The daily momentum indicator has a negative crossover which is a sell signal, and the indicator is still away from the equilibrium line indicating that the weakness can continue
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of