Key Corp Ltd Faces Intense Selling Pressure Amid Significant Price Declines

Key Corp Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive losses over the past two days, resulting in a total decline of 8.07%. Today, Key Corp Ltd reported a performance drop of 5.38%, starkly contrasting with the Sensex, which gained 0.35%. Over the past week, the stock has declined by 10.00%, while the Sensex rose by 3.78%.
In terms of longer-term performance, Key Corp Ltd has seen a notable decline of 39.95% over the past three months, compared to a slight decrease of 1.82% in the Sensex. Year-to-date, the stock is down 38.69%, while the Sensex has only dipped by 1.95%. Despite a strong performance over the past year, with a gain of 100.96%, the recent trend indicates a troubling shift.

The stock opened with a gap down of 2.9% today and reached an intraday low of Rs 189. Additionally, Key Corp is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting the current bearish sentiment in the market.