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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 2024-10-08 View latest technical analysis

10 day averaged volume of State Bank is 17842298

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	781.45	772.25	784.40	772.25	0.48 times
07 Mon Oct 2024	770.65	800.00	804.00	765.40	1.36 times
04 Fri Oct 2024	796.65	792.00	809.85	785.25	1.126 times
03 Thu Oct 2024	794.10	789.90	804.00	784.30	0.894 times
01 Tue Oct 2024	796.95	788.00	800.35	788.00	0.744 times
30 Mon Sep 2024	787.90	801.90	802.60	786.45	0.868 times
27 Fri Sep 2024	802.65	801.85	808.00	798.45	0.852 times
26 Thu Sep 2024	801.85	796.00	803.00	791.60	1.3 times
25 Wed Sep 2024	793.10	797.90	798.00	788.70	1.035 times
24 Tue Sep 2024	798.25	799.25	804.25	796.50	0.851 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 780.1 as stoploss in an intra day buy trade for a target of 789.41. However, stock will show a bearish move below 780.1.

Share price targets for State Bank (SBIN)

Target Type	Value
Downside Target	731.95
Downside Target	765.40
Upside Target	804.00
Upside Target	808.00
Upside Target	809.85
Upside Target	823.15
Upside Target	825.95
Upside Target	881.40
Upside Target	899.00
Upside Target	912.00

Intraday share price targets for State Bank (SBIN)

Target Type	Value
Downside Intraday Target	763.23
Downside Intraday Target	745.02
Upside Intraday Target	801.83
Upside Intraday Target	822.22
Upside Intraday Target	783.62

Weekly technical analysis of State Bank (SBIN)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	781.45	800.00	804.00	765.40	0.507 times
04 Fri Oct 2024	796.65	801.90	809.85	784.30	0.725 times
27 Fri Sep 2024	802.65	786.00	808.00	784.50	1.266 times
20 Fri Sep 2024	781.70	790.85	801.35	779.50	0.833 times
13 Fri Sep 2024	790.85	785.00	795.00	765.40	1.036 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
08 Tue Oct 2024	781.45	788.00	809.85	765.40	0.24 times
30 Mon Sep 2024	787.90	817.30	825.95	765.40	1.212 times
30 Fri Aug 2024	815.60	877.80	881.40	795.05	0.8 times
31 Wed Jul 2024	872.40	849.35	899.00	823.15	0.615 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of State Bank ( (SBIN) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 Strong and stock is losing momentum.

MACD generated a SELL signal for State Bank in short term and the sell signal is strong.

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. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for State Bank in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 792.15 and State Bank (SBIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.