Zodiac Clothing Company Faces Significant Selling Pressure with 15.91% Yearly Loss and Declining Performance

Zodiac Clothing Company Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of consecutive days of losses, highlighting a challenging environment for the microcap garment and apparel company.
In terms of performance, Zodiac Clothing has underperformed relative to the Sensex across various time frames. Over the past day, the stock remained flat at 0.00%, while the Sensex dipped by 0.17%. In the past week, Zodiac managed a slight gain of 0.72%, contrasting with the Sensex's decline of 0.94%. However, the longer-term outlook reveals a troubling trajectory, with the stock down 15.91% over the past year compared to the Sensex's gain of 6.41%.

The stock's performance has been further hampered by erratic trading patterns, as it did not trade on one day out of the last 20. Additionally, Zodiac Clothing Company is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. These factors collectively contribute to the ongoing selling pressure observed in the market.