Why is Active Clothing falling/rising?
As of 15-Oct, Active Clothing Co Ltd's stock price is declining at 109.00, down 5.22%, and underperforming its sector. The stock shows a bearish trend, trading below all key moving averages, with a significant drop in delivery volume and poor short-term performance compared to the Sensex.
As of 15-Oct, Active Clothing Co Ltd is experiencing a decline in its stock price, currently at 109.00, which reflects a decrease of 6.0 points or 5.22%. The stock has underperformed its sector today by 6.2%, with an intraday high of Rs 119 and a low of Rs 106.2, indicating significant volatility with a range of Rs 12.8. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. The delivery volume has also fallen sharply by 65.66% compared to the 5-day average, indicating a decrease in investor participation. There are no positive or negative dashboard factors available to further explain the stock's recent movement.In the broader market context, Active Clothing's short-term performance has been notably poor, with a 1-week return of -4.34% compared to a positive return of +1.02% for the Sensex. Over the past month, the stock has declined by 14.41%, while the benchmark has remained relatively stable with a 1.00% increase. Year-to-date, the stock has shown a modest gain of 0.46%, but this is significantly lower than the Sensex's 5.72% increase. Overall, the stock's recent performance reflects a challenging environment relative to the broader market, contributing to its current downward trend.
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