Intellect Design Arena sees -5.29% decline in stock price, MarketsMOJO recommends 'Sell'

Intellect Design Arena ., a midcap IT software company, has seen a decline in its stock price by -5.29% on October 28, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has recommended a 'Sell' for the company's stock.

The stock has underperformed the sector by -4.51% today and has been on a downward trend for the past 9 days, with a fall of -19.28% in this period. The stock also opened with a gap down of -3.6% today and touched an intraday low of Rs 707.2, showing a high level of volatility with an intraday volatility of 39.97%.

In terms of moving averages, Intellect Design is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a bearish trend for the stock.

Comparing the performance of Intellect Design Arena Ltd. with the Sensex, the company has seen a decline of -5.99% in the past day, while the Sensex has shown a positive performance of 0.36%. In the past month, Intellect Design has underperformed the Sensex by -27.90%, which has also seen a decline of -6.88%.

Investors should keep a close eye on the performance of Intellect Design Arena . and consider the current market conditions before making any investment decisions.