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SBI Mutual Fund - SBI-ETF Gold

Check the daily chart of SBI Mutual Fund - SBI-ETF Gold. The closing price of 2023-02-03 was INR 50.84 per share.

SBI Mutual Fund - SBI-ETF Gold 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

SBI Mutual Fund - SBI-ETF Gold Daily Moving Averages ChartSBI Mutual Fund - SBI-ETF Gold 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 SBI Mutual Fund - SBI-ETF Gold:

  • The Moving Average Convergence/Divergence (MACD) is 0.665. 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
SBI Mutual Fund - SBI-ETF Gold Daily Moving Average Convergence/Divergence (MACD) ChartSBI Mutual Fund - SBI-ETF Gold 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 SBI Mutual Fund - SBI-ETF Gold:

  • The ADX is 49.495. Strong Trend. +1
  • The ADX is declining, the current trend is weakening. -1
  • The +DI is higher than the -DI. The current trend is up. +2
SBI Mutual Fund - SBI-ETF Gold Daily Directional Movement Index (DMI) ChartSBI Mutual Fund - SBI-ETF Gold 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
  • SBI Mutual Fund - SBI-ETF Gold Daily Parabolic SAR ChartSBI Mutual Fund - SBI-ETF Gold 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
    SBI Mutual Fund - SBI-ETF Gold Daily Relative Strength Index (RSI) ChartSBI Mutual Fund - SBI-ETF Gold 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
    SBI Mutual Fund - SBI-ETF Gold Daily Stochastic Oscillator ChartSBI Mutual Fund - SBI-ETF Gold Daily Stochastic Oscillator Chart
    2.3 Commodity Channel Index (CCI)
    SBI Mutual Fund - SBI-ETF Gold Daily Commodity Channel Index (CCI) ChartSBI Mutual Fund - SBI-ETF Gold Daily Commodity Channel Index (CCI) Chart
    2.4 Chande Momentum Oscillator (CMO)
    SBI Mutual Fund - SBI-ETF Gold Daily Chande Momentum Oscillator (CMO) ChartSBI Mutual Fund - SBI-ETF Gold Daily Chande Momentum Oscillator (CMO) Chart
    2.5 Williams %R
    SBI Mutual Fund - SBI-ETF Gold Daily Williams %R ChartSBI Mutual Fund - SBI-ETF Gold Daily Williams %R Chart

    3. Volatility Indicators

    3.1 Bollinger Bands
    SBI Mutual Fund - SBI-ETF Gold Daily Bollinger Bands ChartSBI Mutual Fund - SBI-ETF Gold Daily Bollinger Bands Chart
    3.2 Average True Range (ATR)
    SBI Mutual Fund - SBI-ETF Gold Daily Average True Range (ATR) ChartSBI Mutual Fund - SBI-ETF Gold Daily Average True Range (ATR) Chart

    4. Volume Indicators

    4.1 On-Balance Volume (OBV)
    SBI Mutual Fund - SBI-ETF Gold Daily On-Balance Volume (OBV) ChartSBI Mutual Fund - SBI-ETF Gold Daily On-Balance Volume (OBV) Chart
    4.2 Money Flow Index (MFI)
    SBI Mutual Fund - SBI-ETF Gold Daily Money Flow Index (MFI) ChartSBI Mutual Fund - SBI-ETF Gold Daily Money Flow Index (MFI) Chart

    5. Summary

    5.1. Notifications

    TypeNotificationDate
    PenkeCurrently no notifications for SBI Mutual Fund - SBI-ETF Gold.

    5.2. Trading Signals

    DateIndicatorEntry signalExit signal
    2023-01-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
    2023-01-24CMO LONG ENTRY SHORT CLOSE50 crossover to upside
    2023-01-25MACD SHORT ENTRY LONG CLOSE
    CCI LONG ENTRY SHORT CLOSE100 crossover to upside
    2023-01-30SAR LONG ENTRY SHORT CLOSEprice crossed sar to upside
    2023-01-31ATR SHORT ENTRY LONG CLOSE
    2023-02-01MACD LONG ENTRY SHORT CLOSE
    SAR SHORT ENTRY LONG CLOSEprice crossed sar to downside
    RSI SHORT ENTRY LONG CLOSE70 crossover to downside
    STOCH SHORT ENTRY LONG CLOSE80 crossover to downside
    ATR SHORT ENTRY LONG CLOSE
    2023-02-02CMO LONG ENTRY SHORT CLOSE50 crossover to upside
    WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
    ATR LONG ENTRY SHORT CLOSE

    5.2. Technical Score

    Let's check the technical score of SBI Mutual Fund - SBI-ETF Gold based on Penke's default Symbol scanner.

    Penke's Symbol Scanner

      
      
    IndicatorConditionValue
    RsiGreater than5063.247
    Ma 20Greater thanMa 5049.943
    Ma 50Greater thanMa 10048.562
    Ma 100Greater thanMa 20046.687
    OpenGreater thanClose50.280
    Total4/5 (80.0%)

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