Setco Automotive Ltd Faces Selling Pressure with 4.99% Decline, Total Loss of 14.18% Over Three Days

Setco Automotive Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past three days, resulting in a cumulative decline of 14.18%. Today, Setco Automotive's stock price fell by 4.99%, starkly contrasting with the Sensex, which only dipped by 0.13%.
Over the past week, Setco Automotive has lost 7.76%, while the Sensex decreased by 2.25%. In the longer term, the stock's performance has been mixed; it gained 40.92% over the past year compared to the Sensex's decline of 4.80%. However, year-to-date, Setco Automotive has underperformed with a drop of 10.18%, against the Sensex's gain of 2.71%.

The stock's current price is below its 5-day, 100-day, and 200-day moving averages, indicating a bearish trend. Potential contributing factors to this selling pressure may include market sentiment shifts, sector-specific challenges, or company-specific issues. Overall, Setco Automotive's performance metrics highlight a challenging environment as it continues to grapple with selling activity.