Why is Astonea Labs falling/rising?
As of 28-Oct, Astonea Labs Ltd is priced at 147.00, showing a slight increase but trading below key moving averages, indicating a bearish trend. The stock has underperformed compared to the Sensex, with significant declines in investor participation and delivery volume, reflecting a lack of confidence among investors.
As of 28-Oct, Astonea Labs Ltd is currently priced at 147.00, reflecting a slight increase of 0.2 (0.14%). The stock has shown a trend reversal, gaining after three consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall. Additionally, the stock has underperformed in the past week and month, with returns of -8.44% and -12.58%, respectively, compared to the Sensex, which has gained 0.24% and 5.22% in the same periods. There is a notable decline in investor participation, as evidenced by a 43.97% drop in delivery volume on October 27 compared to the 5-day average, which may contribute to the stock's recent volatility.In the broader market context, Astonea Labs' performance has been significantly weaker than the benchmark index, the Sensex, particularly over the past week and month. While the Sensex has shown positive returns, Astonea Labs has struggled, indicating a lack of investor confidence. The stock's liquidity remains adequate for trading, but the falling delivery volume suggests that fewer investors are willing to buy into the stock at this time. Overall, the combination of recent declines, lower investor participation, and underperformance relative to the benchmark contributes to the current price movement of Astonea Labs.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
