Setco Automotive Faces Intensified Selling Pressure Amid Consecutive Losses and Underperformance

Setco Automotive 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 2.00% in today's trading session. Over the past week, Setco Automotive has experienced a notable drop of 9.86%, while the benchmark Sensex has only decreased by 0.20% during the same period.
In terms of longer-term performance, Setco Automotive's results are concerning. The stock has lost 5.52% year-to-date, contrasting sharply with the Sensex's gain of 6.79%. Over the past three months, Setco has declined by 6.32%, while the Sensex has surged by 14.09%. Even on a one-year basis, Setco's performance of 12.29% outpaces the Sensex's 4.31%, but this is overshadowed by its poor showing over five and ten years, where it has underperformed significantly.

The price summary indicates that while Setco Automotive has outperformed its sector by 0.55% today, it remains below several key moving averages, specifically the 5-day, 50-day, and 100-day averages, which may contribute to the ongoing selling pressure.