Viviana Power Tech Ltd Faces Bearish Momentum Amid Technical Downgrade

Technical Trend Shift and Price Momentum

Over the past week, Viviana Power’s stock has seen a sharp decline of 12.65%, significantly underperforming the Sensex’s modest 1.17% drop in the same period. Despite a strong one-month return of 17.91% compared to the Sensex’s 1.50%, the recent weekly weakness signals a shift in momentum. Year-to-date, the stock has marginally declined by 2.84%, closely mirroring the Sensex’s 2.70% fall, indicating a loss of relative strength in the near term.

The stock’s current price of ₹703.15 remains well below its 52-week high of ₹1,153.20, highlighting a substantial retracement from its peak. The 52-week low stands at ₹370.76, placing the current price roughly midway between these extremes, but the recent downward momentum raises concerns about further downside risk.

MACD and Moving Averages Signal Bearishness

The Moving Average Convergence Divergence (MACD) indicator presents a bearish outlook on the weekly chart, while the monthly MACD remains mildly bearish. This suggests that the short-term momentum is weakening more rapidly than the longer-term trend, which still shows some resilience but is under pressure. The daily moving averages reinforce this bearish sentiment, with the stock trading below key averages, signalling a continuation of downward pressure.

Such alignment of MACD and moving averages on multiple timeframes typically indicates that sellers are gaining control, and any rallies may face resistance near moving average levels. Investors should be cautious as the technical setup suggests limited upside in the immediate term.

RSI and Bollinger Bands Indicate Neutral to Bearish Conditions

The Relative Strength Index (RSI) on both weekly and monthly charts currently shows no clear signal, hovering in neutral territory. This implies that the stock is neither oversold nor overbought, leaving room for further price movement in either direction. However, the Bollinger Bands on the weekly chart are bearish, with the price trending near the lower band, indicating increased volatility and downward pressure. The monthly Bollinger Bands remain sideways, reflecting a lack of decisive trend over the longer term.

Additional Technical Indicators and Market Sentiment

The Know Sure Thing (KST) indicator is mildly bearish on the weekly timeframe, aligning with the MACD and moving averages in signalling weakening momentum. Dow Theory assessments on both weekly and monthly charts also reflect a mildly bearish stance, suggesting that the broader trend may be shifting towards a downtrend.

On-Balance Volume (OBV) shows no clear trend on either weekly or monthly charts, indicating that volume is not confirming the price movement decisively. This lack of volume confirmation could imply that the current price decline may not be strongly supported by selling pressure, but the technical indicators still caution against bullish bets.

Mojo Score and Grade Downgrade

Viviana Power Tech Ltd’s Mojo Score currently stands at 36.0, reflecting a Sell rating, a downgrade from the previous Hold grade assigned before 5 January 2026. This downgrade is indicative of deteriorating technical and fundamental conditions as assessed by MarketsMOJO’s proprietary scoring system. The Market Cap Grade remains low at 4, signalling limited market capitalisation strength relative to peers.

The downgrade reflects the confluence of bearish technical signals and recent price underperformance, suggesting that investors should exercise caution and consider risk management strategies.

Long-Term Performance Context

Despite the recent technical weakness, Viviana Power has delivered impressive long-term returns. Over the past year, the stock has surged 44.39%, significantly outperforming the Sensex’s 12.73% gain. Over three years, the stock’s return is a remarkable 1,178.59%, dwarfing the Sensex’s 45.57% rise. This extraordinary performance highlights the company’s growth potential and past momentum, although recent technical signals suggest a pause or correction may be underway.

Investors should weigh these long-term gains against the current technical deterioration to assess the appropriate timing for entry or exit.

Price Volatility and Trading Range

On 25 February 2026, Viviana Power’s intraday price fluctuated between ₹685.00 and ₹715.00, closing near the lower end of this range at ₹703.15. This volatility, combined with the 4.73% day decline, underscores the heightened uncertainty and selling pressure in the stock. The gap from the 52-week high of ₹1,153.20 emphasises the significant correction from peak levels, while the proximity to the 52-week low of ₹370.76 suggests a wide trading band that investors should monitor closely.

Investor Takeaway and Outlook

Viviana Power Tech Ltd’s recent technical deterioration and downgrade to a Sell rating reflect a cautious near-term outlook. The convergence of bearish MACD, moving averages, and Bollinger Bands on weekly and daily charts suggests that the stock may face further downside pressure before stabilising. The absence of strong volume confirmation and neutral RSI readings imply that the current downtrend could persist without immediate capitulation.

Long-term investors should consider the stock’s impressive multi-year returns but remain vigilant to technical signals that may indicate a correction or consolidation phase. Short-term traders might find opportunities in the volatility but should employ strict risk controls given the bearish momentum.

Overall, the technical landscape for Viviana Power Tech Ltd calls for prudence, with a focus on monitoring key support levels and any shifts in momentum indicators that could signal a reversal or further decline.

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