S V Global Mill Ltd Faces Intense Selling Pressure Amid Consecutive Losses

S V Global Mill Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive losses over the past three days, resulting in a total decline of 8.6%. Today, S V Global Mill Ltd opened with a gap down of 5%, reaching an intraday low of Rs 156.75, reflecting a 5% decrease.
In terms of performance relative to the broader market, S V Global Mill Ltd has underperformed the Sensex, which is down only 0.18% today. Over the past week, the stock has also declined by 5%, while the Sensex fell by 1.06%. Despite a strong performance over the longer term, including a 71.59% increase over the past year compared to the Sensex's 9.93%, the recent trend indicates a shift in market sentiment.

The stock's performance metrics reveal that it is currently trading below its 5-day and 20-day moving averages, although it remains above the 50-day, 100-day, and 200-day moving averages. This divergence may suggest a potential shift in investor sentiment, contributing to the ongoing selling pressure.