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Technicals for ICICI Bank Limited
By MusingTheNews
2025-08-15 20:38
Overall Technical outlook
Price Summary
On 2025-08-14, ICICIBANK's stock opened at 1412.0, reached a peak of 1431.1, dropped to 1412.0, and ended 1.08% up at 1427.3, with a volume of 7577793 shares. Over the course of 52 weeks, the stock peaked at 1488.6 and hit a low of 1174.85. The projected price range for ICICI Bank Limited is between 1440.0 and 1860.0, with an expected mean price of 1666.7142, according to 42 analysts.
Technicals
Support and Resistance: At 1427.3, the price for ICICIBANK is supported at 1425.8 and resisted at 1449.0. This indicates a trading range where 1425.8 serves as a support level, potentially preventing further decline, while 1449.0 could limit upward movement. Support/Resistance for ICICIBANK
Aroon: The Aroon indicator is signaling a continued bearish trend, with Aroon Down holding steady at the 100 level. This persistent downward momentum warrants further analysis in conjunction with other indicators to determine its potential impact. Aroon chart for ICICI Bank Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for ICICI Bank Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, establishing a resistance level that could act as a ceiling for upward trends. This resistance suggests that the market may struggle to overcome bearish forces, keeping prices under pressure. Parabolic Stop and Reverse chart for ICICI Bank Limited
Stochastic: The Stochastic K-line's position below the D-line and under 20 suggests a mildly bearish market condition. This setup indicates potential downside risk, but the bearish signal is not very strong. Traders should watch for further developments before making any decisions. Stochastic chart for ICICI Bank Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for ICICI 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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