Sea TV Network Ltd Faces Significant Selling Pressure with 57.92% Yearly Loss and Declining Trend

Sea TV Network Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past four days, resulting in a decline of 4.72% during this period. In terms of daily performance, Sea TV Network is down 0.39%, compared to a slight decline of 0.25% in the Sensex.
Over the past month, Sea TV Network has seen a decrease of 3.07%, while the Sensex has remained relatively stable with a drop of just 0.16%. The stock's performance over the last year is particularly concerning, with a staggering loss of 57.92%, in stark contrast to the Sensex's decline of only 4.30%. Year-to-date, Sea TV Network has fallen 40.73%, while the Sensex has gained 4.31%.

The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Factors contributing to this selling pressure may include broader market conditions and company-specific challenges within the media and entertainment sector.