HDFC BANK LTD-ADR (HDB) Technical Analysis
NYSE:HDB • US40415F1012
Current stock price
HDB Technical Rating and Analysis
Overall HDB gets a technical rating of 1 out of 10. HDB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 88% of all other stocks performed better in the past year than HDB.
- HDB is one of the lesser performing stocks in the Banks industry. 93% of 376 stocks in the same industry do better.
- HDB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- HDB has an average volume of 9882120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month HDB has a been trading in the 23.91 - 28.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HDB Weekly and Daily overview Charts
HDB Setup Rating and Analysis
HDB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
HDB Support and Resistance Analysis
25.84
We can see 3 important resistance areas.
- A resistance zone ranging from 26.73 to 27.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.17 to 34.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.73 from a horizontal line in the daily time frame.
HDB Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for HDB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HDB is down. |
| ChartMill Relative Strength | 12.37 | NEGATIVE | HDB has a low relative strength, it was outperformed by 87.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HDB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HDB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HDB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.37 | NEUTRAL | The RSI value for HDB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests HDB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.34 | NEUTRAL | The Stochastics value for HDB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for HDB suggests some volalility. |
| Average Directional Index/ADX (14) | 24.84 | NEUTRAL | The ADX value for HDB suggests a possible start of a new trend. |
HDB Chart- and CandleStick Pattern Analysis
HDB Technicals: Chart, Performance Metrics, Trend & Indicators
26.1
-0.35 (-1.32%)
HDFC BANK LTD-ADR / HDB TA FAQ
What is the technical rating for HDB stock?
ChartMill assigns a technical rating of 1 / 10 to HDB.
Can you provide the trend direction for HDFC BANK LTD-ADR?
The current trend direction for HDFC BANK LTD-ADR (HDB) is Bearish.
Can you provide the RSI signal for HDFC BANK LTD-ADR?
HDFC BANK LTD-ADR (HDB) has an RSI value of 43.3668. This indicates that the stock is currently neutral.
What is the MACD signal for HDFC BANK LTD-ADR (HDB) stock?
The MACD indicator for HDFC BANK LTD-ADR (HDB) has a value of 0.237301, indicating a bearish trend.
What is the short term momentum for HDB stock?
The short term momentum for HDFC BANK LTD-ADR (HDB) is negative.