Technical Analysis for HDB - HDFC Bank Limited

Grade Last Price % Change Price Change
grade A 122.71 -0.24% -0.29
HDB closed down 0.24 percent on Wednesday, May 22, 2019, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical HDB trend table...

Date Alert Name Type % Chg
Spinning Top Other 0.00%
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Earnings Movers Other 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Jack-in-the-Box Bullish Bullish Swing Setup -0.24%

Older signals for HDB ...

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Profile
HDFC Bank Limited, together with its subsidiaries, provides a range of financial products and services to individuals and businesses in India, as well as in Bahrain and Hong Kong. The company operates in four segments: Retail Banking, Wholesale Banking, Treasury, and Other Banking Operations. It offers various deposit products, including savings accounts, salary accounts, current accounts, fixed and recurring deposits, demat accounts, safe deposit lockers, and rural accounts, as well as foreign currency deposits, accounts for returning Indians, and offshore accounts and deposits; loan products comprising personal, business, home, car, two wheeler, educational, term, and rural loans, as well as working capital and health care finance, and loans against assets and government sponsored programs; credit, debit, and prepaid cards; and private banking services. The company also provides export, import, remittance, travel, bank guarantee and letter of credit, and other foreign exchange services; life, motor, travel, and home insurance products; and investment banking services in the areas of equities and derivatives, project appraisal, mutual funds, IPO, gold and silver investments, bonds, structured finance, loan syndication and debt capital markets, equity placement, mergers and acquisitions, corporate advisory services, and capital market advisory services. In addition, it offers online and mobile banking, wealth, merchant and cash management, foreign currency demand drafts, foreign currency cheque collection, and lock box services. As of March 31, 2013, the company operated a network of 3,062 branches and 10,743 ATMs in 1,845 cities/towns. HDFC Bank Limited was founded in 1994 and is based in Mumbai, India.
Financial Services Banking Bank Deposit Products Economic History Of Italy Cash Management Financial Products Retail Banking Mobile Banking Loan Products Cnx Nifty Investment Banking Services Private Banking Services Axis Bank Foreign Exchange Services Lock Box Services Corporate Advisory Services
Is HDB a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 124.55
52 Week Low 85.43
Average Volume 621,114
200-Day Moving Average 102.0779
50-Day Moving Average 115.3454
20-Day Moving Average 117.4495
10-Day Moving Average 118.305
Average True Range 2.2697
ADX 24.05
+DI 39.2648
-DI 15.2198
Chandelier Exit (Long, 3 ATRs ) 117.7409
Chandelier Exit (Short, 3 ATRs ) 119.8591
Upper Bollinger Band 123.0815
Lower Bollinger Band 111.8175
Percent B (%b) 0.97
BandWidth 9.590505
MACD Line 1.8739
MACD Signal Line 1.3269
MACD Histogram 0.5471
Fundamentals Value
Market Cap 628.9 Billion
Num Shares 5.13 Billion
EPS 0.46
Price-to-Earnings (P/E) Ratio 266.76
Price-to-Sales 66.99
Price-to-Book 32.20
PEG Ratio 0.93
Dividend 0.51
Dividend Yield 0.42%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 124.05
Resistance 3 (R3) 124.11 123.72 123.82
Resistance 2 (R2) 123.72 123.38 123.69 123.75
Resistance 1 (R1) 123.22 123.17 123.03 123.16 123.67
Pivot Point 122.83 122.83 122.74 122.80 122.83
Support 1 (S1) 122.33 122.49 122.14 122.27 121.75
Support 2 (S2) 121.94 122.28 121.91 121.67
Support 3 (S3) 121.44 121.94 121.60
Support 4 (S4) 121.38