Short-Term Momentum Drives Recent Price Rise
Aurum Proptech has demonstrated notable short-term strength, outperforming its sector by 0.5% on the day and registering a consecutive seven-day gain that has delivered an 8.14% return over this period. This positive momentum is further supported by the stock trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling robust technical support and investor confidence in the near term.
Investor participation has surged markedly, with delivery volumes on 23 Dec reaching 9.64 lakh shares—a staggering 1346.08% increase compared to the five-day average delivery volume. This heightened liquidity and trading activity suggest growing interest from market participants, which of...
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