Tricom Fruit Products Ltd Faces Selling Pressure, Declines 3.16% Amid Ongoing Seller Dominance.

Tricom Fruit Products Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive losses over the past two days, resulting in a decline of 7.89%. Today, Tricom Fruit Products Ltd fell by 3.16%, markedly underperforming the Sensex, which only dipped by 0.05%.
Despite a strong performance over the past month, where the stock rose by 38.42%, its three-month performance shows a decline of 7.20%, contrasting with the Sensex's slight gain of 0.04%. Over the past year, Tricom has managed a notable increase of 45.83%, while the Sensex has only risen by 0.38%. However, the stock's five-year performance remains stagnant at 0.00%, significantly lagging behind the Sensex's impressive growth of 101.71%.

The current selling pressure may be attributed to various factors, including market sentiment and recent trading patterns. Notably, the stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, yet it is below its 5-day moving average, indicating a potential shift in momentum.