My Money Securities Faces Intense Selling Pressure Amid Significant Price Declines

My Money Securities Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend has resulted in consecutive days of losses, highlighting a challenging market environment for the microcap finance/NBFC company. Over the past week, My Money Securities has declined by 2.33%, underperforming the Sensex, which fell by 1.49%. The one-month performance reveals a more pronounced downturn, with the stock down 10.36%, while the Sensex has gained 4.60%.
In the last three months, My Money Securities has experienced a staggering decline of 52.61%, compared to the Sensex's modest drop of 3.50%. Year-to-date, the stock is down 46.84%, contrasting sharply with the Sensex's decline of just 2.16%. Despite a strong one-year performance of 68.20%, the longer-term outlook appears grim, with a three-year performance of only 10.04% against the Sensex's 28.97% and a ten-year performance of -9.98% compared to the Sensex's impressive 170.52%.

The price summary indicates that while My Money Securities is performing in line with its sector today, it remains below key moving averages, particularly the 5-day, 50-day, 100-day, and 200-day averages, which may contribute to the ongoing selling pressure.