Apeejay Surrendra Park Hotels Faces Bearish Technical Trends Amid Market Volatility

Apeejay Surrendra Park Hotels, a small-cap player in the Hotels & Resorts industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 149.70, showing a slight increase from the previous close of 149.20. Over the past year, the stock has experienced a high of 208.40 and a low of 128.75, indicating significant volatility.
The technical summary reveals a bearish sentiment in various indicators. The Moving Averages signal a bearish trend on a daily basis, while the MACD indicates a bearish stance on a weekly basis. Bollinger Bands also reflect a mildly bearish outlook on both weekly and monthly scales. Notably, the Relative Strength Index (RSI) shows no signal, suggesting a lack of momentum in either direction.

In terms of performance, Apeejay Surrendra Park Hotels has faced challenges compared to the Sensex. Over the past week, the stock returned -0.33%, while the Sensex gained 1.30%. In the month, the stock's return was -3.04%, contrasting with the Sensex's 2.99% increase. Year-to-date, the stock has declined by 18.91%, while the Sensex has risen by 8.21%. These figures highlight the company's struggle to keep pace with broader market trends.