ICICI BANK LTD-SPON ADR (IBN)

US45104G1040 - ADR

28.56  -0.55 (-1.89%)

After market: 28.61 +0.05 (+0.18%)

Technical Rating and Analysis

8

Overall IBN gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt 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 80% of all stocks. On top of that, IBN also shows a nice and consistent pattern of rising prices.
IBN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IBN is performing more or less in line with the market.
IBN has an average volume of 4893190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IBN is an average performer in the Banks industry, it outperforms 41% of 400 stocks in the same industry.
In the last month IBN has a been trading in the 27.50 - 29.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
IBN Weekly chart
IBN Daily chart
Setup Rating and Analysis

1

Although IBN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

24.64

29.92

5 important support areas can be observed.

  • A support zone ranging from 28.28 to 28.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 27.39 to 27.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 25.96 to 26.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @25.33 from a horizontal line in the daily time frame.
  • Support @24.89 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 28.72 to 29.62. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS80.21
Mansfield0.28
10 Day High29.72
10 Day Low28.43
20 Day High29.72
20 Day Low27.5
52 Week High29.72
52 Week Low21.89
Performance
1 Week-1.92%
2 Weeks0.78%
1 Month1.49%
3 Month7.05%
6 Month9.09%
12 Month22%
2 Year36.19%
3 Year51.35%
5 Year134.48%
10 Year219.92%
15 Year307.37%
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)0.07
RSI(14)48.48
LBB27.72
UBB29.81
IBN Daily chart

ICICI BANK LTD-SPON ADR

NYSE:IBN (9/6/2024, 8:20:24 PM)

After market: 28.61 +0.05 (+0.18%)

28.56

-0.55 (-1.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.89%
1 Week-1.92%
2 Weeks0.78%
1 Month1.49%
3 Month7.05%
6 Month9.09%
12 Month22%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.33
ATR(20)%1.09%
ATR Inc
Range Today0.43
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 High29.72
10 Day Low28.43
20 Day High29.72
20 Day Low27.5
52 Week High29.72
52 Week Low21.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.26M
Volume Incr5.81%
Vol(5)5.13M
Vol(50)4.89M