Steel Strips Wheels' Stock Performance Declines, Given 'Sell' Call by MarketsMOJO

Steel Strips Wheels, a smallcap company in the auto ancillary industry, has been in the news recently due to its stock performance. According to MarketsMOJO, the stock has been given a 'Sell' call, with a significant underperformance of -1.86% compared to the sector. The stock opened today with a loss of -9.92%, indicating a gap down opening.

The day's low for the stock was Rs 211.5, which is a decrease of -9.92% from the previous day's closing price. The stock has also shown high volatility today, with an intraday volatility of 13.55%, calculated from the weighted average price. This could be a cause for concern for investors.

In terms of moving averages, Steel Strips Wheels is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend in the stock's performance.

The auto ancillary sector as a whole has also seen a decline of -4.44%, which could be a contributing factor to Steel Strips Wheels' underperformance. In comparison, the stock has shown a 1-day performance of -6.45% against the Sensex's performance of -1.99%, and a 1-month performance of -9.52% against the Sensex's performance of -0.78%.

Overall, the stock of Steel Strips Wheels has been on a downward trend, with a 'Sell' call from MarketsMOJO. Investors may want to keep an eye on the stock's performance and the overall sector before making any investment decisions.