Esha Media Faces Intense Selling Pressure Amid Significant Stock Price Declines

Esha Media Research Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline of 4.98% in its stock price, starkly contrasting with the Sensex, which has only dipped by 0.27%. This marks a continuation of a troubling trend, as Esha Media has recorded consecutive losses over the past week, with a total decline of 7.24%, while the Sensex has gained 0.85% during the same period.
Over the past month, Esha Media's performance remains weak, down 6.79%, compared to the Sensex's increase of 4.19%. The stock has also underperformed significantly over the last three months, with a drop of 22.08% against the Sensex's rise of 8.06%. Year-to-date, Esha Media has plummeted by 38.12%, while the Sensex has shown a modest gain of 4.74%.

Several factors may be contributing to this selling pressure, including erratic trading patterns, as the stock did not trade on one day out of the last 20. Additionally, Esha Media is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.