Credo Brands Marketing Stock Sees 7.2% Increase, But Given 'Sell' Rating by MarketsMOJO

Credo Brands Marketing, a smallcap company in the retailing industry, has seen a 7.2% increase in its stock price on April 3rd, 2024. However, according to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Sell' rating.

In terms of performance, Credo Brands Marketing has outperformed its sector by 6.18% on the day. The stock has also been on a consecutive gain streak for the past 3 days, with a total return of 19.58% during this period. This shows a positive trend for the company's stock.

The stock's intraday high was Rs 201.85, a significant increase of 8.52%, while the intraday low was Rs 180.35, a decrease of 3.04%. This high volatility, calculated from the weighted average price, indicates a fluctuating market for Credo Brands Marketing.

In terms of moving averages, the stock is currently higher than its 5-day and 20-day moving averages, but lower than its 50-day, 100-day, and 200-day moving averages. This suggests a mixed trend for the stock in the short term.

Compared to the performance of the Sensex, Credo Brands Marketing has shown a positive 1-day performance of 6.51%, while the Sensex has shown a slight decrease of 0.04%. However, over the past month, the stock has underperformed the Sensex by -15.38%, while the Sensex has shown a slight increase of 0.10%.

Overall, Credo Brands Marketing has shown a positive trend in its stock price, but with a 'Sell' rating from MarketsMOJO, investors should carefully consider their options before making any decisions.