0 XP   0   0   0

Bandhan Bank Ltd

Check the daily chart of Bandhan Bank Ltd. The closing price of 2023-01-25 was INR244.90 per share.

Bandhan Bank Ltd Daily Candlestick Chart

1. Trend Indicators

1.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Bandhan Bank Ltd Daily Moving Averages ChartBandhan Bank Ltd Daily Moving Averages Chart
1.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of Bandhan Bank Ltd:

  • The Moving Average Convergence/Divergence (MACD) is 1.176. The Moving Average Convergence/Divergence (MACD) above zero is a bullish sign. +1
  • The MACD is higher than the signal line. This is a bullish indication. +1
Bandhan Bank Ltd Daily Moving Average Convergence/Divergence (MACD) ChartBandhan Bank Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
1.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

The ADX helps you determine the strength of a trend. Let's take a look of the ADX of Bandhan Bank Ltd:

  • The ADX is 17.257. Not trending. -2
  • The ADX is declining, there is no upcoming trend indication. -1
  • The +DI is lower than the -DI. The current trend is down. -2
Bandhan Bank Ltd Daily Directional Movement Index (DMI) ChartBandhan Bank Ltd Daily Directional Movement Index (DMI) Chart
1.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..
  • The Parabolic SAR is lower than the price. The current trend is up. +2
  • Bandhan Bank Ltd Daily Parabolic SAR ChartBandhan Bank Ltd Daily Parabolic SAR Chart

    2. Momentum Indicators

    2.1 Relative Strength Index (RSI)

    Measures the speed and change of price movements.

    • Leading momentum indicator, meaning the signals are instant.
    • Ranges between 0 and 100.
    • Above 70 is considered overbought.
    • Below 30 is considered oversold.
    • Above or below 50 can also be used to determine price trend or support and resistance.
    • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
    • Can be used in many different ways
    • The RSI is above 50. +1
    Bandhan Bank Ltd Daily Relative Strength Index (RSI) ChartBandhan Bank Ltd Daily Relative Strength Index (RSI) Chart
    2.2 Stochastic Oscillator

    Compares a certain price to multiple prices ranging over time.

    • Leading momentum indicator, meaning the signals are instant.
    • Used to determine overbought and oversold areas much like the RSI.
    • Ranges between 0 and 100.
    • Above 80 is considered overbought.
    • Below 20 is considered oversold.
    • Consists of two lines named K and D.
    • K compares the highest high and lowest low on the selected price range.
    • The D line is a moving average of the K line.
    • Can be used to spot divergences
    • The Stochastic is above 50. +1
    Bandhan Bank Ltd Daily Stochastic Oscillator ChartBandhan Bank Ltd Daily Stochastic Oscillator Chart
    2.3 Commodity Channel Index (CCI)
    Bandhan Bank Ltd Daily Commodity Channel Index (CCI) ChartBandhan Bank Ltd Daily Commodity Channel Index (CCI) Chart
    2.4 Chande Momentum Oscillator (CMO)
    Bandhan Bank Ltd Daily Chande Momentum Oscillator (CMO) ChartBandhan Bank Ltd Daily Chande Momentum Oscillator (CMO) Chart
    2.5 Williams %R
    Bandhan Bank Ltd Daily Williams %R ChartBandhan Bank Ltd Daily Williams %R Chart

    3. Volatility Indicators

    3.1 Bollinger Bands
    Bandhan Bank Ltd Daily Bollinger Bands ChartBandhan Bank Ltd Daily Bollinger Bands Chart
    3.2 Average True Range (ATR)
    Bandhan Bank Ltd Daily Average True Range (ATR) ChartBandhan Bank Ltd Daily Average True Range (ATR) Chart

    4. Volume Indicators

    4.1 On-Balance Volume (OBV)
    Bandhan Bank Ltd Daily On-Balance Volume (OBV) ChartBandhan Bank Ltd Daily On-Balance Volume (OBV) Chart
    4.2 Money Flow Index (MFI)
    Bandhan Bank Ltd Daily Money Flow Index (MFI) ChartBandhan Bank Ltd Daily Money Flow Index (MFI) Chart

    5. Summary

    5.1. Notifications

    TypeNotificationDate
    PenkeCurrently no notifications for Bandhan Bank Ltd.

    5.2. Trading Signals

    DateIndicatorEntry signalExit signal
    2023-01-16MACD SHORT ENTRY LONG CLOSE
    2023-01-18STOCH LONG ENTRY SHORT CLOSE20 crossover to upside
    2023-01-19SAR LONG ENTRY SHORT CLOSEprice crossed sar to upside
    WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
    2023-01-20MACD LONG ENTRY SHORT CLOSE
    SAR SHORT ENTRY LONG CLOSEprice crossed sar to downside
    STOCH SHORT ENTRY LONG CLOSE80 crossover to downside
    ATR SHORT ENTRY LONG CLOSE
    2023-01-24WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

    5.2. Technical Score

    Let's check the technical score of Bandhan Bank Ltd based on Penke's default Symbol scanner.

