ICICI BANK LTD-SPON ADR (IBN) Stock Technical Analysis
NYSE:IBN - New York Stock Exchange, Inc. - US45104G1040 - ADR - Currency: USD
Overall IBN gets a technical rating of 10 out of 10. 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that IBN is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by IBN over the past year are nicely spread over this period.
IBN is part of the Banks industry. There are 395 other stocks in this industry. IBN outperforms 85% of them.
IBN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so IBN is leading the market.
In the last month IBN has a been trading in the 31.57 - 34.33 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
IBN has an average volume of 5913420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
More info and screens
27.30
34.53
We found 4 important support areas.
- A support zone ranging from 32.30 to 32.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.66 from a trend line in the weekly time frame.
- Support @28.11 from a horizontal line in the weekly time frame.
- Support @27.58 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 34.08 to 34.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.41
Mansfield0.96
10 Day High34.33
10 Day Low32.14
20 Day High34.33
20 Day Low31.58
52 Week High34.33
52 Week Low25.13
Performance
1 Week-0.95%
2 Weeks-0.77%
1 Month7.16%
3 Month14.95%
6 Month13.78%
12 Month23.19%
2 Year46.25%
3 Year74.13%
5 Year285.29%
10 Year249.17%
15 Year401.11%
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)-0.16
RSI(14)57.66
LBB32.38
UBB34.55
33.52
-0.06 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.18%
1 Week-0.95%
2 Weeks-0.77%
1 Month7.16%
3 Month14.95%
6 Month13.78%
12 Month23.19%
2 Year46.25%
3 Year74.13%
5 Year285.29%
10 Year249.17%
15 Year401.11%
Volatility
ATR(14)0.58
ATR(20)%1.97%
ATR Inc76.76%
Range Today0.39
ADR(20)0.46
ADR(20)%1.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.41
Mansfield0.96
10 Day High34.33
10 Day Low32.14
20 Day High34.33
20 Day Low31.58
52 Week High34.33
52 Week Low25.13
CS1 End32.62
CR1 Start34.08
Volume & EV
DER(3)1.22%
DER(5)0.15%
Volume5.42M
Volume Incr29.31%
Vol(5)7.84M
Vol(50)5.91M