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Technicals for Indian Overseas Bank
By MusingTheNews
2025-10-17 20:40
Overall Technical outlook
Price Summary
IOB's shares experienced a significant -3.77% tumble, indicating a lousy market performance. Indian Overseas Bank's stock opened at 40.35 on 2025-10-17, surged to a high of 40.35, hit a low of 38.76, and closed up -3.77% at 38.83, with 13106819 shares traded. The stock's highest value over the last 52 weeks is 58.97, and the lowest value is 34.82.
Technicals
Support and Resistance: At 38.83, the price for IOB is supported at 37.67 and resisted at 39.84. This indicates a trading range where 37.67 serves as a support level, potentially preventing further decline, while 39.84 could limit upward movement. Support/Resistance for IOB
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Indian Overseas Bank
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Indian Overseas Bank
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Indian Overseas Bank
Stochastic: The current reading of the STOCHASTIC is neutral for IOB, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Stochastic chart for Indian Overseas Bank
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Indian Overseas Bank. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Indian Overseas Bank
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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