ICICI BANK LTD-SPON ADR (IBN) Stock Technical Analysis
NYSE:IBN - New York Stock Exchange, Inc. - US45104G1040 - ADR - Currency: USD
Overall IBN gets a technical rating of 2 out of 10. IBN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
IBN is part of the Banks industry. There are 404 other stocks in this industry, of which 70% are performing better than IBN.
IBN has an average volume of 3711780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, IBN turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
IBN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IBN is lagging the market.
In the last month IBN has a been trading in a tight range between 27.94 and 29.41.
Although the technical rating is bad, IBN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 28.11, a Stop Loss order could be placed below this zone.
More info and screens
27.27
32.22
When analyzing the support we notice one important area.
- A support zone ranging from 27.55 to 28.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 28.30 to 29.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.38 to 31.38. This zone is formed by a combination of multiple trend lines 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
CRS47.5
Mansfield-0.79
10 Day High29.41
10 Day Low28.16
20 Day High29.41
20 Day Low27.94
52 Week High32.14
52 Week Low25.13
Performance
1 Week-3.4%
2 Weeks-3.1%
1 Month1.96%
3 Month-8.45%
6 Month-1.54%
12 Month9.87%
2 Year36.17%
3 Year44.63%
5 Year103.03%
10 Year165.89%
15 Year304.92%
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
RSI(14)42.1
LBB28.13
UBB29.48
28.16
-0.44 (-1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.54%
1 Week-3.4%
2 Weeks-3.1%
1 Month1.96%
3 Month-8.45%
6 Month-1.54%
12 Month9.87%
2 Year36.17%
3 Year44.63%
5 Year103.03%
10 Year165.89%
15 Year304.92%
Volatility
ATR(14)0.44
ATR(20)%1.51%
ATR Inc5.86%
Range Today0.26
ADR(20)0.28
ADR(20)%1.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.5
Mansfield-0.79
10 Day High29.41
10 Day Low28.16
20 Day High29.41
20 Day Low27.94
52 Week High32.14
52 Week Low25.13
CS1 End28.11
CR1 Start28.3
Volume & EV
DER(3)-2.39%
DER(5)-3.02%
Volume3.17M
Volume Incr9.28%
Vol(5)4.63M
Vol(50)3.71M