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Stock Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

HDFC Bank Limited (NYSE:HDB)

Bull Market Weakness (+75) - HDB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HDB as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid HDB?

MarketClub looks at technical strength and momentum to determine if the timing is right for HDB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_HDB
Open High Low HDB Price Change
63.38 63.78 62.87 63.33 +0.60
Entry Signal

MarketClub’s Trade Triangles for HDB

long term down The long-term trend has been DOWN since Aug 18th, 2023 at 62.87

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 58.64

short term up The short-term trend has been UP since Nov 10th, 2023 at 57.17

Smart Scan Analysis for HDB

Based on our trend formula, HDB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for HDB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.38 63.78 62.87 63.33 +0.60
Prev. Close Volume Bid Ask Time
63.36 1543167 2023-12-07 15:59:43
Year High112.099Year High Date2018-07-12
Year Low85.43Year Low Date2018-10-11
52wk High71.7652wk High Date2023-01-24
52wk Low55.9552wk Low Date2023-11-07
Year End Close40.72Average Volume1,998,788
Shares Outstanding1,407,000Short Interest2,530,567
% Institutional16.3Market Cap95,699M
Assets228,357,739MLiabilities202,126,108M
P/E Ratio69.0558Beta1.14
Volatility25.23
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