ICICI BANK LTD-SPON ADR (IBN)

US45104G1040 - ADR

26.41  +0.44 (+1.69%)

After market: 26.37 -0.04 (-0.15%)

Technical Rating and Analysis

10

Taking everything into account, IBN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IBN is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that IBN is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by IBN over the past year are nicely spread over this period.
IBN is one of the better performing stocks in the Banks industry, it outperforms 85% of 415 stocks in the same industry.
IBN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
IBN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
IBN has an average volume of 6168090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month IBN has a been trading in a tight range between 25.75 and 26.66.
Weekly and Daily overview Charts
IBN Weekly chart
IBN Daily chart
Setup Rating and Analysis

4

IBN has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

22.73

26.74

4 important support areas can be observed.

  • A support zone ranging from 25.82 to 26.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 25.22 to 25.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @24.60 from a trend line in the daily time frame.
  • A support zone ranging from 22.96 to 23.54. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 26.48 to 26.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS75.21
Mansfield-0.32
10 Day High26.48
10 Day Low25.79
20 Day High26.66
20 Day Low25.75
52 Week High26.66
52 Week Low21.22
Performance
1 Week1.66%
2 Weeks2.21%
1 Month3.12%
3 Month10.78%
6 Month14.23%
12 Month22.38%
2 Year39.44%
3 Year64.75%
5 Year130.45%
10 Year231.63%
15 Year992.97%
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)-0.05
RSI(14)63.26
LBB25.7
UBB26.31
IBN Daily chart

ICICI BANK LTD-SPON ADR

NYSE:IBN (3/28/2024, 8:16:37 PM)

After market: 26.37 -0.04 (-0.15%)

26.41

+0.44 (+1.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.69%
1 Week1.66%
2 Weeks2.21%
1 Month3.12%
3 Month10.78%
6 Month14.23%
12 Month22.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%1.09%
ATR Inc
Range Today0.34
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 High26.48
10 Day Low25.79
20 Day High26.66
20 Day Low25.75
52 Week High26.66
52 Week Low21.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.00M
Volume Incr-9.15%
Vol(5)4.86M
Vol(50)6.17M