Thomas Scott India Experiences Mixed Technical Trends Amidst Market Evaluation Revision

Thomas Scott India, a microcap player in the Garments & Apparels industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 364.00, down from a previous close of 378.80, with a 52-week high of 500.55 and a low of 184.20. Today's trading saw a high of 390.00 and a low of 362.00.
The technical summary indicates a mixed performance across various indicators. The MACD shows a bullish trend on a weekly basis, while the monthly perspective leans mildly bearish. The Relative Strength Index (RSI) is bearish weekly, with no signal on a monthly basis. Bollinger Bands suggest a mildly bullish outlook weekly and bullish monthly. Moving averages indicate a mildly bearish trend daily, while the KST reflects a mildly bearish stance both weekly and monthly. Notably, the On-Balance Volume (OBV) remains bullish on both time frames.

In terms of returns, Thomas Scott India has shown significant resilience over the long term, with a remarkable 844.23% return over three years and an impressive 6729.27% over five years. In contrast, the Sensex has returned 40.65% and 123.55% over the same periods, respectively. However, the stock has faced challenges in the short term, with a year-to-date return of -21.17% compared to the Sensex's 4.58%. This evaluation adjustment highlights the company's fluctuating performance amidst broader market trends.