Symphony Faces Mixed Technical Trends Amidst Significant Stock Volatility

Symphony, a midcap player in the domestic appliances industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 1,060.00, down from a previous close of 1,100.65. Over the past year, Symphony has experienced a high of 1,878.95 and a low of 820.10, indicating significant volatility.
The technical summary reveals a mixed picture. The MACD shows bearish signals on a weekly basis while remaining bullish monthly. Bollinger Bands and moving averages indicate bearish trends, suggesting a cautious outlook in the short term. The KST also reflects a bearish stance weekly, although it is bullish monthly. The Dow Theory presents a mildly bearish trend on both weekly and monthly scales, while the On-Balance Volume shows a mildly bearish trend weekly with no clear direction monthly.

In terms of performance, Symphony's stock return has lagged behind the Sensex across various time frames. Over the past week, Symphony's return was -7.10%, compared to the Sensex's -2.81%. The one-month return stands at -16.11% against the Sensex's -3.56%. Year-to-date, Symphony has seen a decline of 21.15%, while the Sensex has dropped only 6.32%. Notably, over the last year, Symphony has outperformed the Sensex with an 18.21% return compared to the Sensex's 1.24%. However, the longer-term view shows Symphony trailing the Sensex significantly over three, five, and ten-year periods.