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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.
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MarketClub’s Trade Triangles for HDB
The long-term trend has been DOWN since Aug 18th, 2023 at 62.87
The intermediate-term trend has been UP since Nov 14th, 2023 at 58.64
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).
| 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 High | 112.099 | Year High Date | 2018-07-12 |
| Year Low | 85.43 | Year Low Date | 2018-10-11 |
| 52wk High | 71.76 | 52wk High Date | 2023-01-24 |
| 52wk Low | 55.95 | 52wk Low Date | 2023-11-07 |
| Year End Close | 40.72 | Average Volume | 1,998,788 |
| Shares Outstanding | 1,407,000 | Short Interest | 2,530,567 |
| % Institutional | 16.3 | Market Cap | 95,699M |
| Assets | 228,357,739M | Liabilities | 202,126,108M |
| P/E Ratio | 69.0558 | Beta | 1.14 |
| Volatility | 25.23 |