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Technicals for RBL Bank Limited
By MusingTheNews
2025-06-13 20:51
Overall Technical outlook
Price Summary
On 2025-06-13, RBL Bank Limited's stock opened at 218.45, reached 222.4, hit a low of 216.65, and rose 0.81% to close at 220.23, with 6802190 shares traded. During the past 52 weeks, the highest stock price was 269.55, and the lowest was 149.46. The expected price range is between 140.0 and 250.0, with a mean anticipated price of 198.78947, according to 19 analysts.
Technicals
Support and Resistance: The current price of 220.23 for RBLBANK finds support at 217.63 and resistance at 230.29. These levels define a range in which the price might oscillate, with 217.63 as a potential support and 230.29 as a resistance level. Support/Resistance for RBLBANK
Aroon: The current state of the AROON 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. Aroon chart for RBL Bank Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for RBLBANK, 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 RBL 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 RBL Bank Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Stochastic chart for RBL Bank Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, indicating that this bearish momentum might be losing strength. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move. Tripple SMA chart for RBL Bank Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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