Supreme Industries Shows Mixed Technical Trends Amidst Market Challenges

Supreme Industries, a midcap player in the plastic products industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 4,576.50, slightly down from the previous close of 4,635.40. Over the past year, Supreme Industries has faced challenges, with a return of -15.77%, contrasting with a modest decline of -1.12% in the Sensex during the same period.
In terms of technical indicators, the weekly MACD remains bullish, while the monthly outlook shows a mildly bearish trend. The Relative Strength Index (RSI) indicates no signal on a weekly basis but is bullish monthly. Bollinger Bands suggest a mildly bullish stance weekly and bullish monthly. Moving averages indicate a bullish trend on a daily basis, while the KST reflects a bullish weekly trend but a mildly bearish monthly outlook.

Notably, the company's performance over longer periods has been more favorable, with a remarkable return of 137.91% over three years and an impressive 243.87% over five years, significantly outpacing the Sensex returns of 37.31% and 106.75%, respectively. This long-term performance highlights the resilience of Supreme Industries in a fluctuating market environment.