Milestone Global Ltd Faces Intense Selling Pressure Amid Significant Price Declines

Milestone Global 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 experienced a decline of 13.96% over the past month, contrasting sharply with the Sensex, which has gained 2.16% during the same period.
In terms of daily performance, Milestone Global Ltd has outperformed the sector by 1.36%, with a decline of 1.98% compared to the Sensex's 1.11%. Over the past week, the stock has shown a modest gain of 5.32%, while the Sensex has dipped by 0.59%. However, the longer-term view reveals a troubling picture, with a year-to-date decline of 39.42% against the Sensex's 4.75% gain.

Several factors may be contributing to the selling pressure, including the stock's performance relative to its moving averages, which indicate it is currently lower than the 20-day, 100-day, and 200-day averages. Despite a notable 45.82% increase over the past three years, the stock's overall performance has been lackluster, particularly in the last year, where it has dropped 19.88%.