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Stock Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

ICICI Bank Ltd (NYSE:IBN)

Countertrend Down (-85) - IBN 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 IBN?

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

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

NYSE_IBN
Open High Low IBN Price Change
7.7600 8.1600 7.6221 8.0300 +0.8000
Entry Signal

MarketClub’s Trade Triangles for IBN

long term down The long-term trend has been DOWN since Mar 4th, 2020 at 13.5200

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2020 at 14.3500

short term up The short-term trend has been UP since Apr 6th, 2020 at 8.0227

Smart Scan Analysis for IBN

Based on our trend formula, IBN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for IBN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.7600 8.1600 7.6221 8.0300 +0.8000
Prev. Close Volume Bid Ask Time
8.4100 17941336 2020-04-06 15:59:44
Year High11.26Year High Date2018-01-23
Year Low7.61Year Low Date2018-07-16
52wk High15.4252wk High Date2020-02-12
52wk Low6.8652wk Low Date2020-03-23
Year End Close43.61Average Volume14,512,237
Shares Outstanding605,000Short Interest3,677,834
% Institutional28.2Market Cap35,861M
AssetsMLiabilitiesM
Beta1.52Volatility32.52
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