Technical Analysis for HDB - HDFC Bank Limited

Grade Last Price % Change Price Change
grade D 46.44 0.28% 0.13
HDB closed up 1.2 percent on Tuesday, August 4, 2020, on 72 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Down
Historical HDB trend table...

Date Alert Name Type % Chg
Oversold Stochastic Weakness 0.28%
50 DMA Support Bullish 1.49%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 1.49%
Narrow Range Bar Range Contraction 1.49%
Doji - Bullish? Reversal 1.49%
Stochastic Reached Oversold Weakness 1.49%
Down 3 Days in a Row Weakness 1.49%
Gapped Down Weakness 1.49%
Oversold Stochastic Weakness 1.49%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -0.66%

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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 Financial Products Retail Banking Cash Management Mobile Banking Loan Products Investment Banking Services Cnx Nifty 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

Indicators

Indicator Value
52 Week High 65.38
52 Week Low 29.5
Average Volume 2,406,978
200-Day Moving Average 51.21
50-Day Moving Average 45.87
20-Day Moving Average 48.28
10-Day Moving Average 48.26
Average True Range 1.41
ADX 15.32
+DI 29.38
-DI 31.45
Chandelier Exit (Long, 3 ATRs ) 47.91
Chandelier Exit (Short, 3 ATRs ) 49.64
Upper Bollinger Band 51.78
Lower Bollinger Band 44.78
Percent B (%b) 0.22
BandWidth 14.50
MACD Line 0.33
MACD Signal Line 0.91
MACD Histogram -0.5821
Fundamentals Value
Market Cap 237.34 Billion
Num Shares 5.13 Billion
EPS 0.46
Price-to-Earnings (P/E) Ratio 100.67
Price-to-Sales 66.99
Price-to-Book 32.20
PEG Ratio 0.93
Dividend 0.51
Dividend Yield 1.10%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 48.32
Resistance 3 (R3) 48.41 47.83 47.99
Resistance 2 (R2) 47.83 47.32 47.79 47.87
Resistance 1 (R1) 47.07 47.00 46.78 46.98 47.76
Pivot Point 46.49 46.49 46.35 46.45 46.49
Support 1 (S1) 45.73 45.98 45.44 45.64 44.86
Support 2 (S2) 45.15 45.66 45.11 44.75
Support 3 (S3) 44.39 45.15 44.64
Support 4 (S4) 44.30