Avantel Stock Sees -7.49% Decline, But Long-Term Moving Averages Remain Higher

Avantel, a smallcap IT hardware company, has seen a decline of -7.49% in its stock price on July 19, 2024. According to MarketsMOJO, the stock has been given a 'Hold' call. The stock has underperformed the sector by -4.12% today and has been on a downward trend for the past 4 days, with a fall of -11.48% during this period.

The stock's intraday high was Rs 205.5 (2.96%), while the intraday low was Rs 182.65 (-8.49%). Avantel has shown high volatility today, with an intraday volatility of 5.88% (calculated from weighted average price).

Despite the recent decline, Avantel's moving averages are still higher than the 50-day, 100-day, and 200-day moving averages. However, it is lower than the 5-day and 20-day moving averages.

In the IT - Hardware sector, Avantel has fallen by -3.24%. In comparison, the Sensex has seen a decline of -0.50% today. Over the past month, Avantel's performance has been 2.94%, while the Sensex has seen a growth of 4.65%.

Overall, Avantel's stock has shown a decline today, but its long-term moving averages are still higher. Investors should keep an eye on the stock's performance in the coming days. This is not a recommendation to buy or sell the stock, but rather a fact-based update on its recent performance.