Confidence Futuristic Energetech Hits 52-Week Low, Receives Strong Sell Rating

Confidence Futuristic Energetech, a microcap company in the miscellaneous industry, has recently hit a 52-week low on October 25th, 2024. According to MarketsMOJO, the stock has been given a "Strong Sell" rating. The stock opened today at Rs. 64, which is its new 52-week low, and underperformed the sector by -2.84%. This marks the second consecutive day of losses for the stock, with a decline of -7.01% in the past two days.

The stock also opened with a gap down of -2.75% today and touched an intraday low of Rs. 64, which is a decrease of -7.79%. Confidence Futuristic Energetech is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The miscellaneous sector has also seen a decline of -3.51%.

In the past year, Confidence Futuristic Energetech has seen a negative performance of -45.83%, while the Sensex has seen a positive performance of 23.64%. It is important to note that this article is based on factual information and does not include any external data or sources. As a microcap company, Confidence Futuristic Energetech may be more susceptible to market fluctuations and investors should do their own research before making any investment decisions.