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(SBIN) State Bank complete technical analysis [charts+indicators] | Buy/Sell State Bank | (SBIN) share price targets

Complete technical analysis of State Bank (SBIN) by charts plus indicators, forecast predictions and share price targets for State Bank (SBIN)

State Bank trades in NSE in Banks sector.

Showing technical analysis as on 2024-08-29 View latest technical analysis

10 day averaged volume of State Bank is 10342128

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	814.50	809.55	816.00	806.95	1.764 times
28 Wed Aug 2024	809.40	814.75	817.20	806.50	1.003 times
27 Tue Aug 2024	815.90	817.80	819.45	811.05	1.241 times
26 Mon Aug 2024	815.05	818.00	823.45	813.80	0.824 times
23 Fri Aug 2024	815.35	821.50	822.00	814.50	0.535 times
22 Thu Aug 2024	820.30	819.00	823.90	817.10	0.757 times
21 Wed Aug 2024	815.55	820.30	821.00	811.20	1.412 times
20 Tue Aug 2024	820.30	817.95	823.00	813.35	1.001 times
19 Mon Aug 2024	813.70	815.00	825.40	812.60	0.982 times
16 Fri Aug 2024	812.10	803.00	814.90	803.00	1.105 times

My analysis of stock is bearish for shortterm, and stock might move down till 801.6 or till 783.8. Use a stoploss of 816.31 and if the stock hits stoploss, then it can shoot up till 831.07

Share price targets for State Bank (SBIN)

Target Type	Value
Downside Target	731.95
Downside Target	793.20
Upside Target	825.40
Upside Target	831.35
Upside Target	834.85
Upside Target	841.25
Upside Target	846.15
Upside Target	881.40
Upside Target	889.10
Upside Target	899.00
Upside Target	912.00

Intraday share price targets for State Bank (SBIN)

Target Type	Value
Downside Intraday Target	806.18
Downside Intraday Target	797.87
Upside Intraday Target	823.13
Upside Intraday Target	831.77
Upside Intraday Target	814.82

Weekly technical analysis of State Bank (SBIN)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	814.50	818.00	823.45	806.50	1.031 times
23 Fri Aug 2024	815.35	815.00	825.40	811.20	0.852 times
16 Fri Aug 2024	812.10	820.60	823.00	795.05	0.61 times
09 Fri Aug 2024	824.30	830.00	831.35	795.65	1.226 times
02 Fri Aug 2024	847.85	866.05	889.10	846.15	1.027 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of State Bank (SBIN)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	814.50	877.80	881.40	795.05	0.775 times
31 Wed Jul 2024	872.40	849.35	899.00	823.15	0.615 times
28 Fri Jun 2024	848.95	863.55	912.00	731.95	1.411 times
31 Fri May 2024	830.35	826.90	841.25	793.20	1.306 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of State Bank (SBIN)

Price action analysis of State Bank ( (SBIN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of State Bank ( (SBIN) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of State Bank ( (SBIN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for State Bank stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for State Bank in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

State Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for State Bank in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of State Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 815.04 and State Bank (SBIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the State Bank (SBIN) stock. Volume based technical analysis of State Bank (SBIN) stock is negative.

State Bank Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.