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Stock Trend Analysis Report
Prepared for you on Friday, October 11, 2024.
ICICI Bank Limited (NYSE:IBN)
Sidelines Mode (-55) - IBN 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 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.
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MarketClub’s Trade Triangles for IBN
The long-term trend has been UP since Jun 25th, 2024 at 28.370
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 29.200
The short-term trend has been UP since Oct 10th, 2024 at 29.425
Smart Scan Analysis for IBN
Based on our trend formula, IBN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.43 | 29.45 | 29.15 | 29.20 | -0.15 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.20 | 4394277 | 2024-10-10 15:59:27 |
| Year High | 11.26 | Year High Date | 2018-01-23 |
| Year Low | 7.61 | Year Low Date | 2018-07-16 |
| 52wk High | 31.6 | 52wk High Date | 2024-09-20 |
| 52wk Low | 21.89 | 52wk Low Date | 2023-10-26 |
| Year End Close | 43.61 | Average Volume | 6,877,204 |
| Shares Outstanding | 605,000 | Short Interest | 3,677,834 |
| % Institutional | 28.2 | Market Cap | 35,861M |
| Assets | 240,739,482M | Liabilities | 213,468,486M |
| P/E Ratio | 38.6184 | Beta | 1.52 |
| Volatility | 32.52 |