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Technicals for SBI Cards and Payment Services Limited
By MusingTheNews
2026-02-03 20:54
Overall Technical outlook
Price Summary
SBI Cards and Payment Services Limited's stock opened at 760.0 on 2026-02-03, surged to a high of 788.6, hit a low of 746.55, and closed up -0.25% at 758.1, with 1299984 shares traded. Over the course of 52 weeks, the stock peaked at 1017.0 and hit a low of 735.8. The price outlook for SBICARD is between 650.0 and 1080.0, with an average expectation of 878.6957, as estimated by 23 analysts.
Technicals
Aroon: The current state of the AROON is neutral for SBICARD, 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. Aroon chart for SBI Cards and Payment Services Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for SBICARD, 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 SBI Cards and Payment Services Limited
Parabolic SAR: The PSAR for SBICARD 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 SBI Cards and Payment Services Limited
Stochastic: The K-line has crossed above the D-line on the stochastic indicator while remaining below 20, indicating a potential bullish move. This setup is often viewed as a signal that the market might begin to rise from a low point, potentially marking the start of an upward trend. Investors might see this as an early entry opportunity. Stochastic chart for SBI Cards and Payment Services Limited
Tripple Moving Agerage: A bullish trend for SBI Cards and Payment Services Limited is reflected in the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages raise concerns about a potential reversal. The weakening momentum in the shorter-term averages suggests that the current trend may not last, signaling the possibility of a shift in direction. Tripple SMA chart for SBI Cards and Payment Services Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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