63 Moons Technologies sees significant stock price increase, but receives 'Sell' call from MarketsMOJO

63 Moons Technologies, a smallcap IT software company, has seen a significant increase in its stock price on October 31st, 2024. The stock has gained 8.53% and has been performing well in the market. However, according to MarketsMOJO, the stock has been given a 'Sell' call.

In terms of performance, 63 Moons Technologies has outperformed the IT - Software sector by 11.01% on the day. It has also been on a consecutive gain streak for the last 4 days, with a 23.79% increase in returns during this period. The stock also reached an intraday high of Rs 565.3, showing a growth of 8.63%.

In comparison to the moving averages, 63 Moons Technologies is currently trading higher than the 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. However, the IT - Software sector as a whole has seen a decline of -2.48%.

On a broader scale, 63 Moons Technologies has performed well in the market, with a 1 day performance of 9.01% compared to the Sensex's -0.71% performance. In the past month, the company has seen a 39.32% increase in its stock price, while the Sensex has seen a decline of -5.80%.

Overall, 63 Moons Technologies has shown strong performance in the market, but it is important to note the 'Sell' call given by MarketsMOJO. Investors should carefully consider their options before making any decisions regarding this stock.