Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SOUTHBANK) South Indian complete technical analysis [charts+indicators] | Buy/Sell South Indian | (SOUTHBANK) share price targets

Complete technical analysis of South Indian (SOUTHBANK) by charts plus indicators, forecast predictions and share price targets for South Indian (SOUTHBANK)

South Indian trades in NSE in Banks sector.

Showing technical analysis as on 2024-04-18 View latest technical analysis

10 day averaged volume of South Indian is 42679573

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	27.60	27.70	28.15	27.50	0.683 times
16 Tue Apr 2024	27.55	27.35	27.95	27.20	0.429 times
15 Mon Apr 2024	27.75	27.50	27.95	26.90	0.739 times
12 Fri Apr 2024	28.35	28.80	29.00	28.25	0.704 times
10 Wed Apr 2024	28.80	29.15	29.15	28.65	0.489 times
09 Tue Apr 2024	28.90	29.20	29.55	28.70	1.076 times
08 Mon Apr 2024	28.55	29.70	29.70	28.45	0.876 times
05 Fri Apr 2024	29.45	29.50	29.95	29.25	0.902 times
04 Thu Apr 2024	29.50	29.35	29.70	28.95	1.354 times
03 Wed Apr 2024	29.10	28.20	29.30	28.00	1.504 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.8, but if it comes above 27.8, then a intra day buy could be more profitable.
If you take a sell trade below 27.8, then use 27.8 as stoploss and 27 as target. However if you take a buy trade in stock , then use 27.8 as stoploss and 28.43 as target.

Share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Target	24.60
Downside Target	25.25
Downside Target	26.10
Downside Target	26.90
Upside Target	28.15
Upside Target	29.70
Upside Target	29.95
Upside Target	30.60
Upside Target	30.65
Upside Target	32.90
Upside Target	35.90
Upside Target	40.15

Intraday share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Intraday Target	26.95
Downside Intraday Target	26.3
Upside Intraday Target	28.2
Upside Intraday Target	28.8
Downside Intraday Target	27.55

Weekly technical analysis of South Indian (SOUTHBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	27.60	27.50	28.15	26.90	0.589 times
12 Fri Apr 2024	28.35	29.70	29.70	28.25	0.465 times
05 Fri Apr 2024	29.45	27.80	29.95	27.25	3.382 times
28 Thu Mar 2024	27.25	28.75	29.00	26.90	0.653 times
22 Fri Mar 2024	28.95	30.45	30.65	27.55	0.513 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 South Indian (SOUTHBANK)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	27.60	27.80	29.95	26.90	0.814 times
28 Thu Mar 2024	27.25	32.85	32.90	25.25	0.575 times
29 Thu Feb 2024	32.35	34.90	40.15	30.60	0.68 times
31 Wed Jan 2024	34.70	26.70	35.90	26.10	2.058 times

Scroll below to view daily charts

Price has moved up 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 South Indian (SOUTHBANK)

Price action analysis of South Indian ( (SOUTHBANK) ) 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 South Indian ( (SOUTHBANK) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of South Indian ( (SOUTHBANK) ) 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 South Indian stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for South Indian in short term and the sell signal is strong.

South Indian Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for South Indian in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of South Indian is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.73 and South Indian (SOUTHBANK) 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 South Indian (SOUTHBANK) stock. Volume based technical analysis of South Indian (SOUTHBANK) stock is negative.

South Indian 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.