Short-Term Gains Amidst Sector Alignment
The stock has been on a four-day winning streak, accumulating a total return of approximately 1.88% during this period. This recent momentum places KM Sugar Mills in line with its sector’s performance, suggesting that investor interest is gradually strengthening. The delivery volume on 22 Dec rose slightly by 0.81% compared to the five-day average, indicating a rising investor participation that supports the price appreciation. Furthermore, the stock’s current price is positioned above its 5-day and 20-day moving averages, signalling short-term bullishness. However, it remains below the 50-day, 100-day, and 200-day moving averages, which tempers the outlook and suggests that longer-term resistance levels have yet to be overcome.










