Technical Trend Overview and Price Movement
As of 26 Feb 2026, Suratwwala Business Group Ltd’s share price closed at ₹29.08, down from the previous close of ₹29.63. The stock traded within a range of ₹27.91 to ₹29.66 during the day, reflecting moderate intraday volatility. The 52-week high stands at ₹49.19, while the 52-week low is ₹25.18, indicating the stock is currently closer to its lower band, which may be a concern for momentum traders.
The technical trend has shifted from mildly bearish to bearish, signalling increased selling pressure. This shift is corroborated by the daily moving averages, which remain bearish, suggesting the short-term price momentum is weakening. Investors should note that the moving averages are critical in identifying trend direction, and a bearish alignment typically indicates downward price pressure.
MACD and Momentum Oscillators: Divergent Signals
The Moving Average Convergence Divergence (MACD) indicator presents a nuanced view. On a weekly basis, the MACD remains mildly bullish, hinting at some underlying positive momentum over the medium term. However, the monthly MACD is bearish, reflecting longer-term weakness. This divergence between weekly and monthly MACD readings suggests that while short-term momentum may be stabilising or improving, the broader trend remains under pressure.
The Know Sure Thing (KST) oscillator echoes this mixed sentiment, showing a mildly bullish signal on the weekly chart but bearish on the monthly timeframe. Such conflicting signals often indicate consolidation phases or potential trend reversals, warranting close monitoring by traders.
RSI and Bollinger Bands: Lack of Clear Signals
The Relative Strength Index (RSI) on both weekly and monthly charts currently offers no definitive signal, hovering in neutral territory. This absence of overbought or oversold conditions suggests the stock is neither excessively bought nor sold, which can imply a period of price consolidation or indecision among market participants.
Bollinger Bands, however, are bearish on both weekly and monthly timeframes, indicating that the stock price is trending towards the lower band. This typically signals increased volatility and potential downward pressure, reinforcing the bearish technical trend.
Volume and Dow Theory Insights
On-Balance Volume (OBV) analysis shows no clear trend on the weekly chart but a mildly bearish stance on the monthly chart. This suggests that volume flow is not strongly supporting price advances, which can be a warning sign for sustained rallies.
Dow Theory assessments add further complexity: the weekly chart is mildly bearish, while the monthly chart is mildly bullish. This split view highlights the importance of timeframe perspective in technical analysis, with short-term caution balanced by some longer-term optimism.
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Comparative Returns and Market Context
Suratwwala Business Group Ltd’s recent returns have been mixed when compared with the broader Sensex index. Over the past week, the stock outperformed with a 3.19% gain against the Sensex’s 1.74% decline. However, over longer periods, the stock has underperformed significantly. The one-month return stands at -15.07% versus the Sensex’s 0.91%, and year-to-date losses are -17.36% compared to the Sensex’s -3.46%. Over the last year, the stock has declined by 34.13%, while the Sensex gained 10.29%.
Despite these recent setbacks, Suratwwala’s longer-term performance remains impressive, with a three-year return of 40.42% slightly ahead of the Sensex’s 38.36%, and a five-year return of 292.97% vastly outperforming the Sensex’s 61.20%. This suggests that while the stock is currently facing headwinds, its historical growth trajectory has been robust.
Mojo Score and Analyst Ratings
MarketsMOJO assigns Suratwwala Business Group Ltd a Mojo Score of 52.0, placing it in the 'Hold' category. This represents an upgrade from the previous 'Sell' rating as of 24 Feb 2026, reflecting a modest improvement in the stock’s outlook. The Market Cap Grade is 4, indicating a mid-cap status with moderate liquidity and market presence.
The upgrade to 'Hold' suggests that while the stock is not currently a strong buy, it is stabilising and may offer selective opportunities for investors with a medium-term horizon. The mixed technical signals and recent price momentum shifts warrant a cautious approach, balancing potential upside against prevailing risks.
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Investor Takeaways and Outlook
Investors analysing Suratwwala Business Group Ltd should weigh the current bearish technical trend against the stock’s historical resilience and recent upgrade in rating. The bearish daily moving averages and Bollinger Bands caution against aggressive buying, while the mildly bullish weekly MACD and KST suggest potential for short-term recovery or consolidation.
Given the neutral RSI readings and mixed volume trends, the stock appears to be in a phase of indecision. Traders may consider waiting for clearer confirmation signals, such as a sustained breakout above key moving averages or a bullish crossover in MACD on the monthly chart, before committing significant capital.
Long-term investors might find value in the stock’s strong multi-year returns and upgraded Mojo Grade, but should remain vigilant to sectoral developments in realty and broader market conditions that could impact momentum.
Conclusion
Suratwwala Business Group Ltd’s technical parameters reveal a stock at a crossroads, with bearish momentum dominating short-term charts but some underlying strength visible in weekly indicators. The recent upgrade from 'Sell' to 'Hold' by MarketsMOJO reflects this nuanced outlook. Investors should adopt a balanced approach, monitoring key technical signals closely while considering the stock’s historical performance and sector dynamics.
In the current volatile realty market environment, Suratwwala’s price momentum shift underscores the importance of disciplined technical analysis combined with fundamental insights to navigate investment decisions effectively.
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