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Technicals for HDFC Bank Limited
By MusingTheNews
2025-04-25 20:36
Overall Technical outlook
Price Summary
On 2025-04-25, HDFC Bank Limited's stock opened at 1924.8, spiked to 1933.0, declined to 1891.8, and closed -0.71% lower at 1911.2, with 9248525 shares traded. In the 52-week period, the stock's peak price is 1961.7, and the lowest price recorded is 1437.9. The future price of HDFCBANK is anticipated to range from 1627.0 to 2660.0, with an expected mean price of 2150.1428, according to the recommendations of 42 analysts.
Technicals
Aroon: The AROON 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. Aroon chart for HDFC Bank Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for HDFCBANK, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for HDFC 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 HDFC Bank Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for HDFC Bank Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for HDFCBANK, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon. Tripple SMA chart for HDFC Bank Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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