Icici Bank Limited Stock Technical Analysis
| IBN Stock | USD 31.19 0.43 1.40% |
As of the 26th of November, ICICI Bank retains the downside deviation of 1.35, and Semi Deviation of 1.13. ICICI Bank technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.
ICICI Bank Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ICICI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ICICIICICI |
ICICI Bank Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 30.1 | Strong Buy | 4 | Odds |
Most ICICI analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ICICI stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ICICI Bank Limited, talking to its executives and customers, or listening to ICICI conference calls.
ICICI Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
ICICI Bank Limited Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ICICI Bank Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ICICI Bank Limited Trend Analysis
Use this graph to draw trend lines for ICICI Bank Limited. You can use it to identify possible trend reversals for ICICI Bank as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ICICI Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ICICI Bank Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ICICI Bank Limited applied against its price change over selected period. The best fit line has a slop of 0.01 , which may imply that ICICI Bank Limited will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 3.61, which is the sum of squared deviations for the predicted ICICI Bank price change compared to its average price change.About ICICI Bank Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ICICI Bank Limited on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ICICI Bank Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ICICI Bank Limited price pattern first instead of the macroeconomic environment surrounding ICICI Bank Limited. By analyzing ICICI Bank's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ICICI Bank's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ICICI Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.005694 | 0.007269 | 0.00928 | Price To Sales Ratio | 4.51 | 5.39 | 10.14 |
ICICI Bank November 26, 2024 Technical Indicators
Most technical analysis of ICICI help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ICICI from various momentum indicators to cycle indicators. When you analyze ICICI charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0797 | |||
| Market Risk Adjusted Performance | 0.228 | |||
| Mean Deviation | 1.02 | |||
| Semi Deviation | 1.13 | |||
| Downside Deviation | 1.35 | |||
| Coefficient Of Variation | 1019.28 | |||
| Standard Deviation | 1.44 | |||
| Variance | 2.08 | |||
| Information Ratio | 0.009 | |||
| Jensen Alpha | 0.06 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0096 | |||
| Treynor Ratio | 0.218 | |||
| Maximum Drawdown | 8.58 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 2.49 | |||
| Downside Variance | 1.84 | |||
| Semi Variance | 1.28 | |||
| Expected Short fall | (1.16) | |||
| Skewness | 0.6367 | |||
| Kurtosis | 2.57 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICICI Bank Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICICI Bank. If investors know ICICI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICICI Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.182 | Earnings Share 1.57 | Revenue Per Share 466.492 | Quarterly Revenue Growth 0.274 | Return On Assets 0.0216 |
The market value of ICICI Bank Limited is measured differently than its book value, which is the value of ICICI that is recorded on the company's balance sheet. Investors also form their own opinion of ICICI Bank's value that differs from its market value or its book value, called intrinsic value, which is ICICI Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICICI Bank's market value can be influenced by many factors that don't directly affect ICICI Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ICICI Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICICI Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICICI Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.