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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 2022-05-12 View latest technical analysis

10 day averaged volume of Indian Bank is 92182

Date Daily Closing Price Open High Low Volume
12 Thu May 2022 137.60 142.00 142.75 137.20 3.552 times
11 Wed May 2022 143.80 150.05 151.00 141.00 1.261 times
10 Tue May 2022 148.55 151.80 153.95 147.50 0.881 times
09 Mon May 2022 150.30 153.90 156.35 148.25 0.654 times
06 Fri May 2022 152.95 148.25 154.10 146.40 1.305 times
05 Thu May 2022 150.90 155.00 158.65 149.95 0.819 times
04 Wed May 2022 154.30 159.05 163.30 150.55 1.851 times
02 Mon May 2022 160.95 151.65 161.50 151.65 0.856 times
29 Fri Apr 2022 163.45 159.25 164.65 159.25 1.025 times
28 Thu Apr 2022 161.05 163.20 164.65 160.30 0.397 times

Stock of Indian Bank (IndianBank) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 140.4, for a target of 150 or 157.98

Share price targets for Indian Bank (IndianBank)

Target Type Value
Downside Target 130.15
Downside Target 137.20
Upside Target 146.40
Upside Target 153.55
Upside Target 163.30
Upside Target 164.10
Upside Target 164.65
Upside Target 167.85
Upside Target 174.20
Upside Target 175.40
Upside Target 178.70

Intraday share price targets for Indian Bank (IndianBank)

Target Type Value
Downside Intraday Target 131.08
Downside Intraday Target 124.57
Upside Intraday Target 150.23
Upside Intraday Target 162.87
Upside Intraday Target 143.72

Weekly technical analysis of Indian Bank (IndianBank)

Date Weekly Closing Price Open High Low Volume
12 Thu May 2022 137.60 153.90 156.35 137.20 1.314 times
06 Fri May 2022 152.95 151.65 163.30 146.40 1.026 times
29 Fri Apr 2022 163.45 161.00 164.65 158.70 1.198 times
22 Fri Apr 2022 161.70 165.00 167.85 158.40 0.726 times
13 Wed Apr 2022 167.30 169.60 174.20 164.10 0.364 times

Price has moved down 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
12 Thu May 2022 137.60 151.65 163.30 137.20 0.373 times
29 Fri Apr 2022 163.45 154.90 175.40 153.55 0.936 times
31 Thu Mar 2022 153.80 140.55 157.50 131.45 0.439 times
28 Mon Feb 2022 143.25 159.00 178.70 130.15 1.501 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 10, 31, 52 Sell
MACD -5, -1Sell
Stochastics 8Sell
CCI -168Sell
RSI 40Sell
OBV -671403Sell
VWAP 149Sell
ADL 0Sell
ROC -16Sell
Force Index 0Sell

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

ADX buy sell signal for Indian Bank stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Indian Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Indian Bank in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 148.98 and Indian Bank (IndianBank) stock is trading below this level. This means that stock is falling with high volumes. 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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Daily charts

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