Why is Mystic Electron. falling/rising?
As of 11-Jun, Mystic Electronics Ltd's stock price is declining at 4.34, down 1.81% and has fallen 7.66% over the last five days. The stock has underperformed compared to the Sensex, which gained 1.87%, and has seen a year-to-date decline of 33.84%.
As of 11-Jun, Mystic Electronics Ltd is experiencing a decline in its stock price, currently at 4.34, reflecting a decrease of 0.08 or 1.81%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total return of -7.66% over that period. Additionally, the stock's performance today has underperformed its sector by 1.62%. The delivery volume has also decreased significantly, with a drop of 28.74% compared to the five-day average, indicating falling investor participation. While the stock is trading higher than its 50-day moving average, it remains below the 5-day, 20-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.In the broader market context, Mystic Electronics Ltd's short-term performance contrasts sharply with the benchmark, as the Sensex has gained 1.87% over the past week while the stock has lost 7.66%. Year-to-date, the stock has seen a significant decline of 33.84%, while the Sensex has increased by 5.60%. This disparity highlights the challenges faced by Mystic Electronics Ltd in the current market environment, where it has consistently underperformed relative to the broader market indices over various time frames.
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