Max Financial Services Ltd

Stage 4 · Declining · week 12

As of 9 Oct 2026, Max Financial Services is in Stage 4 — declining, a downtrend, in week 12 (since 20 Jul 2026). It closed at ₹1,310, 30.0% below its 52-week high and below its 200-day average, which is falling. In Financials, 22.0% of stocks are in Stage 2.

Max Financial Services Limited, through its subsidiary, engages in life insurance business in India. More about the company

₹1,309.7
-0.96% today
₹44,962 Cr · Large cap
Market Neutral — FadingFinancials 22.0% in Stage 2-11.7 pts / 20dInsurance 13.3%-13.3 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

Is MFSL early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-30.0%
₹1,309.7 lo₹1,870 hi
30.0% below 52W high — ongoing decline
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 12
1w13w26w
Week 12 — established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-18.7%
200 DMA: ₹1,611.5 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
0.77x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↓
MA20 rolling over · -5.2% vs MA50 -3.2%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-12.6%
3M
-19.8%
6M
-17.5%
YTD
-22.8%
1Y
-19.2%
Sector
Financials
↓ Peaking
Stage 2%
22.0%
20d Δ
-11.7pp
1M return
-4.1%
3M return
-6.7%
Sector Stage-2 % · last 20 days
Sector has 55 Stage 2 leaders. See Financials Stage 2 →
Industry
Insurance
↓ Peaking
Stage 2%
13.3%
20d Δ
-13.3pp
1M return
-3.7%
3M return
-9.8%
Industry Stage-2 % · last 20 days
Industry has 1 Stage 2 leader. See Insurance Stage 2 →
Stage Cycle Timeline2023-07-14 → 2026-10-09
S2 30w
S2 21w
S2 20w
S2 24w
2023-07-142026-10-09
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 30w → S3 7w → S2 11w → S3 6w → S2 21w → S3 9w → S4 6w → S1 5w → S2 20w → S3 2w → S2 24w → S3 6w → S4 5w → S1 4w → S4 12w current
Total tracked: 168 weeks across 15 stage runs.
Scan Membership
Breakout Watch
Latest: 2025-10-13
4 appearances in last 60 days. First seen: 2024-03-27.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-09S4
Wk 12 · Vol 0.77x
2026-10-08S4
Wk 12 · Vol 0.49x
2026-10-07S4
Wk 12 · Vol 0.76x
2026-10-06S4
Wk 11 · Vol 2.82x
2026-10-05S4
Wk 11 · Vol 2.05x
2026-10-01S4
Wk 11 · Vol 1.19x
2026-09-30S4
Wk 11 · Vol 0.97x
2026-09-29S4
Wk 11 · Vol 1.01x
2026-09-28S4
Wk 10 · Vol 0.48x
2026-09-25S4
Wk 10 · Vol 4.06x
2026-09-24S4
Wk 10 · Vol 17.04x
2026-09-23S4
Wk 10 · Vol 0.48x
Sector Peers — Stage 2All →
SMCGLOBAL
wk 10 · 0.0% from hi
9.4
GCSL
wk 15 · 0.0% from hi
8.4
ONELIFECAP
wk 1 · 0.0% from hi
8.2
ARIHANTCAP
wk 4 · -17.9% from hi
7.9
PAISALO
wk 26 · -13.4% from hi
7.5
Moving averages & range
50 DMA
₹1,499.1
200 DMA
₹1,611.5
52W High
₹1,870
52W Low
₹1,309.7
5D Low
₹1,309.7
Resistance levels (recent highs)
20d High
₹1,564.1
60d High
₹1,600
120d High
₹1,726.8
250d High
₹1,870
Next resistance
+19.4%
to 20d High
Ask the Market AI about MFSLAsk →
P/E (TTM)
695.2
Forward 106.4
ROE
+1.6%
Profit margin +0.2%
About this companyFinancials· Insurance

Max Financial Services Limited, through its subsidiary, engages in life insurance business in India. The company operates through Business Investments and Others, and Life Insurance segments. It offers participating and nonparticipating and linked products covering life insurance, pension and health benefits, including riders for individual and group through individual agents, corporate agents, banks, brokers, and other channels. The company is also involved treasury investment activities; and provision of management advisory services. Max Financial Services Limited was incorporated in 1988 and is based in Noida, India.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-09. Past data patterns are not indicative of future results. This page is a data analytics tool only.