Onward Technologies Stock Drops -7.11% Amidst Mixed Moving Averages and Outperforms Sensex in Last Month

Jul 19 2024 02:35 PM IST
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On July 19, 2024, Onward Technologies, a smallcap IT software company, experienced a -7.11% decline in its stock price and has been given a 'Hold' call by MarketsMojo. The stock has underperformed the sector by -5.06% and has seen a consecutive two-day loss. Its moving averages are currently higher than its 20-day and 50-day averages, but lower than its 5-day, 100-day, and 200-day averages. In comparison to the Sensex, Onward Technologies' 1-day performance was -6.60%, but it has outperformed the Sensex in the last month. Investors should monitor the stock's performance in the coming days.

Onward Technologies, a smallcap IT software company, saw a decline of -7.11% in its stock price on July 19, 2024. According to MarketsMOJO, the stock has been given a 'Hold' call. The stock underperformed the sector by -5.06% on the same day.

This is the second consecutive day of losses for Onward Technologies, with a fall of -7.51% in the last two days. The stock touched an intraday high of Rs 484.35, showing a 2.17% increase, and an intraday low of Rs 448.85, showing a -5.32% decrease.

Onward Technologies' moving averages are currently higher than its 20-day and 50-day moving averages, but lower than its 5-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance of -0.80%, Onward Technologies' 1-day performance was -6.60%. However, the company has outperformed the Sensex in the last month with a 1-month performance of 9.63% compared to the Sensex's 4.34% performance.

Investors should keep an eye on Onward Technologies' stock performance in the coming days to make informed decisions.
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