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(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 2024-11-19 View latest technical analysis

10 day averaged volume of South Indian is 10204671

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	22.93	22.80	23.27	22.77	0.891 times
18 Mon Nov 2024	22.80	22.69	22.94	22.27	0.937 times
14 Thu Nov 2024	22.44	22.75	22.99	22.40	1.335 times
13 Wed Nov 2024	22.63	23.07	23.42	22.50	1.277 times
12 Tue Nov 2024	23.31	23.85	23.99	23.20	0.624 times
11 Mon Nov 2024	23.79	23.99	24.12	23.57	0.784 times
08 Fri Nov 2024	23.99	24.39	24.40	23.91	0.773 times
07 Thu Nov 2024	24.39	24.40	24.66	24.26	1.008 times
06 Wed Nov 2024	24.33	24.23	24.40	24.04	0.804 times
05 Tue Nov 2024	24.08	24.20	24.35	23.96	1.324 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23, but if it comes above 23, then a intra day buy could be more profitable.
If you take a sell trade below 23, then use 23 as stoploss and 22.1 as target. However if you take a buy trade in stock , then use 23 as stoploss and 23.74 as target.

Share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Target	22.27
Upside Target	23.27
Upside Target	23.91
Upside Target	24.95
Upside Target	25.10
Upside Target	25.70
Upside Target	25.90
Upside Target	26.29
Upside Target	27.04
Upside Target	28.19

Intraday share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Intraday Target	22.38
Downside Intraday Target	21.82
Upside Intraday Target	23.38
Upside Intraday Target	23.82
Downside Intraday Target	22.82

Weekly technical analysis of South Indian (SOUTHBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	22.93	22.69	23.27	22.27	0.455 times
14 Thu Nov 2024	22.44	23.99	24.12	22.40	0.797 times
08 Fri Nov 2024	23.99	24.68	24.77	23.91	0.896 times
01 Fri Nov 2024	24.83	22.54	25.10	22.46	0.679 times
25 Fri Oct 2024	22.51	25.00	25.10	22.41	0.672 times

Price has moved up 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
19 Tue Nov 2024	22.93	24.89	24.95	22.27	0.321 times
31 Thu Oct 2024	24.50	24.60	26.29	22.41	1.737 times
30 Mon Sep 2024	24.58	25.69	25.70	24.42	0.638 times
30 Fri Aug 2024	25.63	26.96	27.04	24.01	0.583 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 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 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.

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 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 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 23.41 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.