Supreme Petrochem Faces Mixed Technical Signals Amid Fluctuating Market Performance

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 781.10, down from a previous close of 803.10, with a 52-week high of 981.65 and a low of 518.05. Today's trading saw a high of 798.15 and a low matching the current price.
The technical summary indicates mixed signals across various indicators. The MACD shows a mildly bearish trend on a weekly basis while remaining bullish on a monthly scale. The Relative Strength Index (RSI) presents no clear signals for both weekly and monthly assessments. Bollinger Bands suggest a bearish outlook weekly, contrasted with a mildly bullish stance monthly. Moving averages indicate a mildly bullish trend on a daily basis, while the KST reflects a mildly bearish trend on both weekly and monthly evaluations. The On-Balance Volume (OBV) shows no trend weekly but is bearish monthly.

In terms of performance, Supreme Petrochem's returns have varied significantly over different periods. Year-to-date, the stock has outperformed the Sensex with a return of 16.64% compared to the index's 5.36%. Over three years, the stock has delivered a remarkable 107.75% return, significantly surpassing the Sensex's 43.84%. However, in the past year, the stock has lagged behind the Sensex, with a return of -1.83% compared to the index's 1.16%. These metrics highlight the company's fluctuating performance relative to broader market trends.