Confidence Futuristic Energetech Hits 52-Week Low, Receives Strong Sell Rating

Confidence Futuristic Energetech, a microcap company in the miscellaneous industry, has recently hit a 52-week low on August 7th, 2024. According to MarketsMOJO, the stock has been given a "Strong Sell" rating. The stock's performance today has outperformed the sector by 2.11%, with a new low of Rs.78.6. However, there is a slight positive trend reversal as the stock has gained after four consecutive days of falling.

The stock's intraday high was Rs.82.99, showing a 3.05% increase, while the intraday low was Rs.78.6, a decrease of 2.4%. Confidence Futuristic Energetech is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Confidence Futuristic Energetech has seen a decline of 40.55%, while the Sensex has shown a positive performance of 20.32%. It is important to note that this information is based on facts and not influenced by any external sources or experts. As a microcap company, Confidence Futuristic Energetech may be more volatile in the market, and investors should carefully consider their options before making any decisions.