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

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

10 day averaged volume of State Bank is 18183550

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 830.65 821.00 836.30 819.60 0.772 times
20 Mon May 2024 821.00 822.00 823.00 819.20 0.053 times
17 Fri May 2024 817.85 814.50 822.45 811.20 0.687 times
16 Thu May 2024 811.95 825.30 826.15 797.35 1.129 times
15 Wed May 2024 820.30 821.00 825.30 818.05 0.536 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 828.9, but if it comes below 828.9, then a intra day sell could be more profitable.
If you take a sell trade below 828.9, then use 828.9 as stoploss and 813.04 as target. However if you take a buy trade in stock , then use 828.9 as stoploss and 848 as target.

Share price targets for State Bank (SBIN)

Target Type Value
Downside Target 600.65
Downside Target 633.25
Downside Target 651.75
Downside Target 719.80
Downside Target 750.45
Downside Target 777.50
Downside Target 793.20
Downside Target 816.90
Downside Target 826.15
Upside Target 834.85
Upside Target 836.20
Upside Target 836.30
Upside Target 839.65

Intraday share price targets for State Bank (SBIN)

Target Type Value
Downside Intraday Target 821.13
Downside Intraday Target 811.62
Upside Intraday Target 838.23
Upside Intraday Target 845.82
Downside Intraday Target 828.72

Weekly technical analysis of State Bank (SBIN)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 830.65 822.00 836.30 819.20 0.217 times
17 Fri May 2024 817.85 819.85 826.15 797.35 0.461 times
10 Fri May 2024 817.35 835.00 839.65 793.20 1.538 times
03 Fri May 2024 831.45 807.00 836.20 798.70 1.09 times
26 Fri Apr 2024 801.30 754.15 816.90 750.45 1.78 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 State Bank (SBIN)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 830.65 826.90 839.65 793.20 0.889 times
30 Tue Apr 2024 826.25 759.05 834.85 732.05 0.863 times
28 Thu Mar 2024 752.35 752.00 793.40 719.80 0.671 times
29 Thu Feb 2024 748.10 642.75 777.50 633.25 1.444 times

Price has moved up 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 State Bank (SBIN)

Indicator Name Indicator Value Indicator Signal
ADX 25, 22, 7 Buy
MACD 29, 30Sell
Stochastics 64None
CCI 150Buy
RSI 52Buy
OBV 118690519Sell
VWAP 817Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of State Bank ( (SBIN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of State Bank ( (SBIN) ) based on a short 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.

Price action analysis of State Bank ( (SBIN) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of State Bank ( (SBIN) ) based on a mid to longer 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.

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

MACD generated a SELL signal for State Bank in short term but the sell signal is initial and weak.

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

State Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 State Bank in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of State Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 816.96 and State Bank (SBIN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

State Bank Stock is giving positive 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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