Milestone Global Faces Intense Selling Pressure Amid Significant Price Declines

Milestone Global Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past nine days, resulting in a total loss of 14.85% during this period. Today, Milestone Global's stock price fell by 2.00%, underperforming the Sensex, which gained 0.31%.
In the past week, the stock has dropped 6.21%, while the Sensex rose by 1.61%. Over the last month, Milestone Global has shown a positive performance of 14.70%, contrasting with the Sensex's 5.05% increase. However, the longer-term outlook reveals a troubling trend, with the stock down 21.42% over the past three months and 21.28% year-over-year, compared to the Sensex's respective gains of 3.85% and 7.88%.

The stock's performance metrics indicate it is currently trading above its 50-day moving average but below its 5-day, 20-day, 100-day, and 200-day moving averages. This trend, combined with the prevailing selling pressure, suggests a challenging environment for Milestone Global in the mining and minerals sector.