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Technicals for Yes Bank Limited
By MusingTheNews
2025-05-30 21:02
Overall Technical outlook
Price Summary
Yes Bank Limited's stock opened at 21.34 on 2025-05-30, surged to 21.65, dropped to 21.02, and ended 0.66% up at 21.48, with 155976048 shares traded. The stock's highest value over the last 52 weeks is 26.64, and the lowest value is 16.11. 11 analysts predict that the future price of YESBANK will be in the range of 15.0 to 18.0, with a mean expected price of about 16.36364.
Technicals
Support and Resistance: At 21.48, the price is supported at 20.98 and faces resistance at 21.84. This range suggests that the price for YESBANK might stay between these levels, with 20.98 acting as a floor and 21.84 as a ceiling. Support/Resistance for YESBANK
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Yes Bank Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for YESBANK, 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. Bolinger Bands chart for Yes Bank Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for YESBANK. Parabolic Stop and Reverse chart for Yes 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 Yes Bank Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening of momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend weakens for Yes Bank Limited. Tripple SMA chart for Yes Bank 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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