Rajasthan Petro Synthetics Faces Selling Pressure with 1.95% Weekly Decline Amid Lack of Buyers

Rajasthan Petro Synthetics 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 declined by 1.95% over the past week, while the Sensex has gained 1.52% during the same period.
In terms of performance metrics, Rajasthan Petro Synthetics has remained stagnant over the last year, with a 0.00% change, contrasting sharply with the Sensex's 9.31% increase. The stock's performance over the past month shows a modest gain of 2.32%, yet this is overshadowed by the Sensex's 1.02% rise.

The stock has exhibited erratic trading patterns, having not traded on three out of the last 20 days. Despite being above the 20-day, 50-day, 100-day, and 200-day moving averages, it remains below the 5-day moving average, indicating potential volatility.

Overall, the persistent selling pressure on Rajasthan Petro Synthetics may be influenced by broader market trends and investor sentiment, particularly as it lags behind the performance of the Sensex across various time frames.