Why is Kemp & Co. falling/rising?
As of 13-Nov, Kemp & Co Ltd's stock price is 1,174.00, down 4.94% and underperforming its sector. The stock has declined 9.69% over the last two days and is trading below all key moving averages, indicating a bearish trend despite some long-term gains.
As of 13-Nov, Kemp & Co Ltd is experiencing a decline in its stock price, currently at 1,174.00, reflecting a decrease of 61.0 points or 4.94%. The stock has underperformed its sector by 4.22% today and has been on a consecutive downward trend for the last two days, accumulating a total loss of 9.69% during this period. Additionally, Kemp & Co is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has also shown erratic trading patterns, having not traded on 2 out of the last 20 days. Despite a rise in delivery volume by 27.27% against the 5-day average, the overall performance remains weak, with a year-to-date decline of 23.00% compared to a positive 8.11% return from the Sensex.In the broader market context, Kemp & Co's short-term performance has been notably poor, with a 1-week return of -6.11%, while the Sensex has gained 1.40% in the same period. This stark contrast highlights the stock's struggles relative to the benchmark index. The company's long-term performance shows some resilience, with a 3-year return of 76.26% and a 5-year return of 215.72%, but the recent trends suggest a significant downturn that is not aligned with the overall market's positive trajectory. The lack of positive factors in the dashboard further emphasizes the challenges Kemp & Co is facing in the current market environment.
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