Max Financial Services Stock Declines by -4.22% Amidst Market Volatility

Max Financial Services, a leading finance and non-banking financial company (NBFC) in the largecap industry, has seen a decline in its stock price by -4.22% on August 14, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has recommended a 'Sell' for the stock.

The stock's performance today has underperformed the sector by -4.63%, indicating a downward trend. This is also evident in the consecutive fall of the stock for the last 4 days, with a total decline of -9.67% during this period. The stock also opened with a gap down of -2.98% today and touched an intraday low of Rs 987.4 (-5.89%).

The stock has shown high volatility today, with an intraday volatility of 91.98%, calculated from the weighted average price. It is currently trading higher than its 200-day moving average, but lower than its 5-day, 20-day, 50-day, and 100-day moving averages.

In comparison to the Sensex, Max Financial Services has underperformed with a 1-day performance of -3.16% while the Sensex has remained stable at 0.00%. However, in the last 1 month, the stock has outperformed the Sensex with a 1-month performance of 0.10% while the Sensex has declined by -1.94%.

Investors and experts are closely monitoring the performance of Max Financial Services, as it continues to navigate through the current market conditions. With its strong presence in the finance and NBFC industry, the company is expected to bounce back and deliver positive returns in the long run.