First Custodian Fund(I) Faces Mixed Technical Indicators Amid Market Position Shift

First Custodian Fund(I), a microcap player in the Non-Banking Financial Company (NBFC) sector, has recently undergone an adjustment in its evaluation score. This revision reflects a shift in the technical landscape, moving from a sideways trend to a mildly bearish outlook. The stock's technical indicators present a mixed picture. The MACD shows bearish signals on a weekly basis, while the monthly perspective leans towards a mildly bearish stance. The Relative Strength Index (RSI) remains neutral, indicating no significant momentum in either direction. Additionally, the Bollinger Bands suggest a mildly bearish trend on a weekly basis, contrasting with a mildly bullish view on a monthly scale. Despite a notable return of 97.21% over the past year, the company has faced challenges, including flat financial performance in the latest quarter and a low cash position. The average Return on Equity (ROE) stands at 7.29%, reflecting weak long-term fundamental strength. Overall, the adjustment in evaluation for First Custodian Fund(I) highlights the complexities of its current market position and technical trends. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.