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 4.59% in just one day, significantly underperforming the Sensex, which fell by only 0.96% during the same period. Over the past week, Supreme Engineering has also declined by 4.59%, while the Sensex saw a smaller drop of 0.22%.
In the last month, the stock has plummeted by 12.21%, contrasting sharply with the Sensex's minimal decline of 0.13%. Year-to-date, Supreme Engineering has faced a staggering loss of 30.22%, while the Sensex has gained 4.45%. This trend is further highlighted by the stock's performance over three years, where it has decreased by 30.74%, compared to the Sensex's impressive growth of 56.16%.

The stock's erratic trading pattern, having not traded on four days out of the last 20, may contribute to the current selling pressure. Additionally, Supreme Engineering is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend.