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Technicals for Indian Bank
By MusingTheNews
2025-08-15 20:39
Overall Technical outlook
Price Summary
On 2025-08-14, Indian Bank's stock opened at 670.7, reached 673.2, hit a low of 666.05, and rose -0.37% to close at 668.25, with 538598 shares traded. During the past 52 weeks, the highest stock price was 674.0, and the lowest was 475.8. According to 11 analysts, the price of INDIANB in the future is projected to be between 619.0 and 775.0, with an average expected price of 721.4545.
Technicals
Support and Resistance: The current price for INDIANB is 668.25, supported at 651.8 with resistance at 674.0. This indicates a trading range where 651.8 might prevent further declines, while 674.0 could hinder additional gains. Support/Resistance for INDIANB
Aroon: The AROON is currently in a neutral position for Indian Bank, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for Indian Bank
Bol. Bands: The BOLL BANDS is currently in a neutral position for Indian Bank, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Indian Bank
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for INDIANB. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Indian Bank
Stochastic: The K-line has dropped below the D-line on the stochastic indicator while staying above 80, suggesting that a bearish price move may be beginning. This pattern indicates that the market's upward momentum is weakening, potentially leading to a reversal. Investors should stay alert for additional signs of a downturn. Stochastic chart for Indian Bank
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that the bearish momentum is starting to weaken for Indian Bank. This could be an early sign of a potential bullish reversal, as the market's downward trend loses strength, possibly leading to a shift towards more positive price action. Tripple SMA chart for Indian Bank
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's 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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