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Stock Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

ICICI Bank Limited (NYSE:IBN)

Weak Downtrend (-65) - IBN is showing signs of a strengthening downtrend. Monitor IBN as it may be building momentum to the downside.

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.

Open High Low IBN Price Change
20.690 20.730 20.395 20.725 -0.035
Entry Signal

MarketClub’s Trade Triangles for IBN

long term down The long-term trend has been DOWN since Jan 27th, 2023 at 20.320

intermediate term down The intermediate-term trend has been DOWN since Mar 10th, 2023 at 20.135

short term down The short-term trend has been DOWN since Mar 24th, 2023 at 20.605

Smart Scan Analysis for IBN

Based on our trend formula, IBN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for IBN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.690 20.730 20.395 20.725 -0.035
Prev. Close Volume Bid Ask Time
20.740 4194206 2023-03-24 15:59:43
Year High11.26Year High Date2018-01-23
Year Low7.61Year Low Date2018-07-16
52wk High23.7552wk High Date2022-11-30
52wk Low17.0752wk Low Date2022-06-16
Year End Close43.61Average Volume5,633,301
Shares Outstanding605,000Short Interest3,677,834
% Institutional28.2Market Cap35,861M
P/E Ratio38.1618Beta1.52
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