Overall Technical outlook

Price Summary

On 2026-04-09, State Bank of India's shares started at 1060.1, peaked at 1064.35, bottomed out at 1038.3, and ended -1.81% lower at 1040.95, with 24770608 shares traded.
For the 52-week period, the stock's highest price is 1227.8, and the lowest price is 0.0.
Based on recommendations from 39 analysts, the future price of SBIN is expected to range from 1020.0 to 1220.0, with an average price expectation around 1112.3077.

Technicals

Support and Resistance: At 1040.95, the price for SBIN is supported at 1018.9 and resisted at 1223.3. This indicates a trading range where 1018.9 serves as a support level, potentially preventing further decline, while 1223.3 could limit upward movement.
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Support/Resistance for SBIN


Aroon: The AROON is currently in a neutral position for State Bank of India, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Aroon chart for State Bank of India


Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
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Bolinger Bands chart for State Bank of India


Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for SBIN. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment.
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Parabolic Stop and Reverse chart for State Bank of India


Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Stochastic chart for State Bank of India


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for SBIN, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Tripple SMA chart for State Bank of India


When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.