Technical Analysis for SBID - State Bank of India

Grade Last Price % Change Price Change
A 96.70 4.09% 3.80
SBID closed up 4.09 percent on Thursday, April 25, 2024, on 70 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
BB Squeeze Ended Range Expansion 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
MACD Bullish Signal Line Cross Bullish 4.09%

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Profile

State Bank of India Description

State Bank of India provides a range of products and services to personal, commercial enterprises, large corporates, public bodies and institutional customers. Its segments include Treasury, which includes the entire investment portfolio and trading in foreign exchange contracts and derivative contracts; Corporate/Wholesale Banking, which comprises the lending activities of Corporate Accounts Group, Mid Corporate Accounts Group and Stressed Assets Management Group; Retail Banking, which comprises branches in National Banking Group, which primarily includes Personal Banking activities, including lending activities to corporate customers having banking relations with branches in the National Banking Group, and Other Banking Business, which includes the operations of all the Non-Banking Subsidiaries/Joint Ventures other than SBI Life Insurance Co. Ltd. and SBI General Insurance Co. Ltd. Its geographical segments include Domestic Operations and Foreign Operations.


Classification

Sector: Financial Services
Industry: Banks - Regional
Keywords: Bank Financial Services Banking Insurance Derivative Treasury Life Insurance Ing Group Joint Venture Foreign Exchange Economic History Of Italy Retail Banking Retail Bank Cnx Nifty The National Wholesale Banking Personal Banking

Is SBID a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 97.7
52 Week Low 65.6
Average Volume 19,037
200-Day Moving Average 77.05
50-Day Moving Average 91.26
20-Day Moving Average 91.42
10-Day Moving Average 91.36
Average True Range 1.60
RSI (14) 69.60
ADX 16.7
+DI 43.72
-DI 20.29
Chandelier Exit (Long, 3 ATRs) 92.20
Chandelier Exit (Short, 3 ATRs) 92.50
Upper Bollinger Bands 94.96
Lower Bollinger Band 87.87
Percent B (%b) 1.25
BandWidth 7.76
MACD Line 0.88
MACD Signal Line 0.50
MACD Histogram 0.3827
Fundamentals Value
Market Cap 863.01 Million
Num Shares 892 Million
EPS 8.61
Price-to-Earnings (P/E) Ratio 11.23
Price-to-Sales 0.00
Price-to-Book 1.59
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 100.45
Resistance 3 (R3) 100.13 98.57 99.83
Resistance 2 (R2) 98.57 97.61 98.73 99.62
Resistance 1 (R1) 97.63 97.02 98.10 97.95 99.41
Pivot Point 96.07 96.07 96.30 96.23 96.07
Support 1 (S1) 95.13 95.11 95.60 95.45 93.99
Support 2 (S2) 93.57 94.52 93.73 93.78
Support 3 (S3) 92.63 93.57 93.58
Support 4 (S4) 92.95