A comprehensive analysis of the OECD's warning regarding the systemic risks posed...
Technicals for ICICI Bank Limited
By MusingTheNews
2025-07-16 20:38
Overall Technical outlook
Price Summary
ICICI Bank Limited's stock started trading at 1426.0 on 2025-07-16, climbed to 1429.2, fell to 1419.1, and closed 0.03% higher at 1426.4, with 5648622 shares traded. The stock reached its highest price of 1462.2 and lowest price of 1161.65 over the last 52 weeks. Analysts' predictions indicate that ICICIBANK's future price will be between 1290.0 and 1860.0, with a mean price expectation of approximately 1622.4762.
Technicals
Support and Resistance: The price of 1426.4 is supported at 1404.8 and faces resistance at 1449.0. This range suggests key levels for ICICIBANK where the price may stabilize, with 1404.8 acting as a support and 1449.0 as a cap on gains. Support/Resistance for ICICIBANK
Aroon: The AROON 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. Aroon chart for ICICI Bank Limited
Bol. Bands: The BOLL BANDS 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. 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 STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for ICICI Bank Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for ICICI Bank Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences 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.
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.