Tracxn Technologies Hits 52-Week Low, Underperforms Sector and Sensex

Tracxn Technologies, a microcap IT software company, has recently hit a 52-week low on November 18, 2024. The stock has been on a downward trend for the past two days and has fallen by -2.37% during this period. Today, the stock has underperformed the sector by 0.3%.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Tracxn Technologies is 'Sell'. The stock is currently trading at Rs.74.28, which is its new 52-week low. This is a significant decrease from its previous high of Rs.83.10.

In terms of moving averages, Tracxn Technologies is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend for the stock.

In comparison to the Sensex, Tracxn Technologies has underperformed with a -10.65% return in the past year, while the Sensex has shown a positive return of 17.42%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of Tracxn Technologies. Investors are advised to do their own research and consult with a financial advisor before making any investment decisions.