Active Clothing Co Faces Intense Selling Pressure Amid Consecutive Losses

Active Clothing Co Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past three days, with a total decline of 16.49% during this period. Today, the stock fell by 5.00%, underperforming the Sensex, which gained 0.72%.
In the past week, Active Clothing Co has dropped 14.11%, while the Sensex showed a modest increase of 0.33%. Over the past month, the stock has declined by 19.56%, contrasting sharply with the Sensex's slight decrease of 2.15%. Year-to-date, Active Clothing Co has seen a minimal decline of 0.14%, while the Sensex has fallen by 4.84%.

Despite a strong performance over the last three and five years, with gains of 358.14% and 1028.65% respectively, the current trend indicates a struggle for the microcap textile company. The stock opened today with a gain of 4.47%, reaching an intraday high of Rs 119.15, but quickly fell to a low of Rs 108.35. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further indicating the prevailing selling sentiment.