HDFC BANK LTD-ADR (HDB)

US40415F1012 - ADR

66.76  -0.74 (-1.1%)

After market: 66.76 0 (0%)

Technical Rating and Analysis

8

Taking everything into account, HDB scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HDB is only an average performer.

HDB is one of the lesser performing stocks in the Banks industry. 78% of 405 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
HDB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month HDB has a been trading in the 60.88 - 67.76 range, which is quite wide. It is currently trading near the high of this range.
HDB has an average volume of 2718050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, HDB outperforms 56% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
HDB Weekly chart
HDB Daily chart
Setup Rating and Analysis

3

Although HDB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

57.46

68.18

We found 4 important support areas.

  • A support zone ranging from 63.15 to 64.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @61.95 from a trend line in the daily time frame.
  • A support zone ranging from 59.40 to 59.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 58.04 to 58.04. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 66.77 to 67.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.46
Mansfield-0.26
10 Day High67.76
10 Day Low61.48
20 Day High67.76
20 Day Low60.88
52 Week High67.76
52 Week Low52.16
Performance
1 Week5%
2 Weeks7.83%
1 Month5.92%
3 Month9.25%
6 Month15.32%
12 Month9.97%
2 Year-5.4%
3 Year1.97%
5 Year8.11%
10 Year150.55%
15 Year-0.77%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.46
RSI(14)63.74
LBB59.93
UBB68.15
HDB Daily chart

HDFC BANK LTD-ADR

NYSE:HDB (11/29/2024, 5:04:00 PM)

After market: 66.76 0 (0%)

66.76

-0.74 (-1.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.1%
1 Week5%
2 Weeks7.83%
1 Month5.92%
3 Month9.25%
6 Month15.32%
12 Month9.97%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.11
ATR(20)%1.64%
ATR Inc
Range Today0.47
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High67.76
10 Day Low61.48
20 Day High67.76
20 Day Low60.88
52 Week High67.76
52 Week Low52.16
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.69M
Volume Incr141.71%
Vol(5)4.65M
Vol(50)2.72M