Why is HVAX Technolog. falling/rising?

Jun 20 2025 10:57 PM IST
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As of 20-Jun, HVAX Technologies Ltd's stock price is 924.95, down 4.64%, and has underperformed its sector today. Despite a strong month with a 54.16% increase, recent declines in investor participation and a drop below its 5-day moving average indicate a potential shift in market sentiment.
As of 20-Jun, HVAX Technologies Ltd is experiencing a decline in its stock price, currently at 924.95, reflecting a decrease of 45.05 or 4.64%. The stock has underperformed its sector today by 4.93%, and while it remains higher than its 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than its 5-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 35.29% compared to the 5-day average. Over the past month, the stock has shown a strong performance with a 54.16% increase, but it has also faced a 1.60% decline over the past week.

In the broader market context, the Sensex has gained 1.59% over the past week and 1.74% over the past month, indicating that the overall market is performing positively while HVAX Technologies is struggling. Year-to-date, HVAX has outperformed the benchmark with a 43.15% increase compared to the Sensex's 6.21%. However, the recent underperformance and declining investor interest suggest that market sentiment towards HVAX may be shifting negatively, despite its strong performance in the longer term.
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