    Penke's Symbol Scanner

      
      
    IndicatorConditionValue
    RsiGreater than5054.714
    Ma 20Greater thanMa 50241.238
    Ma 50Greater thanMa 100237.570
    Ma 100Greater thanMa 200251.227
    OpenGreater thanClose245.100
    Total3/5 (60.0%)

    Comments

    Join the conversation.

    Leave a comment

    Stay informed with my latest content.

    Subscribe to my newsletter and receive an email as soon as I add content to PenkeTrading.com.


    By clicking Register, you agree to the General Terms and Conditions.
    Penke's Market Notifications
    LSK.CC
    1 minute ago

    I found you a STOCH Bearish Reversal Divergence on the daily chart of LSK.CC.

    LSK.CC Daily Candlestick Chart
    LQDR.CC
    1 minute ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of LQDR.CC.

    LQDR.CC Daily Candlestick Chart
    LRC.CC
    1 minute ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of LRC.CC.

    LRC.CC Daily Candlestick Chart
    LIVE.CC
    3 minutes ago

    I found you a STOCH Bullish Reversal Divergence on the daily chart of LIVE.CC.

    LIVE.CC Daily Candlestick Chart
    LITION.CC
    3 minutes ago

    I found you a Oversold RSI (Relative Strength Index) on the daily chart of LITION.CC.

    LITION.CC Daily Candlestick Chart
    LIT.CC
    3 minutes ago

    I found you a Oversold RSI (Relative Strength Index) on the daily chart of LIT.CC.

    LIT.CC Daily Candlestick Chart
    LCC.CC
    5 minutes ago

    I found you a STOCH Bearish Reversal Divergence on the daily chart of LCC.CC.

    LCC.CC Daily Candlestick Chart
    LAYER.CC
    6 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of LAYER.CC.

    LAYER.CC Daily Candlestick Chart
    LANA.CC
    6 minutes ago

    I found you a MACD Bullish Reversal Divergence on the daily chart of LANA.CC.

    LANA.CC Daily Candlestick Chart
    KLV.CC
    9 minutes ago

    I found you a STOCH Bearish Reversal Divergence on the daily chart of KLV.CC.

    KLV.CC Daily Candlestick Chart
    KIT.CC
    9 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of KIT.CC.

    KIT.CC Daily Candlestick Chart
    KLAY.CC
    9 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of KLAY.CC.

    KLAY.CC Daily Candlestick Chart
    KGC.CC
    9 minutes ago

    I found you a STOCH Bearish Reversal Divergence on the daily chart of KGC.CC.

    KGC.CC Daily Candlestick Chart
    KDAG.CC
    10 minutes ago

    I found you a STOCH Bullish Hidden Divergence on the daily chart of KDAG.CC.

    KDAG.CC Daily Candlestick Chart
    KAVA.CC
    10 minutes ago

    I found you a STOCH Bullish Hidden Divergence on the daily chart of KAVA.CC.

    KAVA.CC Daily Candlestick Chart
    JEWEL.CC
    12 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of JEWEL.CC.

    JEWEL.CC Daily Candlestick Chart
    JAR.CC
    12 minutes ago

    I found you a STOCH Bearish Reversal Divergence on the daily chart of JAR.CC.

    JAR.CC Daily Candlestick Chart
    JADE.CC
    13 minutes ago

    I found you a STOCH Bearish Reversal Divergence on the daily chart of JADE.CC.

    JADE.CC Daily Candlestick Chart
    IRIS.CC
    13 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of IRIS.CC.

    IRIS.CC Daily Candlestick Chart
    IPL.CC
    14 minutes ago

    I found you a RSI Bearish Reversal Divergence on the daily chart of IPL.CC.

    IPL.CC Daily Candlestick Chart
    IOTX.CC
    15 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of IOTX.CC.

    IOTX.CC Daily Candlestick Chart
    IMT.CC
    16 minutes ago

    I found you a STOCH Bullish Reversal Divergence on the daily chart of IMT.CC.

    IMT.CC Daily Candlestick Chart
    IDEA.CC
    18 minutes ago

    I found you a STOCH Bearish Reversal Divergence on the daily chart of IDEA.CC.

    IDEA.CC Daily Candlestick Chart
    IBP.CC
    19 minutes ago

    I found you a MACD Bearish Hidden Divergence on the daily chart of IBP.CC.

    IBP.CC Daily Candlestick Chart