This hotel stock flags Bearish signal on chart; here's all you need to know
EIH stock has witnessed the formation of 'Death Cross'. ITC Hotels, EIH Associated Hotels, Taj GVK and Mahindra Holidays have also seen the similar bearish formation in the recent past.
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EIH stock witnesses formation of 'Death Cross' on technical charts.
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EIH stock has witnessed the formation of 'Death Cross' on the technical charts amid a sustained sluggish trend over the last few months. Technically, the term 'Death Cross' implies that the shorter-term moving average - the 50-day moving average (50-DMA) has now slipped below the long-term 200-DMA. This in general is considered a 'Negative' or 'Bearish' chart pattern. On Tuesday as of 9:30 AM, EIH stock traded with a loss of 1 per cent at ₹360. Meanwhile, the chart shows that the 50-DMA dropped to ₹376.45, while the 200-DMA stood at ₹377.08 levels. The stock has shed 17 per cent from its high of ₹435 hit on September 9, 2025.
The stock has witnessed the formation of 'Death Cross' for the first-time since August 26, 2025, shows the daily chart. This apart, the chart shows that the stock has been trading below its 20-DMA, which stands at ₹368.38, for the last 16 trading sessions - since December 15, 2025. Apart from EIH - the following hotel stocks - ITC Hotels, EIH Associated Hotels, Taj GVK and Mahindra Holidays Resort - too have witnessed the formation of 'Death Cross' in the recent past. Here's a look at these stock charts
ITC Hotels
Current Market Price: ₹199EIH Associated Hotels
Current Market Price: ₹352Also Read
Taj GVK Hotels and Resorts
Current Market Price: ₹420Mahindra Holidays and Resorts India
Current Market Price: ₹307More From This Section
Topics : Market technicals hotel stocks Hotel sector EIH ITC Hotels Taj GVK Hotels Indian Hotels Markets Mahindra Holidays stocks technical analysis technical charts Trading strategies
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First Published: Jan 06 2026 | 10:15 AM IST