Key Corp Faces Intense Selling Pressure Amid Continued Price Declines and Losses
Key Corp Ltd is experiencing substantial selling pressure, marking its seventh consecutive day of losses. The stock has declined significantly over various time frames, including a year-to-date drop of 63.44%. It recently reached a new 52-week low, indicating ongoing underperformance compared to its sector.
Key Corp Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced a notable decline of 2.00% today, contrasting sharply with the Sensex, which has seen a slight gain of 0.06%. This marks the seventh consecutive day of losses for Key Corp, during which it has dropped a total of 10.31%. Over the past week, the stock has declined by 7.28%, and its performance over the last month reveals a staggering 23.33% drop. Year-to-date, Key Corp has plummeted by 63.44%, while the Sensex has gained 2.55%. The stock recently hit a new 52-week low of Rs. 112.7, reflecting a significant underperformance against its sector by 1.45%.
Key Corp's trading metrics indicate it is currently below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent downward trend. The stock opened with a gap down of 2% today and has remained at this price level, indicating a lack of buying interest in the market.
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