A comprehensive analysis of the OECD's warning regarding the systemic risks posed...
Technicals for Equitas Small Finance Bank Limited
By MusingTheNews
2025-07-16 20:32
Overall Technical outlook
Price Summary
2025-07-16, saw EQUITASBNK's stock open at 63.42, hit a peak of 64.02, fall to a low of 62.9, and close up 0.08% at 63.47, with 3076872 shares changing hands. Over the previous 52 weeks, the stock reached a high of 90.11 and a low of 54.91. 18 analysts forecast that the price of EQUITASBNK will range from 60.0 to 98.0, with an average expected price near 73.16667.
Technicals
Support and Resistance: At 63.47, the price is supported by 62.35 and resisted by 65.4. This indicates that the price for Equitas Small Finance Bank Limited might fluctuate between these levels, with 62.35 acting as a support and 65.4 limiting further upward movement. Support/Resistance for EQUITASBNK
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Equitas Small Finance Bank Limited
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. Bolinger Bands chart for Equitas Small Finance Bank Limited
Parabolic SAR: The PSAR for EQUITASBNK continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Equitas Small Finance Bank Limited
Stochastic: The Stochastic K-line's position below the D-line and under 20 suggests a mildly bearish market condition. This setup indicates potential downside risk, but the bearish signal is not very strong. Traders should watch for further developments before making any decisions. Stochastic chart for Equitas Small Finance Bank Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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. Tripple SMA chart for Equitas Small Finance Bank Limited
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.
An in-depth examination of the factors contributing to the U.S. dollar's multi-year...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.