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Technicals for State Bank of India
By MusingTheNews
2025-07-16 20:54
Overall Technical outlook
Price Summary
On 2025-07-15, State Bank of India's stock opened at 811.0, reached 821.0, hit a low of 810.5, and rose 0.67% to close at 816.45, with 9295882 shares traded. The stock's highest price in the past 52 weeks is 893.55, while its lowest price during the same period is 688.8. Based on recommendations from 43 analysts, the future price of SBIN is expected to range from 700.0 to 1102.0, with an average price expectation around 926.42676.
Technicals
Support and Resistance: The price of 816.45 is supported at 787.1 and encounters resistance at 822.4. This suggests key levels where the price might find stability, with 787.1 providing a base and 822.4 acting as an upper boundary for SBIN. Support/Resistance for SBIN
Aroon: The AROON 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. Aroon chart for State Bank of India
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for State Bank of India. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for State Bank of India
Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net. Parabolic Stop and Reverse chart for State Bank of India
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for State Bank of India
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move. Tripple SMA chart for State Bank of India
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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