IndbankMerchant INDBANK full analysis,charts,indicators,moving averages,SMA,DMA,EMA,ADX,MACD,RSI

Indbank Merchant INDBANK WideScreen charts, DMA,SMA,EMA technical analysis, forecast prediction, by indicators ADX,MACD,RSI,CCI NSE stock exchange

operates under Other Financial Services sector

Daily price and charts and targets IndbankMerchant

Strong Daily Stock price targets for IndbankMerchant INDBANK are 46.43 and 48.98

Daily Target 1	44.43
Daily Target 2	45.87
Daily Target 3	46.983333333333
Daily Target 4	48.42
Daily Target 5	49.53

Daily price and volume Indbank Merchant

Date	Closing	Open	Range	Volume
Fri 19 April 2024	47.30 (-1.56%)	46.60	45.55 - 48.10	1.0031 times
Thu 18 April 2024	48.05 (1.05%)	48.75	47.80 - 49.95	0.4452 times
Tue 16 April 2024	47.55 (-0.21%)	47.50	47.20 - 49.90	0.6551 times
Mon 15 April 2024	47.65 (-6.2%)	49.30	47.20 - 49.60	1.1522 times
Fri 12 April 2024	50.80 (4.21%)	48.00	47.10 - 51.95	2.6266 times
Wed 10 April 2024	48.75 (1.14%)	48.90	48.20 - 49.80	0.6147 times
Tue 09 April 2024	48.20 (-1.63%)	48.60	47.30 - 50.70	0.7552 times
Mon 08 April 2024	49.00 (-3.07%)	50.05	48.20 - 50.50	0.5291 times
Fri 05 April 2024	50.55 (0%)	50.55	49.85 - 51.40	0.7863 times
Thu 04 April 2024	50.55 (2.85%)	50.00	49.50 - 51.25	1.4324 times
Wed 03 April 2024	49.15 (7.67%)	45.70	44.80 - 50.00	2.0133 times

Daily chart IndbankMerchant

Weekly price and charts IndbankMerchant

Strong weekly Stock price targets for IndbankMerchant INDBANK are 44.23 and 48.63

Weekly Target 1	43.2
Weekly Target 2	45.25
Weekly Target 3	47.6
Weekly Target 4	49.65
Weekly Target 5	52

Weekly price and volumes for Indbank Merchant

Date	Closing	Open	Range	Volume
Fri 19 April 2024	47.30 (-6.89%)	49.30	45.55 - 49.95	0.4112 times
Fri 12 April 2024	50.80 (0.49%)	50.05	47.10 - 51.95	0.5716 times
Fri 05 April 2024	50.55 (17.15%)	43.20	43.20 - 51.40	0.7428 times
Thu 28 March 2024	43.15 (-0.58%)	43.40	42.15 - 44.65	0.2444 times
Fri 22 March 2024	43.40 (-1.25%)	43.45	39.95 - 44.50	0.3251 times
Fri 15 March 2024	43.95 (-10.67%)	49.30	39.25 - 49.75	0.9909 times
Thu 07 March 2024	49.20 (2.39%)	48.75	46.80 - 56.40	4.4544 times
Sat 02 March 2024	48.05 (-2.24%)	49.50	46.15 - 51.80	0.5683 times
Fri 23 February 2024	49.15 (-4.47%)	51.80	48.00 - 53.10	0.4862 times
Fri 16 February 2024	51.45 (-5.25%)	54.85	47.00 - 54.90	1.205 times
Fri 09 February 2024	54.30 (8.93%)	50.25	49.85 - 60.65	5.2418 times

weekly chart IndbankMerchant

Monthly price and charts IndbankMerchant

Strong monthly Stock price targets for IndbankMerchant INDBANK are 45.25 and 54

Monthly Target 1	38.73
Monthly Target 2	43.02
Monthly Target 3	47.483333333333
Monthly Target 4	51.77
Monthly Target 5	56.23

