Supreme Petrochem Faces Mixed Technical Trends Amid Market Volatility

Supreme Petrochem, a small-cap player in the petrochemicals industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 799.25, having seen fluctuations with a previous close of 819.40. Over the past year, the stock has experienced a high of 910.60 and a low of 518.05, indicating significant volatility.
In terms of technical indicators, the company shows a mixed picture. The MACD indicates a mildly bearish trend on a weekly basis while remaining bullish on a monthly scale. The Relative Strength Index (RSI) shows no signals for both weekly and monthly periods, suggesting a neutral momentum. Bollinger Bands are bullish on both weekly and monthly charts, while moving averages indicate a mildly bullish stance on a daily basis.

When comparing the company's performance to the Sensex, Supreme Petrochem has demonstrated notable returns over various periods. Year-to-date, the stock has returned 19.35%, significantly outperforming the Sensex's 4.05%. Over the last three years, it has achieved a remarkable 101.09% return compared to the Sensex's 38.34%. However, the one-year return of -9.54% contrasts with the Sensex's slight gain of 0.31%, highlighting the stock's recent challenges despite its long-term growth trajectory.