Edelweiss Financial Services Shows Signs of Trend Reversal Amid Mixed Performance Metrics

Jan 29 2025 10:45 AM IST
share
Share Via
Edelweiss Financial Services experienced a notable increase on January 29, 2025, reversing a three-day decline and outperforming its sector. The stock is currently above its 200-day moving average but below several shorter-term averages, indicating mixed performance. Over the past month, it has declined significantly compared to the Sensex.
Edelweiss Financial Services has shown notable activity today, gaining 5.06% on January 29, 2025. This performance has allowed the stock to outperform its sector by 2.87%, marking a significant trend reversal after three consecutive days of decline. The stock reached an intraday high of Rs 108.55, reflecting a 5.54% increase during the trading session.

In terms of moving averages, Edelweiss Financial Services is currently positioned higher than its 200-day moving average, yet remains below its 5-day, 20-day, 50-day, and 100-day moving averages. This indicates a mixed short-term performance relative to longer-term trends.

Over the past month, the stock has experienced a decline of 14.75%, contrasting with the Sensex, which has decreased by 3.04%. The recent uptick in price may suggest a shift in momentum, but the overall performance metrics indicate a complex landscape for the midcap finance company. As the market continues to evolve, stakeholders will be keenly observing how these trends develop.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Kanani Industries Ltd is Rated Strong Sell
43 minutes ago
share
Share Via
Shiva Texyarn Ltd is Rated Sell
43 minutes ago
share
Share Via
Riba Textiles Ltd is Rated Sell
43 minutes ago
share
Share Via
Piramal Pharma Ltd is Rated Strong Sell
43 minutes ago
share
Share Via
Infibeam Avenues Ltd is Rated Hold
43 minutes ago
share
Share Via