Whirlpool of India Opens Strong with 4.33% Gain, Outperforming Sector

Whirlpool of India, a midcap player in the domestic appliances industry, has shown significant activity today, opening with a gain of 4.33%. The stock reached an intraday high of Rs 1109.5, outperforming its sector by 2.49%. Over the past day, Whirlpool of India has delivered a performance of 3.16%, compared to the Sensex's 1.91%. In the last month, the stock has surged by 16.92%, while the Sensex has only increased by 1.56%.
In terms of technical indicators, the stock's moving averages are currently higher than the 5-day, 20-day, and 50-day averages, but lower than the 100-day and 200-day averages. The MACD indicates a bearish trend on both weekly and monthly scales, while the RSI shows a bullish signal on a weekly basis. Additionally, the stock is classified as a high beta stock, with a beta of 1.20, suggesting it tends to experience larger fluctuations compared to the market. Overall, Whirlpool of India continues to navigate a complex market landscape with mixed technical signals.