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ICICI Prudential Nifty Bank ETF

BANKIETF.BO Technical Analysis Summary (BSE)

Analyze BANKIETF.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BANKIETF.BO●BSE
Financial ServicesAsset Management
₹55.63
₹0.74(1.31%)
Indian Market opens in 30h 22m

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 (BSE)

ICICI Prudential Nifty Bank ETF (BSE: BANKIETF.BO) stock currently shows a bearish trend on the BSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 36.50)
Trend Strength:Moderate (ADX: 21.73)
Volatility:Low (ATR: 0.95)
Support/Resistance:$55.53 – $57.77 (Bollinger Bands)

Technical conditions suggest ICICI Prudential Nifty Bank ETF on the BSE is awaiting a decisive move. Technical conditions suggest ICICI Prudential Nifty Bank ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 36.50

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 42.09

Neutral
Mid-range signal with no clear trend.

Williams %R: -76.11

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -1.26

Bearish
Selling pressure outweighs buying.

Takeaway:ICICI Prudential Nifty Bank ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.35

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.73

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.95

Low
Low volatility, stable price action.

CCI (14): -143.03

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:ICICI Prudential Nifty Bank ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$57.77
Middle Band (SMA 20)
$56.65
Lower Band
$55.53
Current Position
Within Bands

Takeaway:ICICI Prudential Nifty Bank ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$58.80
Middle Line (EMA 20)
$56.90
Lower Channel
$54.99
Squeeze Status
Squeeze On

Takeaway:ICICI Prudential Nifty Bank ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-169.68K
Money Flow Index68.25Bullish, inflows support continued momentum.
Relative Vigor Index42.93Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:BANKIETF.BO shows mixed signals in money flow analysis.

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

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:ICICI Prudential Nifty Bank ETF shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: BANKIETF.BO) Technical Analysis FAQ