Recent Price Movement and Market Context
ASM Technologies’ share price has been on a downward trend for the past two days, cumulatively losing 5.31% in returns during this short span. On 02-Dec, the stock underperformed its sector by 4.06%, touching an intraday low of ₹3,392.50, which represents a 4.87% decline from previous levels. The weighted average price for the day indicates that a larger volume of shares traded closer to the lower end of the price range, suggesting selling pressure.
Despite this short-term weakness, the stock remains well above its 200-day moving average, signalling that the longer-term trend is still intact. However, it is currently trading below its 5-day, 20-day, 50-day, and 100-day moving averages, which may be contributing to the recent bea...
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