Telogica Ltd Faces Intense Selling Pressure Amid Significant Price Declines

Telogica Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, with a 4.97% drop in its stock price, contrasting sharply with the Sensex's modest decline of 0.32%. Over the past week, Telogica has lost 22.49%, while the Sensex has only decreased by 0.58%.
The trend continues over a longer timeframe, with Telogica's performance down 39.79% in the last month and 46.10% over the past three months, compared to the Sensex's declines of 1.78% and 2.42%, respectively. Year-to-date, Telogica has fallen 41.40%, significantly underperforming the Sensex, which is down just 3.12%.

The stock has been on a downward trajectory for the last nine consecutive days, accumulating a total loss of 36.79% during this period. Additionally, Telogica is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained bearish trend. This performance highlights the challenges faced by Telogica in the current market environment.