Indo Euro Indchem Faces Intense Selling Pressure Amid Consecutive Losses

Indo Euro Indchem Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past three days, resulting in a total decline of 11.67%. Today, the stock fell by 4.97%, contrasting sharply with the Sensex, which gained 1.00%.
Over the past week, Indo Euro Indchem has declined by 8.79%, while the Sensex has only dipped by 0.69%. In the longer term, the stock's performance has been mixed; it has gained 28.50% over the last three months, but it has suffered a substantial 29.14% loss over the past year, compared to the Sensex's 8.41% increase during the same period.

Despite its recent gains over a month (1.82%) and three months, the stock's year-to-date performance remains negative at -10.32%, while the Sensex has risen by 4.64%. The stock is currently underperforming its sector by 6.42%. Moving averages indicate that while Indo Euro Indchem is above the 50-day, 100-day, and 200-day averages, it is below the 5-day and 20-day averages, suggesting a potential shift in momentum.