Welspun Living Ltd Technical Momentum Shifts to Bullish Amid Strong Monthly Gains

Price Movement and Market Context

The stock closed at ₹142.70 on 13 Feb 2026, marking a 1.86% increase from the previous close of ₹140.10. Intraday volatility saw the price range between ₹135.45 and ₹147.30, with the current price approaching its 52-week high of ₹154.60. This upward momentum is particularly significant given the stock’s 52-week low of ₹105.00, reflecting a robust recovery over the past year.

Comparatively, Welspun Living has outperformed the broader Sensex index across multiple timeframes. Over the past month, the stock surged 17.35%, while the Sensex declined marginally by 0.24%. Year-to-date returns stand at 9.18% for Welspun Living, contrasting with a 1.81% decline in the Sensex. Even on a longer horizon, the stock’s 5-year return of 111.72% far exceeds the Sensex’s 62.34%, highlighting sustained outperformance in the Garments & Apparels sector.

Technical Indicators: A Mixed but Improving Picture

The technical landscape for Welspun Living reveals a nuanced but predominantly positive outlook. The Moving Average Convergence Divergence (MACD) indicator presents a bullish signal on the weekly chart, suggesting upward momentum in the near term. However, the monthly MACD remains mildly bearish, indicating some caution for longer-term investors.

The Relative Strength Index (RSI) on both weekly and monthly timeframes currently shows no definitive signal, hovering in neutral territory. This suggests the stock is neither overbought nor oversold, providing room for further price appreciation without immediate risk of a reversal due to exhaustion.

Bollinger Bands reinforce the bullish sentiment, with both weekly and monthly charts indicating price movement towards the upper band. This typically signals strong buying pressure and potential continuation of the upward trend.

Moving Averages and Trend Analysis

Daily moving averages have turned bullish, with the stock price trading above key averages such as the 50-day and 200-day moving averages. This crossover is a classic technical signal that often precedes sustained rallies. The weekly KST (Know Sure Thing) indicator, however, remains mildly bearish, and the monthly KST is bearish, suggesting some underlying momentum challenges at longer intervals.

Dow Theory assessments show no clear trend on the weekly scale but a mildly bullish stance on the monthly chart, aligning with the mixed signals from other indicators. Meanwhile, the On-Balance Volume (OBV) indicator is bullish on both weekly and monthly charts, confirming that volume trends support the price gains and that accumulation is likely ongoing.

Mojo Score Upgrade Reflects Improved Technical Outlook

MarketsMOJO has upgraded Welspun Living’s Mojo Grade from Sell to Hold as of 12 Feb 2026, reflecting the improved technical parameters and price momentum. The current Mojo Score stands at 54.0, indicating a moderate level of confidence in the stock’s near-term prospects. The Market Cap Grade remains at 3, consistent with its mid-cap status within the Garments & Apparels sector.

This upgrade is significant as it signals a shift in analyst sentiment, recognising the stock’s resilience and potential for further gains. Investors should note that while the grade is Hold, the technical trend has moved from mildly bullish to bullish, suggesting that the stock may be poised for a breakout if positive momentum sustains.

Sector and Industry Context

Within the Garments & Apparels sector, Welspun Living’s technical improvement is noteworthy. The sector has faced headwinds in recent quarters due to supply chain disruptions and fluctuating consumer demand. However, the company’s ability to outperform the Sensex and maintain bullish technical indicators positions it favourably against peers.

Investors tracking sector rotation and thematic plays may find Welspun Living’s current technical setup attractive, especially given the supportive volume trends and moving average crossovers. The stock’s recovery from its 52-week low and proximity to its high further underscore its resilience amid sector volatility.

Risks and Considerations

Despite the positive technical signals, some caution is warranted. The monthly MACD and KST indicators remain bearish or mildly bearish, suggesting that longer-term momentum is not yet fully confirmed. Additionally, the absence of a clear RSI signal means that the stock could face short-term volatility or consolidation before a sustained uptrend materialises.

Investors should also monitor broader market conditions and sector-specific developments, as external factors such as raw material costs, export demand, and regulatory changes could impact performance. A close watch on volume trends and moving averages will be essential to confirm the durability of the current bullish shift.

Conclusion: Technical Momentum Supports Cautious Optimism

Welspun Living Ltd’s recent technical parameter changes indicate a shift towards a more bullish outlook, supported by strong daily moving averages, bullish weekly MACD, and positive volume trends. The stock’s price momentum has outpaced the Sensex across multiple timeframes, signalling robust investor interest and sectoral strength.

While some monthly indicators suggest caution, the overall technical picture favours a continuation of the upward trend, provided broader market conditions remain stable. The upgrade in Mojo Grade to Hold reflects this balanced view, encouraging investors to monitor the stock closely for further confirmation of trend sustainability.

For investors seeking exposure to the Garments & Apparels sector with a mid-cap growth orientation, Welspun Living presents a compelling case backed by data-driven technical analysis and improving momentum signals.

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