Shradha AI Technologies Faces Intensified Selling Pressure Amid Consecutive Losses

Shradha AI Technologies Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses, with a decline of 1.98% in its one-day performance, contrasting sharply with the Sensex, which gained 0.18% during the same period. Over the past week, Shradha AI Technologies has seen a modest increase of 1.91%, but this is overshadowed by the Sensex's 3.75% rise.
In the last month, the stock has dropped by 22.43%, while the Sensex has risen by 4.72%. This trend continues over a three-month period, where Shradha AI Technologies has lost 22.70%, compared to a slight decline of 0.44% in the Sensex. Year-to-date, the stock is down 29.69%, while the Sensex remains nearly flat at -0.02%.

The stock's performance today underperformed its sector by 2.07%, and it has fallen 3.94% over the last two days. While the stock is trading above its 200-day moving average, it remains below its 5-day, 20-day, 50-day, and 100-day moving averages, indicating a bearish trend. These factors collectively contribute to the ongoing selling pressure observed in Shradha AI Technologies Ltd.