Technical Trend Shift and Price Movement
On 4 Feb 2026, Suratwwala Business Group Ltd closed at ₹33.51, down 2.02% from the previous close of ₹34.20. The stock’s intraday range was relatively narrow, with a low of ₹33.51 and a high of ₹34.50. Despite this modest volatility, the technical trend has deteriorated from mildly bearish to outright bearish, signalling increased selling pressure.
The stock remains significantly below its 52-week high of ₹124.15, highlighting a prolonged downtrend, although it is comfortably above its 52-week low of ₹25.18. This wide price range over the past year emphasises the stock’s volatility and the challenges it faces in regaining upward momentum.
MACD and Momentum Indicators
The Moving Average Convergence Divergence (MACD) indicator presents a nuanced picture. On a weekly basis, the MACD remains mildly bullish, suggesting some underlying positive momentum in the short term. However, the monthly MACD is bearish, indicating that the longer-term trend is still negative. This divergence between weekly and monthly MACD readings points to a potential tug-of-war between short-term recovery attempts and sustained downward pressure.
Similarly, the Know Sure Thing (KST) indicator aligns with this mixed outlook. It is mildly bullish on the weekly chart but bearish on the monthly, reinforcing the notion that while short-term momentum may be stabilising, the broader trend remains unfavourable.
RSI and Overbought/Oversold Conditions
The Relative Strength Index (RSI) on both weekly and monthly timeframes currently shows no clear signal, hovering in neutral territory. This absence of an overbought or oversold condition suggests that the stock is neither excessively sold off nor overvalued at present, leaving room for either a rebound or further decline depending on market catalysts.
Moving Averages and Bollinger Bands
Daily moving averages have turned bearish, confirming the recent downward price momentum. The stock is trading below its key moving averages, which typically acts as resistance in the near term. Additionally, Bollinger Bands on both weekly and monthly charts are bearish, indicating that price volatility is skewed towards the downside and that the stock is likely to face continued selling pressure.
Volume and Dow Theory Signals
On-Balance Volume (OBV) readings are mildly bearish on the weekly scale but mildly bullish monthly, further illustrating the conflicting signals from volume trends. This suggests that while short-term volume supports selling, longer-term accumulation may be occurring, albeit cautiously.
Dow Theory assessments mirror this complexity, with weekly signals mildly bullish but monthly signals mildly bearish. This split reinforces the idea that the stock is at a critical juncture, with short-term optimism tempered by longer-term caution.
Comparative Performance Against Sensex
Suratwwala Business Group Ltd’s recent returns have lagged behind the broader market benchmark, the Sensex. Over the past week, the stock declined by 2.16%, while the Sensex gained 2.30%. Over one month, the stock fell 3.54% compared to the Sensex’s 2.36% loss. Year-to-date, Suratwwala is down 4.77%, underperforming the Sensex’s 1.74% decline.
Longer-term returns reveal a more mixed picture. Over one year, the stock has plummeted 71.64%, a stark contrast to the Sensex’s 8.49% gain. However, over three and five years, Suratwwala has outperformed the Sensex, delivering returns of 58.07% and an impressive 707.47% respectively, compared to the Sensex’s 37.63% and 66.63%. This highlights the stock’s volatile nature and the significant correction it has undergone recently.
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Mojo Score and Market Capitalisation Insights
Suratwwala Business Group Ltd currently holds a Mojo Score of 47.0, categorised as a Sell rating, a downgrade from its previous Hold grade as of 3 Feb 2026. This downgrade reflects the deteriorating technical and fundamental outlook for the stock. The company’s market cap grade stands at 4, indicating a relatively modest market capitalisation within its sector.
The downgrade in Mojo Grade is consistent with the bearish technical signals and the stock’s underperformance relative to the broader market. Investors should note that the current technical environment suggests caution, with limited upside potential in the near term.
Sector and Industry Context
Operating within the Realty sector, Suratwwala Business Group Ltd faces sector-specific headwinds including regulatory challenges, fluctuating demand, and macroeconomic pressures such as rising interest rates. These factors compound the technical weaknesses observed in the stock’s price action and momentum indicators.
Given the mixed technical signals and the stock’s recent price trajectory, investors may wish to compare Suratwwala’s prospects against other Realty micro-cap stocks and broader sector peers to identify more favourable risk-reward opportunities.
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Investor Takeaway and Outlook
In summary, Suratwwala Business Group Ltd is currently navigating a challenging technical landscape. The shift from mildly bearish to bearish technical trends, combined with bearish daily moving averages and Bollinger Bands, suggests that the stock may face continued downward pressure in the near term.
While weekly momentum indicators such as MACD and KST offer some mild bullish signals, these are outweighed by the bearish monthly indicators and the recent downgrade in Mojo Grade to Sell. The neutral RSI readings imply that the stock is not yet oversold, indicating potential for further declines before a meaningful recovery can be expected.
Investors should closely monitor key support levels near the 52-week low of ₹25.18 and watch for any shifts in volume patterns or technical indicators that might signal a reversal. Given the stock’s underperformance relative to the Sensex and the Realty sector’s headwinds, a cautious approach is advisable.
For those considering exposure to the Realty sector, it may be prudent to evaluate alternative stocks with stronger technical profiles and more favourable fundamental outlooks.
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