National General Industries Faces Selling Pressure, Declines 1.87% Amid Ongoing Losses

National General Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive losses over the past two days, with a decline of 2.2% during this period. Today, it reported a performance drop of 1.87%, contrasting sharply with the Sensex, which gained 0.20%.
In the broader context, National General Industries has had a mixed performance over various time frames. Over the past week, the stock rose by 8.07%, while the Sensex fell by 1.91%. However, its year-to-date performance is concerning, with a decline of 13.88% compared to the Sensex's gain of 3.14%. Over the last three years, the stock has plummeted by 72.13%, while the Sensex has appreciated by 42.86%.

The stock's trading activity has been erratic, with no trades on one day out of the last 20. It opened today at 57.7 and has remained at this price level, indicating a lack of volatility. Additionally, while the stock is above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below its 200-day moving average, suggesting a potential trend of weakness in the market.