Unitech's Stock Faces Downward Trend and 'Strong Sell' Call from MarketsMOJO

Unitech, a smallcap real estate company, has been facing a downward trend in its stock performance. According to MarketsMOJO, the stock has been given a 'Strong Sell' call, indicating a negative outlook for investors.

Today, the stock opened with a loss of -5.0%, underperforming the sector by -2%. This is in line with the company's recent performance, as it has been losing for the last 4 days and has fallen -14.9% in that period. This downward trend is reflected in the stock's moving averages, which are higher than the 50 day, 100 day, and 200 day moving averages, but lower than the 5 day and 20 day moving averages.

In comparison to the overall market, Unitech's stock has also been underperforming. Its 1 day performance is -3.73% compared to the Sensex's -0.64%, and its 1 month performance is -10.17% compared to the Sensex's 2.73%.

While the company's size as a smallcap may make it an attractive investment option for some, it is important for investors to consider the current state of the stock and the real estate industry as a whole. With the current negative outlook and underperformance, it may be wise to approach Unitech's stock with caution.