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

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

10 day averaged volume of South Indian is 17829021

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 28.10 28.40 28.50 27.85 0.784 times
21 Tue May 2024 28.25 28.05 28.55 27.75 1.217 times
20 Mon May 2024 27.95 27.90 28.10 27.90 0.165 times
17 Fri May 2024 27.90 27.80 27.95 27.50 0.761 times
16 Thu May 2024 27.65 27.85 28.00 27.50 0.87 times

My analysis of stock is bearish for shortterm, and stock might move down till 27.3 or till 25.8. Use a stoploss of 28.5 and if the stock hits stoploss, then it can shoot up till 29.72

Share price targets for South Indian (SOUTHBANK)

Target Type Value
Downside Target 25.25
Downside Target 26.10
Downside Target 27.75
Upside Target 29.20
Upside Target 30.60
Upside Target 30.80
Upside Target 31.15
Upside Target 31.80
Upside Target 32.90
Upside Target 35.90
Upside Target 40.15

Intraday share price targets for South Indian (SOUTHBANK)

Target Type Value
Downside Intraday Target 27.72
Downside Intraday Target 27.33
Upside Intraday Target 28.52
Upside Intraday Target 28.93
Upside Intraday Target 28.13

Weekly technical analysis of South Indian (SOUTHBANK)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 28.10 27.90 28.55 27.75 0.43 times
17 Fri May 2024 27.90 27.45 28.20 26.40 0.605 times
10 Fri May 2024 27.25 29.20 29.20 26.55 0.606 times
03 Fri May 2024 28.80 31.05 31.80 28.35 1.048 times
26 Fri Apr 2024 30.45 28.45 30.80 27.95 2.209 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 South Indian (SOUTHBANK)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 28.10 30.95 31.15 26.40 0.48 times
30 Tue Apr 2024 30.75 27.80 31.80 26.90 1.406 times
28 Thu Mar 2024 27.25 32.85 32.90 25.25 0.575 times
29 Thu Feb 2024 32.35 34.90 40.15 30.60 0.68 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 South Indian (SOUTHBANK)

Indicator Name Indicator Value Indicator Signal
ADX 20, 20, 0 Sell
MACD -1, -1Buy
Stochastics 81Buy
CCI 100Sell
RSI 54Buy
OBV -49336167Sell
VWAP 28Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of South Indian ( (SOUTHBANK) ) 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 South Indian ( (SOUTHBANK) ) 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 South Indian ( (SOUTHBANK) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of South Indian ( (SOUTHBANK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for South Indian stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for South Indian in short term but the buy signal is initial and weak.

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

South Indian 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 coming down

CCI has generated a SELL signal for South Indian in short term but SELL signal is weak.

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

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.59 and South Indian (SOUTHBANK) 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 South Indian (SOUTHBANK) stock. Volume based technical analysis of South Indian (SOUTHBANK) stock is negative.

South Indian Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

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

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