Overall Technical outlook

Price Summary

On 2026-03-02, State Bank of India's stock opened at 1185.0, spiked to 1197.3, declined to 1179.4, and closed 0.41% higher at 1189.9, with 16268877 shares traded.
The peak price for the stock in the past 52 weeks is 1227.8, with the lowest price being 695.3.
39 analysts estimate that the future price of SBIN will fall between 1020.0 and 1220.0, with an average price expectation of approximately 1112.3077.

Technicals

Support and Resistance: The current price is 1189.9, with support at 1018.9 and resistance at 1223.3. This range suggests that the price might move between these levels, with 1018.9 offering support and 1223.3 capping further gains for State Bank of India.
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Support/Resistance for SBIN


Aroon: The current reading of the AROON is neutral for SBIN, 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.
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Aroon chart for State Bank of India


Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Bolinger Bands chart for State Bank of India


Parabolic SAR: The PSAR has shifted from bullish to bearish in its latest move, potentially signaling a downward trend for SBIN. This reversal could be a strong bearish indicator if it aligns with other trends. Investors should consider this development carefully and look for additional confirmation before acting.
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Parabolic Stop and Reverse chart for State Bank of India


Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for State Bank of India. This suggests a period of market balance, where neither side is showing dominance.
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Stochastic chart for State Bank of India


Tripple Moving Agerage: The 20, 50, and 100 moving averages for SBIN are aligned in a bearish pattern, suggesting a downtrend. However, the wavering slopes of the 20 and 50 SMAs indicate that the bearish momentum may be losing strength. This could be a sign that a bullish reversal is on the horizon, as the market's current downward trajectory begins to falter, potentially paving the way for a new uptrend.
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Tripple SMA chart for State Bank of India


Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.