Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Dhanlaxmi Bank Limited

DHANBANK.BO•BSE
Financial Services
Banks - Regional
₹23.76
₹-0.16(-0.67%)
Indian Market is Open • 09:54

Dhanlaxmi Bank Limited (DHANBANK.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Dhanlaxmi Bank Limited (BSE:DHANBANK.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

DHANBANK.BO Technical Analysis Summary

Dhanlaxmi Bank Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 39.50)
Trend Strength:Moderate (ADX: 20.16)
Volatility:Medium (ATR: 0.49)
Support/Resistance:$23.69 – $24.30 (Bollinger Bands)

Technical conditions suggest Dhanlaxmi Bank Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 39.50

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 33.79

Bearish
Momentum remains weak below midpoint.

Williams %R: -73.86

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -1.70

Bearish
Selling pressure outweighs buying.

Takeaway:Dhanlaxmi Bank Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.26

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.16

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.49

Low
Low volatility, stable price action.

CCI (14): -96.80

Bearish
Bearish, momentum remains under pressure.

Takeaway:Dhanlaxmi Bank Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$24.30
Middle Band (SMA 20)
$24.00
Lower Band
$23.69
Current Position
Within Bands

Takeaway:Dhanlaxmi Bank Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$25.10
Middle Line (EMA 20)
$24.11
Lower Channel
$23.13
Squeeze Status
Squeeze On

Takeaway:Dhanlaxmi Bank Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume35.09K
Money Flow Index79.37Bullish, inflows support continued momentum.
Relative Vigor Index38.20Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Dhanlaxmi Bank Limited, 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:Dhanlaxmi Bank Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