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ICICI Prudential Nifty Bank ETF

BANKIETF.BO•BSE
Financial Services
Asset Management
₹62.63
₹-0.36(-0.57%)
Indian Market opens in 8h 2m

ICICI Prudential Nifty Bank ETF (BANKIETF.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for ICICI Prudential Nifty Bank ETF (BSE:BANKIETF.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BANKIETF.BO Technical Analysis Summary

ICICI Prudential Nifty Bank ETF stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 58.42)
Trend Strength:Weak (ADX: 12.26)
Volatility:Low (ATR: 0.91)
Support/Resistance:$60.45 – $63.36 (Bollinger Bands)

Overall, ICICI Prudential Nifty Bank ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 58.42

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 74.10

Bullish
Buying momentum building without extremes.

Williams %R: -30.47

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 1.79

Bullish
Steady upward momentum.

Takeaway:ICICI Prudential Nifty Bank ETF shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.48

Bullish
Bullish, trend momentum is strengthening.

ADX: 12.26

Weak
Weak trend, market trading sideways.

ATR (14): 0.91

Low
Low volatility, stable price action.

CCI (14): 81.27

Bullish
Bullish, momentum building upward.

Takeaway:ICICI Prudential Nifty Bank ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$63.36
Middle Band (SMA 20)
$61.90
Lower Band
$60.45
Current Position
Within Bands

Takeaway:ICICI Prudential Nifty Bank ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$63.85
Middle Line (EMA 20)
$62.03
Lower Channel
$60.21
Squeeze Status
Squeeze On

Takeaway:ICICI Prudential Nifty Bank ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.58M
Money Flow Index91.44Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index59.85Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:BANKIETF.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of ICICI Prudential Nifty Bank ETF, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for ICICI Prudential Nifty Bank ETF are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