Madhav Copper Faces Intense Selling Pressure Amid Ongoing Price Declines

Madhav Copper Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of consecutive days of losses, as the stock has declined by 5.02% in today's trading session, notably underperforming the Sensex, which fell by 1.27%.
Over the past week, Madhav Copper has shown a positive performance of 3.62%, but this is overshadowed by its recent downturn. In the last month, the stock has gained 9.14%, yet year-to-date, it has seen a decline of 10.95%, contrasting sharply with the Sensex's modest gain of 0.83%.

The stock's performance over longer periods reveals a mixed picture: it has increased by 34.80% over the past year and 70.91% over three years, but it has suffered a significant drop of 54.21% over the last five years, while the Sensex has surged by 151.50% in the same timeframe.

Madhav Copper's current price performance is also underwhelming, as it has underperformed its sector by 1.24%. While the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, it is currently below its 5-day moving average, indicating a potential shift in momentum.