Anzen India Energy Yield Plus Trust Faces Increased Selling Pressure Amid Ongoing Losses

Anzen India Energy Yield Plus Trust is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of consecutive days of losses, raising concerns among market observers. In terms of performance, Anzen India Energy Yield Plus Trust has remained flat at 0.00% for the day, while the Sensex has declined by 0.34%.
Over the past week, the stock has also not gained traction, maintaining a 0.00% performance, contrasting with the Sensex's positive movement of 2.29%. However, on a monthly basis, Anzen has outperformed the Sensex with a gain of 6.19% compared to the index's 2.85%.

Despite this recent underperformance, the stock has shown resilience over the longer term, with a year-to-date increase of 10.90%, surpassing the Sensex's 7.21%. Nevertheless, the three-year and five-year performances reveal stagnation at 0.00%, significantly lagging behind the Sensex's impressive gains of 58.00% and 139.92%, respectively.

The stock is currently 4.39% away from its 52-week high of Rs 117.5 and is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average. This combination of factors may be contributing to the current selling pressure.