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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.

Open High Low HDB Price Change
63.05 64.25 63.05 63.74 +0.59
Entry Signal

MarketClub’s Trade Triangles for HDB

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 64.450

intermediate term down The intermediate-term trend has been DOWN since Feb 1st, 2023 at 64.770

short term up 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).

Smart Scan Analysis for HDB
Strong Downtrend Sideways 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 High112.099Year High Date2018-07-12
Year Low85.43Year Low Date2018-10-11
52wk High71.7652wk High Date2023-01-24
52wk Low50.6152wk Low Date2022-05-09
Year End Close40.72Average Volume1,455,538
Shares Outstanding1,407,000Short Interest2,530,567
% Institutional16.3Market Cap95,699M
P/E Ratio67.7575Beta1.14
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