Technical Analysis for HDB - HDFC Bank Limited

Grade Last Price % Change Price Change
grade B 98.51 0.21% 0.21
HDB closed up 0.21 percent on Friday, April 20, 2018, on approximately normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

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

Date Alert Name Type % Chg
Apr 20 200 DMA Support Bullish 0.00%
Apr 20 Crossed Above 50 DMA Bullish 0.00%
Apr 20 Hammer Candlestick Bullish 0.00%
Apr 20 Bollinger Band Squeeze Range Contraction 0.00%
Apr 20 Earnings Movers Other 0.00%
Apr 20 Outside Day Range Expansion 0.00%
Apr 19 50 DMA Resistance Bearish 0.21%
Apr 19 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.21%
Apr 19 Bollinger Band Squeeze Range Contraction 0.21%
Apr 19 Narrow Range Bar Range Contraction 0.21%

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.
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: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 110.77
52 Week Low 78.8585
Average Volume 729,421
200-Day Moving Average 97.3446
50-Day Moving Average 98.3254
20-Day Moving Average 98.1865
10-Day Moving Average 98.159
Average True Range 1.659
ADX 7.68
+DI 20.22
-DI 23.49
Chandelier Exit (Long, 3 ATRs ) 96.153
Chandelier Exit (Short, 3 ATRs ) 100.977
Upper Bollinger Band 100.0922
Lower Bollinger Band 96.2808
Percent B (%b) 0.58
BandWidth 3.881796
MACD Line -0.0404
MACD Signal Line -0.1016
MACD Histogram 0.0612
Fundamentals Value
Market Cap 504.87 Billion
Num Shares 5.13 Billion
EPS 0.46
Price-to-Earnings (P/E) Ratio 214.15
Price-to-Sales 66.99
Price-to-Book 32.20
PEG Ratio 0.93
Dividend 0.51
Dividend Yield 0.52%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 101.90
Resistance 3 (R3) 101.73 100.44 101.34
Resistance 2 (R2) 100.44 99.57 100.52 101.15
Resistance 1 (R1) 99.47 99.04 98.83 99.64 100.96
Pivot Point 98.18 98.18 97.85 98.26 98.18
Support 1 (S1) 97.21 97.31 96.57 97.38 96.06
Support 2 (S2) 95.92 96.78 96.00 95.87
Support 3 (S3) 94.95 95.92 95.69
Support 4 (S4) 95.12