Recent Price Movement and Market Context
On 14-Jan, SpiceJet’s shares traded close to their 52-week low, just 0.92% above the lowest price of ₹25.85 recorded in the past year. The stock’s decline of 2.1% on the day further emphasises its weak momentum. It has underperformed its sector by 1.51% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical weakness suggests a lack of buying interest and persistent bearish sentiment among investors.
Investor participation has shown some increase, with delivery volumes rising by over 100% compared to the five-day average, indicating heightened trading activity. However, this has not translated into price support, as the stock remains under pressure.Read full news article














