Siel Financial Services Faces Intense Selling Pressure Amid Significant Price Declines

Siel Financial Services Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past 13 days, resulting in a substantial loss of 22.68% during this period. Today's performance reflects a decrease of 1.92%, contrasting sharply with the Sensex, which has gained 0.48%.
Over the past week, Siel Financial Services has dropped 9.35%, while the Sensex has shown a modest increase of 0.30%. The stock's performance over the last month is similarly dismal, with a decline of 1.43% compared to the Sensex's rise of 2.73%. More alarmingly, the stock has plummeted 66.71% over the past three months, while the Sensex has appreciated by 8.32%.

Year-to-date, Siel Financial Services has seen a staggering decline of 72.43%, in stark contrast to the Sensex's 4.40% gain. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. The underperformance against its sector by 2.75% further highlights the challenges faced by this microcap non-banking financial company.