Windsor Machines Ltd Faces Bearish Momentum Amid Technical Downturn

Technical Trend Shift and Price Movement

Windsor Machines, currently trading at ₹268.00, has seen its technical trend downgrade from mildly bearish to outright bearish. The stock’s previous close was ₹271.75, marking a day decline of 1.38%. Intraday price action ranged narrowly between ₹268.00 and ₹272.90, indicating subdued volatility but persistent downward pressure.

The 52-week price range remains wide, with a high of ₹409.60 and a low of ₹231.65, underscoring significant historical price swings. However, the current price is closer to the lower end of this spectrum, suggesting the stock is under stress relative to its recent highs.

MACD and Moving Averages Confirm Bearish Momentum

The Moving Average Convergence Divergence (MACD) indicator presents a bearish outlook on the weekly chart and a mildly bearish stance on the monthly chart. This divergence suggests that while short-term momentum is weakening, longer-term trends are only beginning to show signs of deterioration.

Daily moving averages reinforce this bearish sentiment, with the stock trading below key averages, signalling downward momentum. The alignment of these averages typically indicates that sellers are in control, and any rallies may face resistance near these levels.

RSI and Bollinger Bands Signal Caution

The Relative Strength Index (RSI) on both weekly and monthly timeframes currently shows no definitive signal, hovering in neutral territory. This lack of momentum in RSI suggests the stock is neither oversold nor overbought, but the absence of bullish confirmation adds to the cautious outlook.

Bollinger Bands on the weekly chart are bearish, with the price gravitating towards the lower band, indicating increased selling pressure. The monthly Bollinger Bands are mildly bearish, hinting at a potential continuation of the downtrend if the stock fails to regain strength.

Additional Technical Indicators Paint a Mixed Picture

The Know Sure Thing (KST) indicator shows a mildly bullish signal on the weekly chart but remains mildly bearish on the monthly chart. This divergence suggests short-term attempts at recovery may be overshadowed by longer-term weakness.

Other indicators such as Dow Theory and On-Balance Volume (OBV) show no clear trend on either weekly or monthly timeframes, indicating a lack of strong directional conviction from market participants.

Comparative Performance Versus Sensex

Windsor Machines’ recent returns have lagged behind the benchmark Sensex index. Over the past week, the stock declined by 1.65%, while Sensex gained 0.88%. The one-month return for Windsor Machines was down 4.11%, compared to a modest 0.32% decline in Sensex.

Year-to-date, the stock has marginally decreased by 0.45%, whereas Sensex has advanced by 0.26%. The disparity is more pronounced over the one-year horizon, with Windsor Machines falling 27.54% against Sensex’s 7.85% gain. This underperformance highlights sector-specific challenges and company-specific headwinds.

However, over longer periods, Windsor Machines has delivered exceptional returns, with a 3-year gain of 498.88% versus Sensex’s 41.57%, a 5-year gain of 1321.75% compared to Sensex’s 76.39%, and a 10-year gain of 422.93% against Sensex’s 234.01%. These figures reflect the company’s strong historical growth trajectory despite recent setbacks.

Mojo Score and Rating Downgrade

MarketsMOJO’s proprietary scoring system currently assigns Windsor Machines a Mojo Score of 41.0, categorising it as a Sell. This represents a downgrade from the previous Hold rating issued on 4 September 2025. The downgrade reflects the deteriorating technical parameters and weakening price momentum.

The company’s Market Cap Grade stands at 3, indicating a mid-tier market capitalisation relative to its peers in the industrial manufacturing sector. The downgrade signals caution for investors, suggesting that the stock may face further downside risks in the near term.

Sector and Industry Context

Windsor Machines operates within the industrial manufacturing sector, which has faced mixed fortunes amid global supply chain disruptions and fluctuating demand. The sector’s cyclical nature means stocks like Windsor Machines are sensitive to macroeconomic shifts and technical momentum changes.

Given the current bearish technical signals, investors should closely monitor sectoral developments and company-specific news that could influence price action.

Investor Takeaway and Outlook

Windsor Machines Ltd’s recent technical deterioration and bearish momentum suggest caution for investors considering fresh exposure. The downgrade to a Sell rating by MarketsMOJO underscores the risks posed by weakening price action and negative technical indicators.

While the stock’s long-term performance remains impressive, short- to medium-term investors should be wary of the current downtrend, especially given the bearish MACD, moving averages, and Bollinger Bands signals. The neutral RSI and lack of clear trend in volume-based indicators imply that a decisive directional move has yet to materialise, but the prevailing bias is negative.

Investors are advised to monitor key support levels near the 52-week low of ₹231.65 and watch for any reversal signals in momentum indicators before considering new positions. Additionally, comparing Windsor Machines with sector peers and exploring alternative opportunities may be prudent in the current environment.

Summary of Key Technical Metrics:

• Current Price: ₹268.00


• Day Change: -1.38%


• 52-Week High/Low: ₹409.60 / ₹231.65


• MACD: Weekly Bearish, Monthly Mildly Bearish


• RSI: Neutral (No Signal)


• Bollinger Bands: Weekly Bearish, Monthly Mildly Bearish


• Moving Averages: Daily Bearish


• KST: Weekly Mildly Bullish, Monthly Mildly Bearish


• Dow Theory & OBV: No Clear Trend


• Mojo Score: 41.0 (Sell)

Given these factors, Windsor Machines Ltd remains a stock to watch closely, with technical momentum currently favouring the bears.

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