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Technicals for ICICI Bank Limited
By MusingTheNews
2025-12-15 20:39
Overall Technical outlook
Price Summary
ICICI Bank Limited's stock started the year at 1356.1, climbed to a high of 1370.0, fell to 1356.1, and closed 0.67% higher at 1365.2, with 5342397 shares traded on 2025-12-15. During the 52-week span, the stock hit a high of 1488.6 and a low of 1196.15. The future price of ICICIBANK is anticipated to range from 1440.0 to 1910.0, with an expected mean price of 1690.8206, according to the recommendations of 39 analysts.
Technicals
Support and Resistance: The price of 1365.2 is supported at 1348.0 and encounters resistance at 1375.9. This suggests key levels where the price might find stability, with 1348.0 providing a base and 1375.9 acting as an upper boundary for ICICIBANK. Support/Resistance for ICICIBANK
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for ICICI Bank Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for ICICI Bank Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for ICICIBANK. Parabolic Stop and Reverse chart for ICICI Bank Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for ICICI Bank Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for ICICI Bank Limited, 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. Tripple SMA chart for ICICI Bank Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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