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Technicals for ICICI Bank Limited
By MusingTheNews
2025-09-05 20:32
Overall Technical outlook
Price Summary
On 2025-09-05, ICICI Bank Limited's stock began at 1411.0, peaked at 1411.5, declined to 1387.7, and ended the day -0.58% down at 1402.8, with 6620799 shares traded. Over the previous 52 weeks, the stock reached a high of 1488.6 and a low of 1196.15. Based on recommendations from 42 analysts, the future price of ICICIBANK is expected to range from 1440.0 to 1860.0, with an average price expectation around 1666.7142.
Technicals
Support and Resistance: At 1402.8, the price is supported at 1358.15 and faces resistance at 1404.8. This range suggests that the price for ICICIBANK might stay between these levels, with 1358.15 acting as a floor and 1404.8 as a ceiling. Support/Resistance for ICICIBANK
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for ICICI Bank Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for ICICIBANK, 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. Bolinger Bands chart for ICICI Bank Limited
Parabolic SAR: The PSAR for ICICIBANK continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement. Parabolic Stop and Reverse chart for ICICI Bank Limited
Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Stochastic chart for ICICI Bank Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for ICICIBANK. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for ICICI Bank Limited
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.
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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