Race Eco Chain Ltd Faces Intensified Selling Pressure Amid Ongoing Losses
Race Eco Chain Ltd is experiencing significant selling pressure, continuing a trend of losses. Over the past month, the stock has declined notably, contrasting with the performance of the Sensex. It remains below key moving averages, indicating a longer-term downward trend influenced by market conditions and investor sentiment.
Race Eco Chain Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of consecutive days of losses, reflecting a challenging market environment for the microcap trading company. In terms of performance, Race Eco Chain has seen a decline of 5.29% over the past month, contrasting sharply with the Sensex, which has gained 1.68% during the same period. Over the last week, the stock has dropped 10.23%, while the Sensex has risen by 3.73%. The three-month performance reveals a substantial decline of 19.42% for Race Eco Chain, compared to a modest decrease of 1.87% for the Sensex. Year-to-date, the stock has plummeted 28.13%, while the Sensex has only dipped 2.00%.
The price summary indicates that while Race Eco Chain's performance today aligns with its sector, it remains below the 50-day, 100-day, and 200-day moving averages, suggesting a longer-term downward trend. Factors contributing to the selling pressure may include broader market conditions and investor sentiment, which appear to be weighing heavily on the stock's performance.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
