Crompton Greaves Faces Bearish Technical Trends Amid Market Evaluation Revision

Crompton Greaves Consumer Electricals, a prominent player in the Consumer Durables - Electronics sector, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 322.40, down from a previous close of 325.75, with a 52-week high of 483.65 and a low of 303.00. Today's trading saw a high of 326.00 and a low of 315.00.
The technical summary indicates a bearish sentiment across various indicators. The MACD shows a bearish trend on a weekly basis, while the monthly outlook is mildly bearish. Bollinger Bands also reflect a bearish stance for both weekly and monthly periods. Moving averages on a daily basis further support this bearish trend. However, the KST presents a mildly bullish signal weekly, contrasting with its monthly bearish indication.

In terms of performance, Crompton Greaves has faced challenges compared to the Sensex. Over the past week, the stock returned -0.17%, while the Sensex saw a decline of 1.30%. Year-to-date, Crompton Greaves has experienced a significant drop of 18.48%, in stark contrast to the Sensex's modest gain of 1.68%. Over a three-year period, the stock has returned -9.92%, while the Sensex has surged by 45.87%. Despite these challenges, the company has shown resilience over a five-year horizon with a return of 58.58%, although this still lags behind the Sensex's impressive 151.10% return.