SBI Cards & Payment Services Technical Momentum Shifts Amid Market Fluctuations

Nov 19 2025 08:10 AM IST
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SBI Cards & Payment Services has experienced a nuanced shift in its technical momentum, reflecting a transition from a bullish to a mildly bullish trend. Recent technical indicators such as MACD and RSI reveal a complex picture, with weekly and monthly MACD readings showing mildly bearish signals while RSI remains neutral. This mixed technical landscape accompanies a day change of -2.37% with the stock currently trading at ₹867.85, below its previous close of ₹888.95.



The stock’s 52-week trading range spans from ₹663.20 to ₹1,023.05, indicating significant volatility over the past year. Despite this, SBI Cards & Payment Services has delivered a year-to-date return of 30.68%, substantially outperforming the Sensex’s 8.36% return over the same period. Over the last year, the stock’s return stands at 28.19%, compared to the Sensex’s 9.48%, highlighting its relative strength within the Non Banking Financial Company (NBFC) sector.




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Examining the technical indicators in detail, the Moving Averages on a daily basis suggest a mildly bullish stance, while Bollinger Bands on both weekly and monthly charts also indicate mild bullishness. Contrastingly, the weekly and monthly MACD readings lean mildly bearish, signalling a potential deceleration in upward momentum. The KST (Know Sure Thing) indicator remains bullish on both weekly and monthly timeframes, suggesting underlying strength in price momentum. Dow Theory analysis presents a mildly bearish weekly outlook but no definitive trend monthly, reflecting some uncertainty in market direction.



Volume-based indicators such as On-Balance Volume (OBV) show no clear trend weekly but a mildly bullish signal monthly, implying that buying interest may be gradually increasing over a longer horizon. The Relative Strength Index (RSI) does not currently provide a clear signal on either weekly or monthly charts, indicating that the stock is neither overbought nor oversold at present.




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From a market capitalisation perspective, SBI Cards & Payment Services holds a mid-cap status with a market cap grade of 2. The stock’s recent adjustment in evaluation, reflected in a Mojo Score of 72.0 and a grade change dated 17 Nov 2025, indicates a revision in its technical parameters. This adjustment aligns with the observed shift in technical momentum and the mixed signals from key indicators.



Comparing returns over longer periods, the stock’s 3-year return of 9.37% trails the Sensex’s 37.31%, and its 5-year return of 6.62% is below the Sensex’s 91.65%, suggesting that while recent performance has been robust, longer-term gains have been more modest relative to the broader market. The absence of 10-year return data for SBI Cards & Payment Services limits extended historical comparison.



In summary, SBI Cards & Payment Services presents a complex technical profile with a blend of mildly bullish and bearish signals across various indicators. The stock’s recent price momentum shift and evaluation adjustment warrant close monitoring by investors, particularly given its strong year-to-date and one-year returns relative to the Sensex. The interplay of moving averages, MACD, Bollinger Bands, and volume indicators suggests a cautious but watchful stance may be prudent in the current market environment.






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