Response Informatics Faces Intense Selling Pressure Amid Significant Price Declines

Response Informatics Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past four days, resulting in a total loss of 19.52% during this period. Today, the stock opened with a gap down of 5%, reaching an intraday low of Rs 45.07.
In terms of performance, Response Informatics has underperformed the Sensex significantly. Over the last day, the stock fell by 5.00%, while the Sensex gained 0.32%. The one-week performance shows a decline of 16.46% for Response Informatics compared to a slight increase of 0.05% in the Sensex. Over the past month, the stock has dropped 23.61%, while the Sensex has only decreased by 0.53%.

The year-to-date performance reflects a decline of 16.35% for Response Informatics, contrasting with a 2.47% drop in the Sensex. Notably, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. These factors collectively highlight the ongoing challenges faced by Response Informatics in the current market environment.