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 2024-08-16 View latest technical analysis

10 day averaged volume of South Indian is 17550806

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	24.98	24.25	25.12	24.14	0.804 times
14 Wed Aug 2024	24.07	24.65	24.65	24.01	0.788 times
13 Tue Aug 2024	24.53	24.90	24.95	24.50	0.788 times
12 Mon Aug 2024	24.84	24.98	25.00	24.68	0.762 times
09 Fri Aug 2024	24.99	25.12	25.17	24.90	0.821 times
08 Thu Aug 2024	24.93	25.11	25.16	24.84	0.906 times
07 Wed Aug 2024	25.06	25.40	25.43	24.86	1.024 times
06 Tue Aug 2024	25.02	25.65	25.84	25.00	1.068 times
05 Mon Aug 2024	25.12	25.85	25.85	25.00	1.896 times
02 Fri Aug 2024	26.33	26.48	26.48	26.13	1.017 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 24.9 as stoploss in an intra day buy trade for a target of 25.96. However, stock will show a bearish move below 24.9.

Share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Target	24.01
Downside Target	24.84
Upside Target	25.85
Upside Target	26.90
Upside Target	26.97
Upside Target	27.38
Upside Target	27.78
Upside Target	28.19
Upside Target	28.85
Upside Target	31.15
Upside Target	31.80

Intraday share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Intraday Target	24.29
Downside Intraday Target	23.59
Upside Intraday Target	25.4
Upside Intraday Target	25.81
Downside Intraday Target	24.7

Weekly technical analysis of South Indian (SOUTHBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	24.98	24.98	25.12	24.01	0.55 times
09 Fri Aug 2024	24.99	25.85	25.85	24.84	0.872 times
02 Fri Aug 2024	26.33	27.15	27.78	26.13	1.226 times
26 Fri Jul 2024	26.90	27.24	27.38	25.90	0.525 times
19 Fri Jul 2024	27.21	26.45	28.19	26.03	1.843 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
16 Fri Aug 2024	24.98	26.96	26.97	24.01	0.347 times
31 Wed Jul 2024	26.76	27.00	28.19	25.90	1.101 times
28 Fri Jun 2024	26.94	27.90	28.85	24.30	0.895 times
31 Fri May 2024	26.95	30.95	31.15	26.35	0.64 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 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 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 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.

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

South Indian Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 South Indian in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.04 and South Indian (SOUTHBANK) 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 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.