Recent Price Movement and Volatility
On 14 January, Sterling Powergensys Ltd closed at ₹26.06, down ₹1.93 or 6.9% from the previous close. Despite opening the day with a positive gap of 4.68% and reaching an intraday high of ₹29.3, the stock experienced a steep decline, touching a low of ₹26, representing a 7.11% drop intraday. The stock traded within a wide range of ₹3.3, signalling heightened volatility with an intraday volatility of 5.97%. Notably, the weighted average price indicated that more volume was traded near the lower price levels, suggesting selling pressure dominated the session.
Further technical weakness is evident as Sterling Powergensys is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This t...
Read full news article













