AXISCADES Technologies Stock Sees -7.62% Decline, Experts Advise Holding Positions

AXISCADES Technologies, a smallcap IT software company, has seen a decline in its stock price by -7.62% on November 13, 2024. According to MarketsMOJO, the stock has been given a 'Hold' call. The stock has underperformed the sector by -6.2% and has been on a downward trend for the past 5 days, with a fall of -10.67% during this period. Today, the stock opened with a loss of -3.74% and touched an intraday low of Rs 458.75 (-7%). AXISCADES Technologies is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a bearish trend. In comparison to the Sensex, the stock has performed poorly with a -7.62% decline in just one day, while the Sensex has only seen a -0.27% decline. Over the past month, the stock has seen a -13.26% decline, while the Sensex has only seen a -3.59% decline. Investors and experts are advised to hold their positions on AXISCADES Technologies for now, as the stock has been on a downward trend and is currently trading below its moving averages. It is important to monitor the stock's performance in the coming days to make informed decisions.