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Technicals for State Bank of India
By MusingTheNews
2025-10-17 20:55
Overall Technical outlook
Price Summary
On 2025-10-17, State Bank of India's stock opened at 887.5, reached 894.75, hit a low of 883.0, and rose 0.19% to close at 889.15, with 8510068 shares traded. In the past year, the highest stock price was 889.15, and the lowest was 688.8. SBIN's future price is expected to lie between 720.0 and 1102.0, with an average expectation of 929.9598, as per the recommendations of 41 analysts.
Technicals
Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding at the 100 level for SBIN. This shows strong upward momentum, but further analysis using additional indicators is necessary to determine the trend's sustainability and future potential. Aroon chart for State Bank of India
Bol. Bands: The current state of the BOLL BANDS is neutral for SBIN, 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 State Bank of India
Parabolic SAR: The PSAR for SBIN maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for State Bank of India
Stochastic: The stochastic indicator is in a bullish phase, as the K-line is above the D-line and the 80 mark. This setup suggests strong upward momentum, implying that SBIN may continue to experience gains. Investors may consider this a positive signal for continued market growth. Stochastic chart for State Bank of India
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 State Bank of India. 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 State Bank of India
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
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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