Why is Californ. Sof.PP falling/rising?
As of 16-Sep, California Software Company Ltd Partly Paidup's stock price is declining at 4.04, down 3.58% and has fallen 12.93% over the last four days, underperforming its sector and the broader market significantly. The stock is trading below all key moving averages, indicating a bearish trend and decreased investor interest.
As of 16-Sep, California Software Company Ltd Partly Paidup is experiencing a decline in its stock price, currently at 4.04, which reflects a decrease of 0.15 or 3.58%. The stock has been underperforming significantly, with a consecutive fall over the last four days resulting in a total decline of 12.93%. Additionally, it is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. The stock's performance today has also underperformed its sector by 4.42%. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 88.04% compared to the 5-day average, suggesting decreased interest from investors.In the broader market context, the stock's performance over the past week shows a decline of 11.40%, while the benchmark Sensex has increased by 1.58%. This stark contrast highlights the stock's weakness relative to the market. Over the past month, California Software Company Ltd has also underperformed, with a decline of 4.27% compared to the Sensex's gain of 2.21%. Overall, the combination of poor stock performance, declining investor interest, and a lack of positive factors has contributed to the stock's downward trajectory.
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