Homepage Active Options Active Stocks

Stock analysis Indian Bank INDIANB

More indepth analysis on MunafaSutra.com

Moving Averages for Indian Bank

  • 5Day Average: 520.08
  • 12Day Average: 520.06
  • 20Day Average: 522.6
  • 50Day Average: 520.19
  • 100Day Average: 485.65
  • 150Day Average: 464.14
  • 200Day Average: 439.51

INDIANB Indicators & signals

Indicator MACD (12,26,9)

520.25, 518.79, 1.58
Indicator MACD is in positive zone

Indicator ADX (14)

4.05, 20.34, 18.76
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of INDIANB Indian Bank are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 526.55 521.20 to 532.95 -0.09% 1.35 times
25 Thu Apr 2024 527.05 511.15 to 530.50 3.35% 2.23 times
24 Wed Apr 2024 509.95 506.30 to 521.65 -1.17% 0.66 times
23 Tue Apr 2024 516.00 509.10 to 531.45 -0.93% 0.89 times
22 Mon Apr 2024 520.85 516.35 to 525.00 1.7% 0.71 times
19 Fri Apr 2024 512.15 500.40 to 515.85 0.18% 0.86 times
18 Thu Apr 2024 511.25 509.10 to 528.30 -1.7% 1.59 times
16 Tue Apr 2024 520.10 509.90 to 522.00 1.08% 0.58 times
15 Mon Apr 2024 514.55 507.25 to 524.45 -2.28% 1.13 times
12 Fri Apr 2024 526.55 524.00 to 533.10 -0.39% 0.58 times
10 Wed Apr 2024 528.60 521.40 to 531.90 0.28% 0.78 times
09 Tue Apr 2024 527.15 520.20 to 539.65 -1.91% 1.08 times

Technical analysis forecast of Indian Bank Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Indian Bank INDIANB at this time. Stock is rising and might rise more.

It appears as if Indian Bank INDIANB gave a large move recently.

Stock of Indian Bank (INDIANB) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Indian Bank is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 528.9 as stoploss in an intra day sell trade for a target of 519.56. However, stock will show a bullish move above 528.9.

More indepth analysis on MunafaSutra.com