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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)

10 day averaged volume of South Indian is 10355810

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 22.83 23.00 23.22 22.75 1.183 times
22 Fri Nov 2024 22.43 22.50 22.78 22.39 1.156 times
21 Thu Nov 2024 22.44 22.97 22.97 22.28 1.137 times
19 Tue Nov 2024 22.93 22.80 23.27 22.77 0.878 times
18 Mon Nov 2024 22.80 22.69 22.94 22.27 0.923 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 22.8 as stoploss in an intra day buy trade for a target of 23.69. However, stock will show a bearish move below 22.8.

Share price targets for South Indian (SOUTHBANK)

Target Type Value
Downside Target 22.27
Upside Target 23.22
Upside Target 23.91
Upside Target 24.77
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 22.65
Downside Intraday Target 22.46
Upside Intraday Target 23.12
Upside Intraday Target 23.4
Upside Intraday Target 22.93

Weekly technical analysis of South Indian (SOUTHBANK)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 22.83 23.00 23.22 22.75 0.289 times
22 Fri Nov 2024 22.43 22.69 23.27 22.27 1.034 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 1.972 times
01 Fri Nov 2024 24.83 24.20 25.10 24.10 0.578 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
25 Mon Nov 2024 22.83 24.89 24.95 22.27 0.407 times
31 Thu Oct 2024 24.50 24.60 26.29 22.41 1.805 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 19, 31, 24 Sell
MACD -1, -1Sell
Stochastics 13Sell
CCI -18Buy
RSI 51Buy
OBV -39532956Sell
VWAP 23Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term and the buying is gaining 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 22.86 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.

Click here for South Indian charts

Click here for further forecast and predictions for tomorrow

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