My Money Securities Faces Intensified Selling Pressure Amid Ongoing Price Declines

My Money Securities Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks the continuation of a challenging period, as the stock has experienced consecutive losses over the past two days, resulting in a decline of 0.41%.
In terms of performance, My Money Securities has underperformed relative to the broader market, with a 1-day performance of -0.04% compared to the Sensex's gain of 0.46%. Over the past month, the stock has seen a notable decline of 18.64%, while the Sensex has risen by 4.06%. Year-to-date, My Money Securities has dropped 45.57%, contrasting sharply with the Sensex's slight decline of 0.64%.

Several factors may be contributing to this selling pressure, including the stock's recent performance metrics, which indicate a significant drop over the last three months (-41.34%) and a longer-term view showing a 10-year decline of 7.83%. Additionally, while the stock's price is currently higher than its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.