Setubandhan Infrastructure Faces Intense Selling Pressure Amid Consecutive Losses

Setubandhan Infrastructure 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 total decline of 15.48%. Today, the stock fell by 5.33%, significantly underperforming the Sensex, which saw a slight increase of 0.08%.
In the past week, Setubandhan Infrastructure has dropped 12.35%, while the Sensex declined by only 1.08%. Over the last month, the stock has plummeted by 28.28%, contrasting sharply with the Sensex's modest gain of 1.03%. Year-to-date, the stock is down 8.97%, while the Sensex has risen by 5.76%. The long-term performance is equally concerning, with a staggering 63.59% decline over three years compared to the Sensex's gain of 53.71%.

Contributing factors to this selling pressure may include erratic trading patterns, as the stock did not trade on five out of the last 20 days. Additionally, while the stock's price is higher than the 100-day moving average, it remains below the 5-day, 20-day, 50-day, and 200-day moving averages, indicating a bearish trend.