Future Market Networks Faces Intense Selling Pressure Amid Significant Price Declines

Future Market Networks Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past 11 days, resulting in a total loss of 18.74% during this period. Today's performance reflects a decrease of 1.97%, notably underperforming the Sensex, which fell by 0.78%.
In the past week, Future Market Networks has dropped 8.42%, while the Sensex declined by just 1.00%. Over the last month, the stock has decreased by 4.98%, contrasting with a slight gain of 0.29% for the Sensex. The three-month performance is particularly concerning, with Future Market Networks down 26.35%, compared to a 10.47% increase in the Sensex.

The stock's year-to-date performance shows a significant decline of 45.75%, while the Sensex has gained 3.33%. Despite a strong one-year performance of 78.01%, the longer-term view reveals a 19.30% drop over five years, against the Sensex's impressive 136.70% rise. Currently, Future Market Networks is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.