Thinkink Picturez Faces Intense Selling Pressure Amid Significant Price Declines

Thinkink Picturez Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past six days, resulting in a total loss of 16.22% during this period. Today, the stock fell by 3.13%, significantly underperforming the Sensex, which declined by only 0.79%.
In the broader context, Thinkink Picturez has seen a staggering 87.76% drop over the past year, while the Sensex has gained 10.08%. Over the last month, the stock has plummeted by 20.51%, contrasting sharply with the Sensex's positive performance of 7.93%. This trend is further highlighted by the stock's performance over three and five years, where it has lost 91.87% and 81.54%, respectively, compared to the Sensex's gains of 46.32% and 151.88%.

The film production, distribution, and entertainment sector itself has also faced challenges, with a decline of 3.58%. Thinkink Picturez is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend.