Supreme Industries Faces Technical Trend Shifts Amid Market Evaluation Revision

Supreme Industries, a prominent player in the plastic products sector, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 3,418.50, down from the previous close of 3,447.70, with a notable 52-week high of 6,482.40 and a low of 3,285.00. Today's trading saw a high of 3,499.70 and a low of 3,401.00.
The technical summary indicates a bearish sentiment in the weekly MACD and Bollinger Bands, while the monthly indicators show a mildly bearish trend. The Relative Strength Index (RSI) presents no signal on a weekly basis but remains bullish monthly. Moving averages and KST also reflect bearish tendencies, suggesting a cautious outlook.

In terms of performance, Supreme Industries has faced challenges compared to the Sensex. Over the past week, the stock returned -0.34%, while the Sensex gained 2.44%. In the one-month period, the stock's return was -4.56%, contrasting with the Sensex's 3.60% increase. Year-to-date, Supreme Industries has seen a decline of 27.40%, while the Sensex has only dipped by 1.09%. However, over longer periods, such as three, five, and ten years, the company has outperformed the Sensex significantly, highlighting its resilience and growth potential in the long term.