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Technicals for Bandhan Bank Limited
By MusingTheNews
2025-04-25 20:25
Overall Technical outlook
Price Summary
The stock of BANDHANBNK fell -3.09% today, reflecting a poor market performance. On 2025-04-25, Bandhan Bank Limited's stock opened at 170.73, spiked to 171.76, declined to 163.52, and closed -3.09% down at 165.45, with 7855025 shares traded. In the past year, the highest stock price was 219.77, and the lowest was 130.31. According to 25 analysts, the future price is anticipated to vary between 130.0 and 225.0, with an average expected price of around 176.48.
Technicals
Support and Resistance: The price of 165.45 is supported at 159.05 and capped by resistance at 171.14. These levels mark key points for Bandhan Bank Limited where the price could find stability, with 159.05 as a floor and 171.14 as a ceiling. Support/Resistance for BANDHANBNK
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Bandhan Bank Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Bandhan Bank Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for Bandhan Bank Limited
Stochastic: The stochastic indicator for BANDHANBNK reflects the K-line moving below the D-line, though it stays above 80, hinting at the potential beginning of a bearish price move. This setup suggests that the market's strength may be diminishing, with a possible downturn ahead. Traders should be on alert for further bearish confirmation. Stochastic chart for Bandhan Bank Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Tripple SMA chart for Bandhan Bank Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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