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Stock analysis State Bank of India SBIN

More indepth analysis on MunafaSutra.com

Moving Averages for State Bank of India

  • 5Day Average: 775.07
  • 12Day Average: 767.27
  • 20Day Average: 762.64
  • 50Day Average: 757.1
  • 100Day Average: 694.92
  • 150Day Average: 656
  • 200Day Average: 638.58

SBIN Indicators & signals

Indicator MACD (12,26,9)

770.09, 760.95, 6.24
Indicator MACD is in positive zone

Indicator ADX (14)

42.73, 36.65, 14.71
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SBIN State Bank of India are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 812.70 769.65 to 814.40 5.12% 2.96 times
24 Wed Apr 2024 773.10 770.20 to 778.50 0.01% 0.63 times
23 Tue Apr 2024 773.00 765.55 to 777.70 0.9% 0.99 times
22 Mon Apr 2024 766.10 750.45 to 769.00 2.09% 1.41 times
19 Fri Apr 2024 750.45 732.05 to 752.00 0.76% 0.88 times
18 Thu Apr 2024 744.80 742.00 to 759.95 -0.92% 1.18 times
16 Tue Apr 2024 751.70 744.40 to 754.90 -0.77% 1.07 times
15 Mon Apr 2024 757.50 748.75 to 763.30 -1.15% 0.91 times
12 Fri Apr 2024 766.30 764.80 to 779.50 -1.64% 1.16 times
10 Wed Apr 2024 779.05 763.65 to 780.70 1.94% 1.17 times
09 Tue Apr 2024 764.20 761.10 to 772.45 -0.53% 0.6 times
08 Mon Apr 2024 768.30 761.80 to 770.00 0.46% 0.79 times

Technical analysis forecast of State Bank of India Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in State Bank of India SBIN at this time. Stock is rising and might rise more.

It appears as if State Bank of India SBIN gave a large move recently.

Stock of State Bank of India (SBIN) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

Although my analysis for State Bank of India is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 800.3, for a target of 780.8 or 764.6

More indepth analysis on MunafaSutra.com