sell rating by MarketsMOJO reflects a cautious stance, recommending investors to either reduce exposure or await clearer signs of trend reversal before committing fresh capital.

Summary of Key Technical Indicators:

• MACD: Weekly mildly bullish; Monthly bearish
• RSI: Neutral on weekly and monthly charts
• Bollinger Bands: Bearish on weekly and monthly charts
• Moving Averages: Daily bearish trend
• KST: Weekly mildly bullish; Monthly bearish
• Dow Theory: Weekly mildly bearish; Monthly no trend
• OBV: Weekly no trend; Monthly mildly bullish

In conclusion, Quess Corp Ltd’s technical parameters have shifted towards a more bearish stance, reflected in its recent price action and MarketsMOJO downgrade. Investors should exercise caution and consider alternative opportunities within the sector or broader market that demonstrate stronger technical and fundamental profiles.

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