Stock Trend Analysis Report
Prepared for you on Tuesday, August 4, 2020.
HDFC Bank Ltd (NYSE:HDB)
Crossroads (-60) - HDB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for HDB
The long-term trend has been UP since Jul 1st, 2020 at 47.65
The intermediate-term trend has been DOWN since Aug 3rd, 2020 at 45.62
The short-term trend has been DOWN since Jul 24th, 2020 at 49.89
Smart Scan Analysis for HDB
Based on our trend formula, HDB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||112.099||Year High Date||2018-07-12|
|Year Low||85.43||Year Low Date||2018-10-11|
|52wk High||65.89||52wk High Date||2019-07-02|
|52wk Low||29.5||52wk Low Date||2020-03-23|
|Year End Close||40.72||Average Volume||3,943,163|
|Shares Outstanding||1,407,000||Short Interest||2,530,567|
|% Institutional||16.3||Market Cap||95,699M|