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Stock analysis ICICI Bank Limited ICICIBANK

More indepth analysis on MunafaSutra.com

Moving Averages for ICICI Bank Limited

  • 5Day Average: 1228.38
  • 12Day Average: 1241.41
  • 20Day Average: 1259.08
  • 50Day Average: 1284.27
  • 100Day Average: 1275.73
  • 150Day Average: 1253.4
  • 200Day Average: 1220.3

ICICIBANK Indicators & signals

Indicator MACD (12,26,9)

1239.69, 1260.06, -15.77
Indicator MACD is in negative zone

Indicator ADX (14)

49.63, 9.86, 29.28
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 38
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of ICICIBANK ICICI Bank Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Tue Jan 2025 1196.15 1192.70 to 1238.95 -2.98% 2.32 times
20 Mon Jan 2025 1232.95 1215.25 to 1241.75 0.61% 0.87 times
17 Fri Jan 2025 1225.45 1218.00 to 1249.00 -1.89% 1.11 times
16 Thu Jan 2025 1249.10 1239.65 to 1255.50 0.88% 1.34 times
15 Wed Jan 2025 1238.25 1230.00 to 1244.40 -0.17% 0.61 times
14 Tue Jan 2025 1240.30 1227.45 to 1244.85 0.86% 1.17 times
13 Mon Jan 2025 1229.75 1224.90 to 1243.95 0% 1.09 times
13 Mon Jan 2025 1229.75 1224.90 to 1243.95 -1.61% 1.09 times
10 Fri Jan 2025 1249.85 1243.10 to 1264.95 -0.99% 0.89 times
09 Thu Jan 2025 1262.40 1248.10 to 1264.75 -0.11% 0.98 times
08 Wed Jan 2025 1263.75 1252.35 to 1285.00 -1.21% 0.85 times
07 Tue Jan 2025 1279.25 1266.50 to 1288.95 1.2% 0.85 times

Technical analysis forecast for ICICI Bank Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT ICICI Bank Limited ICICIBANK at this time. Stock is falling and might fall more.

It appears as if ICICI Bank Limited ICICIBANK gave a large move recently.

Stock of ICICI Bank Limited (ICICIBANK) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for ICICI Bank Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1190.7, for a target of 1224.8 or 1253.22

More indepth analysis on MunafaSutra.com