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Technicals for IDBI Bank Limited
By MusingTheNews
2025-06-13 20:38
Overall Technical outlook
Price Summary
With a -2.9% dip, IDBI Bank Limited enjoyed a awful day in the stock market. On 2025-06-12, IDBI's stock opened at 100.49, reached a peak of 101.49, dropped to 97.06, and ended -2.9% down at 97.58, with a volume of 10885246 shares. Over the course of 52 weeks, the stock peaked at 104.22 and hit a low of 66.24.
Technicals
Aroon: The AROON is in a neutral stance for IDBI, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for IDBI Bank Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for IDBI Bank Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for IDBI. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for IDBI Bank Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for IDBI Bank Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages indicates a bearish trend for IDBI, but the wavering slopes of the 20 and 50 SMAs suggest that this momentum may be fading. This weakening could be a precursor to a bullish reversal, as the market's current downtrend shows signs of losing steam. Investors may soon see a shift towards more positive price action as the trend begins to change. Tripple SMA chart for IDBI Bank Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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