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

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

Showing technical analysis as on 2021-12-31 View latest technical analysis

10 day averaged volume of Indian Bank is 225541

Date Daily Closing Price Open High Low Volume
31 Fri Dec 2021 139.50 138.55 141.00 138.35 0.686 times
30 Thu Dec 2021 138.00 137.90 139.80 137.40 0.66 times
29 Wed Dec 2021 139.70 143.00 144.05 138.90 1.145 times
28 Tue Dec 2021 141.00 136.65 145.00 136.65 0.868 times
27 Mon Dec 2021 136.10 137.55 137.55 133.30 0.957 times
24 Fri Dec 2021 137.65 142.85 142.85 137.15 0.684 times
23 Thu Dec 2021 141.50 140.00 142.80 138.70 0.46 times
22 Wed Dec 2021 137.00 142.00 143.45 135.90 0.983 times
21 Tue Dec 2021 138.35 139.05 142.20 136.90 1.349 times
20 Mon Dec 2021 138.20 144.60 144.60 133.50 1.244 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 137.5 as stoploss in an intra day buy trade for a target of 145.16. However, stock will show a bearish move below 137.5.

Share price targets for Indian Bank (IndianBank)

Target Type Value
Downside Target 115.15
Downside Target 121.95
Downside Target 133.30
Downside Target 137.20
Upside Target 141.25
Upside Target 145.00
Upside Target 148.80
Upside Target 163.25
Upside Target 165.55
Upside Target 184.60
Upside Target 194.80

Intraday share price targets for Indian Bank (IndianBank)

Target Type Value
Downside Intraday Target 133.53
Downside Intraday Target 127.57
Upside Intraday Target 145.23
Upside Intraday Target 150.97
Downside Intraday Target 139.27

Weekly technical analysis of Indian Bank (IndianBank)

Date Weekly Closing Price Open High Low Volume
31 Fri Dec 2021 139.50 137.55 145.00 133.30 0.914 times
24 Fri Dec 2021 137.65 144.60 144.60 133.50 0.963 times
17 Fri Dec 2021 142.15 162.70 165.55 141.65 1.209 times
10 Fri Dec 2021 160.65 143.00 163.25 141.25 0.816 times
03 Fri Dec 2021 142.60 144.10 148.80 138.45 0.477 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 Indian Bank (IndianBank)

Date Monthly Closing Price Open High Low Volume
31 Fri Dec 2021 139.50 143.50 165.55 133.30 0.665 times
30 Tue Nov 2021 142.75 170.70 184.60 138.45 0.469 times
29 Fri Oct 2021 171.80 138.50 194.80 137.20 3.634 times
30 Thu Sep 2021 140.25 126.00 144.20 121.95 1.553 times

Scroll below to view daily charts

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 Indian Bank (IndianBank)

Indicator Name Indicator Value Indicator Signal
ADX 21, 27, 12 Sell
MACD -7, -7Sell
Stochastics 36None
CCI 23Buy
RSI 55Buy
OBV -1201579Sell
VWAP 139Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Indian Bank ( (IndianBank) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Indian Bank ( (IndianBank) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Indian Bank ( (IndianBank) ) 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 Indian Bank ( (IndianBank) ) 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 Indian Bank stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Indian Bank in short term and the sell signal is strong.

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

Indian Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indian Bank in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Indian Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 138.54 and Indian Bank (IndianBank) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Indian Bank (IndianBank) stock. Volume based technical analysis of Indian Bank (IndianBank) stock is negative.

Indian Bank Stock has given negative 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.

Click here for Indian Bank charts

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