This article examines the stock market volatility and investor behavior in India...
Technicals for State Bank of India
By MusingTheNews
2025-04-25 20:55
Overall Technical outlook
Price Summary
SBIN's shares experienced a significant -2.01% crash, indicating a lousy market performance. On 2025-04-25, State Bank of India's stock opened at 815.0, reached a high of 819.0, dropped to a low of 787.0, and closed lower -2.01% at 798.65, with a trading volume of 13129942 shares. Over the past 52 weeks, the stock reached a maximum price of 905.65 and a minimum price of 688.8. The price projection is between 700.0 and 1102.0, with an average expected price around 922.8489, according to 44 analysts.
Technicals
Support and Resistance: The current price for SBIN is 798.65, supported at 788.3 with resistance at 832.7. This indicates a trading range where 788.3 might prevent further declines, while 832.7 could hinder additional gains. Support/Resistance for SBIN
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for State Bank of India
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for State Bank of India
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that State Bank of India is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for State Bank of India
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for State Bank of India
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for SBIN, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for State Bank of India
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into how digital technologies are transforming financial services in...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.