Tricom Fruit Products Ltd Faces Selling Pressure, Declines 4.60% Amid Four-Day Loss Streak

Tricom Fruit Products Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past four days, resulting in a total decline of 14.29%. Today, the stock fell by 4.60%, underperforming the Sensex, which gained 0.37%.
In the past week, Tricom Fruit Products has seen a notable drop of 13.96%, while the Sensex rose by 0.90%. Despite a positive performance of 23.91% over the last month, the stock's longer-term trends reveal challenges, including an 18.57% decline over the past three months and a stagnant performance year-to-date at just 0.44%.

The stock's performance relative to the Sensex highlights a concerning trend, particularly over the five-year period, where Tricom has not gained any value compared to the Sensex's impressive 107.37% increase. The stock's moving averages indicate it is currently above the 20-day, 50-day, and 200-day averages but below the 5-day and 100-day averages, suggesting a potential shift in momentum. Factors contributing to the selling pressure may include market sentiment and broader economic conditions affecting the FMCG sector.