Overall Technical outlook

Price Summary

With a -2.1% decrease, State Bank of India enjoyed a mediocre day in the stock market.
On 2026-02-03, State Bank of India's stock opened at 1087.0, reached 1089.8, hit a low of 1040.3, and rose -2.1% to close at 1064.2, with 16127530 shares traded.
The stock's highest value over the last 52 weeks is 1077.15, and the lowest value is 688.8.
Analysts predict that the future price will fluctuate between 1020.0 and 1220.0, with the mean expected price being approximately 1112.3077.

Technicals


Aroon: Aroon's bullish trend persists, with Aroon Up holding steady at the 100 level. This shows strong momentum, but further exploration using additional indicators is necessary to confirm the trend's durability and potential future direction.
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Aroon chart for State Bank of India


Bol. Bands: The recent decline below the upper Bollinger Band could signal a potential downward trend. This movement might indicate that the asset is losing bullish momentum and is overbought, suggesting that a correction is due. Traders often interpret this as an early warning of a reversal, making it a crucial point for reevaluating trading strategies and positions.
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Bolinger Bands chart for State Bank of India


Parabolic SAR: The PSAR for SBIN has switched from a bearish to a bullish stance, indicating a potential trend change. If this move is confirmed by other indicators, it could signal a strong bullish trend. Traders should be vigilant in watching for further confirmation from other market signals.
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Parabolic Stop and Reverse chart for State Bank of India


Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Stochastic chart for State Bank of India


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages indicates a bearish trend for SBIN, but the wavering slopes of the 20 and 50 SMAs suggest that this momentum may be fading. This weakening could be a precursor to a bullish reversal, as the market's current downtrend shows signs of losing steam. Investors may soon see a shift towards more positive price action as the trend begins to change.
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Tripple SMA chart for State Bank of India


When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.