Ultramarine & Pigments Faces Bearish Technical Trends Amid Market Evaluation Revision

Ultramarine & Pigments, a small-cap player in the dyes and pigments industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 444.15, down from a previous close of 448.65, with a 52-week high of 589.25 and a low of 366.00. Today's trading saw a high of 454.80 and a low of 440.00.
The technical summary indicates a bearish sentiment across several indicators. The MACD shows a bearish trend on a weekly basis, while the monthly outlook is mildly bearish. Bollinger Bands also reflect a bearish stance for both weekly and monthly periods. Moving averages confirm a bearish trend on a daily basis, and the KST presents a mixed picture with a bearish weekly trend and a bullish monthly trend.

In terms of performance, Ultramarine & Pigments has shown varied returns compared to the Sensex. Over the past week, the stock returned 0.60%, while the Sensex gained 5.66%. Over the month, the stock declined by 5.32%, contrasting with the Sensex's 3.25% increase. Year-to-date, Ultramarine & Pigments has seen a decline of 17.00%, while the Sensex has risen by 1.62%. However, on a yearly basis, the stock has outperformed the Sensex with a return of 9.92% compared to 8.65%. Over the longer term, the stock has shown significant growth, particularly over the past five and ten years, with returns of 182.72% and 543.70%, respectively.