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Stock Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
HDFC Bank Limited (NYSE:HDB)
Countertrend Down (-85) - HDB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Mar 10th, 2023 at 64.450
The intermediate-term trend has been DOWN since Feb 1st, 2023 at 64.770
The short-term trend has been UP since Mar 20th, 2023 at 64.155
Smart Scan Analysis for HDB
Based on our trend formula, HDB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 63.05 | 64.25 | 63.05 | 63.74 | +0.59 |
| Prev. Close | Volume | Bid | Ask | Time |
| 63.74 | 1344924 | 2023-03-20 15:59:44 |
| 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 | 50.61 | 52wk Low Date | 2022-05-09 |
| Year End Close | 40.72 | Average Volume | 1,455,538 |
| 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 | 67.7575 | Beta | 1.14 |
| Volatility | 25.23 |