HDFC BANK LTD-ADR (HDB)

US40415F1012 - ADR

55.65  +1.12 (+2.05%)

After market: 55.65 0 (0%)

Technical Rating and Analysis

1

Overall HDB gets a technical rating of 1 out of 10. HDB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, HDB is a bad performer in the overall market: 83% of all stocks are doing better.
HDB is part of the Banks industry. There are 415 other stocks in this industry, of which 87% are performing better than HDB.
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.
In the last month HDB has a been trading in the 53.20 - 57.14 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
HDB has an average volume of 4026350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
HDB Weekly chart
HDB Daily chart
Setup Rating and Analysis

4

HDB has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.

Support and Resistance Analysis

51.83

70.22

3 important support areas can be observed.

  • A support zone ranging from 55.01 to 55.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 53.74 to 53.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @52.35 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 55.89 to 57.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 64.50 to 66.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @69.52 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.16
Mansfield-2.35
10 Day High57.03
10 Day Low54.07
20 Day High57.14
20 Day Low53.2
52 Week High71.39
52 Week Low52.16
Performance
1 Week-0.16%
2 Weeks-2.35%
1 Month4.7%
3 Month-17.08%
6 Month-5.69%
12 Month-16.53%
2 Year-9.26%
3 Year-28.37%
5 Year-3.98%
10 Year171.27%
15 Year82.67%
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)-0.01
RSI(14)51.75
LBB54.06
UBB57.13
HDB Daily chart

HDFC BANK LTD-ADR

NYSE:HDB (3/27/2024, 8:18:30 PM)

After market: 55.65 0 (0%)

55.65

+1.12 (+2.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.05%
1 Week-0.16%
2 Weeks-2.35%
1 Month4.7%
3 Month-17.08%
6 Month-5.69%
12 Month-16.53%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.98
ATR(20)%1.78%
ATR Inc
Range Today0.94
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High57.03
10 Day Low54.07
20 Day High57.14
20 Day Low53.2
52 Week High71.39
52 Week Low52.16
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.39M
Volume Incr-33.36%
Vol(5)1.89M
Vol(50)4.03M