ICICI BANK LTD-SPON ADR (IBN)
US45104G1040 - ADR
We assign a technical rating of 7 out of 10 to IBN. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month IBN has a been trading in the 29.83 - 32.14 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that IBN is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by IBN over the past year are nicely spread over this period.
IBN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IBN is performing more or less in line with the market.
IBN has an average volume of 4855740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
IBN is part of the Banks industry. There are 406 other stocks in this industry, IBN did better than 63% of them.
IBN has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
26.00
32.22
When analyzing the support we can see 5 important areas.
- A support zone ranging from 30.18 to 30.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.48 to 29.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.30 from a horizontal line in the daily time frame.
- Support @27.58 from a horizontal line in the daily time frame.
- Support @26.26 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 30.84 to 31.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.90 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.44
Mansfield0
10 Day High31.59
10 Day Low29.83
20 Day High32.14
20 Day Low29.83
52 Week High32.14
52 Week Low23.16
Performance
1 Week-2.92%
2 Weeks-3.04%
1 Month1.61%
3 Month-3.44%
6 Month9.39%
12 Month27.2%
2 Year38.42%
3 Year53.11%
5 Year100.79%
10 Year188.57%
15 Year341.93%
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)-0.14
RSI(14)45.93
LBB29.98
UBB31.92
ICICI BANK LTD-SPON ADR
NYSE:IBN (12/20/2024, 8:17:43 PM)
After market: 30.3 0 (0%)30.3
+0.23 (+0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.76%
1 Week-2.92%
2 Weeks-3.04%
1 Month1.61%
3 Month-3.44%
6 Month9.39%
12 Month27.2%
2 Year38.42%
3 Year53.11%
5 Year100.79%
10 Year188.57%
15 Year341.93%
Volatility
ATR(14)0.55
ATR(20)%1.73%
ATR Inc-30.17%
Range Today0.51
ADR(20)0.38
ADR(20)%1.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.44
Mansfield0
10 Day High31.59
10 Day Low29.83
20 Day High32.14
20 Day Low29.83
52 Week High32.14
52 Week Low23.16
CS1 End30.3
CR1 Start30.84
Volume & EV
DER(3)-0.78%
DER(5)0.17%
Volume3.83M
Volume Incr-9.98%
Vol(5)4.42M
Vol(50)4.86M