Supreme Engineering Ltd Faces Intense Selling Pressure Amid Significant Price Declines

Supreme Engineering Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, with a notable decline of 5.11% in just one day, starkly contrasting with the Sensex's minimal drop of 0.06%. Over the past week, Supreme Engineering has also underperformed, with a total loss of 5.11%, while the Sensex fell by only 0.27%.
In a broader context, the stock's performance over the past month reveals a staggering decline of 23.04%, compared to a 1.45% increase in the Sensex. Year-to-date, Supreme Engineering has plummeted by 37.69%, while the Sensex has gained 6.71%. This trend is further highlighted by the stock's three-year performance, which shows a decline of 40.36%, against the Sensex's impressive growth of 53.91%.

The price summary indicates that Supreme Engineering is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent downward trend. Additionally, the stock has exhibited erratic trading patterns, not trading on four out of the last 20 days, which may contribute to the current selling pressure.