Monthly price and volumes Indbank Merchant

Date	Closing	Open	Range	Volume
Fri 19 April 2024	47.30 (9.62%)	43.20	43.20 - 51.95	0.3236 times
Thu 28 March 2024	43.15 (-9.35%)	48.25	39.25 - 56.40	1.1426 times
Thu 29 February 2024	47.60 (-3.74%)	49.45	46.15 - 60.65	1.6121 times
Wed 31 January 2024	49.45 (30.13%)	38.00	37.30 - 54.65	2.3262 times
Fri 29 December 2023	38.00 (-6.06%)	41.45	36.65 - 42.05	0.1561 times
Wed 20 September 2023	40.45 (26.01%)	32.00	29.15 - 47.05	2.5073 times
Thu 31 August 2023	32.10 (16.09%)	27.60	26.50 - 34.00	0.8037 times
Mon 31 July 2023	27.65 (1.65%)	27.60	26.20 - 29.45	0.4917 times
Fri 30 June 2023	27.20 (6.46%)	25.90	24.50 - 28.30	0.2007 times
Wed 31 May 2023	25.55 (-8.26%)	28.20	25.25 - 28.90	0.4359 times
Fri 28 April 2023	27.85 (31.99%)	21.10	21.10 - 29.95	0.4111 times

monthly chart IndbankMerchant

Indicator Analysis of IndbankMerchant

Tomorrow's movement Prediction of Indbank Merchant INDBANK appears to be in uptrend. But this trend seems to be weakening.

Price is below an important level of 47.72 on charts, and if price remains below this level, then stock might show a fall in short term.

Tomorrow's movement Prediction of Indbank Merchant INDBANK made a major fall in previous days. This happens when sentiment changes towards negative. This fall might deepen in coming days.

Tomorrow's movement Prediction of Indbank Merchant INDBANK appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Tomorrow's movement Prediction of Indbank Merchant INDBANK is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 48.95

Munafa value: 50 as on Fri 19 April 2024

This Munafa value indicates that the stock is moving sideways and there is no definite momentum in the stock.

SMA20 is at 47 and price is deviating by 4 points

Upper Bollinger band is at 53 and lower is at 40, while middle bands are at 43 and 50

Price is coming down

Price is above 20day SMA

Price is in lower range of bands

Price action analysis of IndbankMerchant (INDBANK) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for IndbankMerchant stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for IndbankMerchant in short term and the buy signal is strong.

IndbankMerchant Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for IndbankMerchant in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of IndbankMerchant is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.28 and IndbankMerchant INDBANK 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 IndbankMerchant INDBANK stock. Volume based technical analysis of IndbankMerchant INDBANK stock is negative.

IndbankMerchant 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.

DMA SMA EMA moving averages of Indbank Merchant INDBANK

DMA (daily moving average) of Indbank Merchant INDBANK

DMA period	DMA value
5 day DMA	48.27
12 day DMA	48.6
20 day DMA	46.19
35 day DMA	46.55
50 day DMA	48.16
100 day DMA	43.65
150 day DMA	38.2
200 day DMA	35.09

EMA (exponential moving average) of Indbank Merchant INDBANK

EMA period	EMA current	EMA prev	EMA prev2
5 day EMA	47.94	48.26	48.36
12 day EMA	47.72	47.8	47.76
20 day EMA	47.36	47.37	47.3
35 day EMA	47.78	47.81	47.8
50 day EMA	48.36	48.4	48.41

SMA (simple moving average) of Indbank Merchant INDBANK

SMA period	SMA current	SMA prev	SMA prev2
5 day SMA	48.27	48.56	48.59
12 day SMA	48.6	48.35	47.95
20 day SMA	46.19	45.95	45.75
35 day SMA	46.55	46.66	46.69
50 day SMA	48.16	48.25	48.28
100 day SMA	43.65	43.5	43.33
150 day SMA	38.2	38.06	37.91
200 day SMA	35.09	34.96	34.84

Fundamentals, profit and EPS of Indbank Merchant INDBANK

EPS is 1.59 and PE is: 29.75

Last quarter profit: (February 2024 quarter) 2.56 crores (46.29%)

Debt: 0.00 in crores

Market capitalization: 228.34

EPS is 1.40 and PE is: 33.79

Last quarter profit: (September 2023 quarter) 2.42 crores (27.37%)

Debt: 0.00 in crores

Market capitalization: 158.00