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Technicals for SBI Cards and Payment Services Limited
Price Summary
On 2026-03-02, SBICARD's stock opened at 750.0, reached a peak of 765.35, dropped to 743.1, and ended -0.47% down at 746.5, with a volume of 1139594 shares.Over the past 52 weeks, the stock reached a maximum price of 1017.0 and a minimum price of 735.8.
23 analysts predict that the future price of SBICARD will be in the range of 650.0 to 1080.0, with a mean expected price of about 878.6957.
Technicals
Support and Resistance: The current price of 746.5 for SBICARD is supported at 735.8 and faces resistance at 765.55. These levels indicate that 735.8 could act as a floor, while 765.55 might limit any further price increases.Aroon: AROON is currently indicating a strong bearish trend, with Aroon Down rising and the Aroon Oscillator staying low. This suggests that the downward trend is likely to continue, signaling sustained bearish momentum. The steady low level of the Aroon Oscillator suggests that the market may face further declines.
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for SBICARD. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check.
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for SBICARD, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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