ICICI BANK LTD-SPON ADR (IBN) Stock Technical Analysis
USA - NYSE:IBN - US45104G1040 - ADR
30.945 USD
+0.21 (+0.67%)
Taking everything into account, IBN scores 0 out of 10 in our technical rating. IBN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, IBN is a bad performer in the overall market: 66% of all stocks are doing better.
IBN is part of the Banks industry. There are 392 other stocks in this industry, of which 68% are performing better than IBN.
IBN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
IBN has an average volume of 4274160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IBN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IBN is lagging the market.
IBN has a poor technical rating and the quality of the setup is also 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.
More info and screens
27.27
34.76
When analyzing the support we can see 3 important areas.
- A support zone ranging from 30.16 to 30.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @29.31 from a trend line in the weekly time frame.
- A support zone ranging from 27.55 to 28.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 31.35 to 32.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @33.19 from a horizontal line in the daily time frame.
- A resistance zone ranging from 34.08 to 34.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 IBN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IBN is down. |
| ChartMill Relative Strength | 34.11 | NEUTRAL | IBN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IBN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IBN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IBN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.32 | NEUTRAL | The RSI value for IBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests IBN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.96 | NEUTRAL | The Stochastics value for IBN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for IBN suggests low volalility. |
| Average Directional Index/ADX (14) | 30.6 | POSITIVE | The high ADX value value for IBN suggests a strong trend. |
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)
NYSE:IBN (10/7/2025, 9:39:56 AM)
30.945
+0.21 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.67%
1 Week1.42%
2 Weeks-3.18%
1 Month-3.52%
3 Month-7.63%
6 Month-1.91%
12 Month7.11%
2 Year38.53%
3 Year39.47%
5 Year191.37%
10 Year292.27%
15 Year221.55%
Volatility
ATR(14)0.35
ATR(20)%1.07%
ATR Inc-36.3%
Range Today0.14
ADR(20)0.28
ADR(20)%0.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.11
Mansfield-1.23
10 Day High31.63
10 Day Low30.15
20 Day High32.84
20 Day Low30.15
52 Week High34.57
52 Week Low27.42
CS1 End30.68
CR1 Start31.35
Volume & EV
DER(3)-0.58%
DER(5)-2.14%
Volume125.73K
Volume Incr-6.47%
Vol(5)4.33M
Vol(50)4.27M