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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

HDFC Bank Limited (NYSE:HDB)

Sidelines Mode (+55) - HDB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
62.940 63.225 62.740 63.195 +0.875
Entry Signal

MarketClub’s Trade Triangles for HDB

long term up The long-term trend has been UP since Jun 3rd, 2024 at 60.83

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2024 at 62.50

short term up The short-term trend has been UP since Nov 18th, 2024 at 62.41

Smart Scan Analysis for HDB

Based on our trend formula, HDB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HDB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.940 63.225 62.740 63.195 +0.875
Prev. Close Volume Bid Ask Time
63.150 1289983 2024-11-19 15:59:36
Year High112.099Year High Date2018-07-12
Year Low85.43Year Low Date2018-10-11
52wk High67.4452wk High Date2023-12-27
52wk Low52.1652wk Low Date2024-02-13
Year End Close40.72Average Volume1,877,740
Shares Outstanding1,407,000Short Interest2,530,567
% Institutional16.3Market Cap95,699M
Assets441,185,730MLiabilities371,712,456M
P/E Ratio57.597Beta1.14
Volatility25.23
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