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(INDIANB) Indian Bank complete technical analysis [charts+indicators] | Buy/Sell Indian Bank | (INDIANB) share price targets

Complete technical analysis of Indian Bank (INDIANB) by charts plus indicators, forecast predictions and share price targets for Indian Bank (INDIANB)

10 day averaged volume of Indian Bank is 2464297

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 540.30 537.80 547.40 533.50 0.58 times
16 Thu May 2024 539.90 530.65 544.45 525.85 0.758 times
15 Wed May 2024 535.60 518.50 539.95 514.60 1.148 times
14 Tue May 2024 513.25 513.00 520.85 510.10 0.385 times
13 Mon May 2024 512.85 515.05 517.25 500.40 0.511 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 542.8 as stoploss in an intra day sell trade for a target of 528.46. However, stock will show a bullish move above 542.8.

Share price targets for Indian Bank (INDIANB)

Target Type Value
Downside Target 408.60
Downside Target 467.30
Downside Target 483.10
Downside Target 500.40
Downside Target 528.30
Upside Target 547.40
Upside Target 551.30
Upside Target 554.75
Upside Target 562.85
Upside Target 565.75
Upside Target 573.75

Intraday share price targets for Indian Bank (INDIANB)

Target Type Value
Downside Intraday Target 511.33
Downside Intraday Target 482.37
Upside Intraday Target 558.33
Upside Intraday Target 576.37
Downside Intraday Target 529.37

Weekly technical analysis of Indian Bank (INDIANB)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 540.30 515.05 547.40 500.40 0.511 times
10 Fri May 2024 514.30 549.50 551.30 509.10 1.756 times
03 Fri May 2024 544.00 528.95 565.75 528.30 1.316 times
26 Fri Apr 2024 526.55 519.80 532.95 506.30 1.404 times
19 Fri Apr 2024 512.15 518.00 528.30 500.40 1.17 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Indian Bank (INDIANB)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 540.30 553.00 554.75 500.40 0.793 times
30 Tue Apr 2024 548.25 521.00 565.75 500.40 0.695 times
28 Thu Mar 2024 520.70 526.40 562.85 467.30 0.822 times
29 Thu Feb 2024 525.15 498.85 573.75 483.10 0.847 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Indian Bank (INDIANB)

Indicator Name Indicator Value Indicator Signal
ADX 21, 15, 16 Buy
MACD 6, 5Buy
Stochastics 72Buy
CCI 113Buy
RSI 54Buy
OBV -2332580Sell
VWAP 527Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Indian Bank ( (INDIANB) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Indian Bank ( (INDIANB) ) based on a short term time period is

Price action analysis of Indian Bank ( (INDIANB) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Indian Bank ( (INDIANB) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Indian Bank stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Indian Bank in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indian Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indian Bank in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Indian Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 526.56 and Indian Bank (INDIANB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Indian Bank (INDIANB) stock. Volume based technical analysis of Indian Bank (INDIANB) stock is negative.

Indian Bank Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Click here for further forecast and predictions for tomorrow

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