Regis Industries' Stock Reaches All-Time High, But MarketsMOJO Calls for 'Sell'

Regis Industries, a microcap finance company, has recently seen its stock price reach an all-time high on June 22, 2024. According to MarketsMOJO, a leading stock analysis and recommendation platform, the current stock call for Regis Industries is 'Sell'.

The stock has shown strong performance today, hitting a new 52-week high of Rs.179.4. However, it has underperformed the sector by -2.94%. The stock has also seen a trend reversal, falling after three consecutive days of gains. It opened with a gap up of 3.87% and reached an intraday high of Rs.179.4, showing a significant increase of 18.69%. On the other hand, it also touched an intraday low of Rs.145.55, showing a decrease of -3.7%. The stock has been highly volatile today, with an intraday volatility of 10.41% calculated from the weighted average price.

In terms of moving averages, Regis Industries is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock.

Looking at the performance over the past year, Regis Industries has outperformed the Sensex by a significant margin, with a 60.90% increase compared to the Sensex's 21.55% performance.

As a microcap finance company, Regis Industries has shown strong growth and potential in the market. However, investors should carefully consider the current stock call of 'Sell' by MarketsMOJO before making any investment decisions.