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Dhanlaxmi Bank Limited

DHANBANK.NS Technical Analysis Summary (NSE)

Analyze DHANBANK.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

DHANBANK.NS●NSE
Financial ServicesBanks - Regional
₹33.73
₹1.24(3.82%)
Indian Market opens in 28h 50m

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.NS Technical Analysis Summary (NSE)

Dhanlaxmi Bank Limited (NSE: DHANBANK.NS) stock currently shows a bullish trend on the NSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 56.61)
Trend Strength:Moderate (ADX: 20.67)
Volatility:Medium (ATR: 1.13)
Support/Resistance:$31.15 – $34.36 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 56.61

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 43.15

Neutral
Mid-range signal with no clear trend.

Williams %R: -21.22

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 3.06

Bullish
Steady upward momentum.

Takeaway:Dhanlaxmi Bank Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.22

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.67

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.13

Low
Low volatility, stable price action.

CCI (14): 207.06

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$34.36
Middle Band (SMA 20)
$32.76
Lower Band
$31.15
Current Position
Within Bands

Takeaway:Dhanlaxmi Bank Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$35.11
Middle Line (EMA 20)
$32.85
Lower Channel
$30.58
Squeeze Status
Squeeze On

Takeaway:Dhanlaxmi Bank Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume10.68M
Money Flow Index67.68Bullish, inflows support continued momentum.
Relative Vigor Index62.85Bullish, price momentum strongly favors buyers.

Overall Takeaway:DHANBANK.NS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Dhanlaxmi Bank Limited (NSE: DHANBANK.NS), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Dhanlaxmi Bank Limited are mixed, suggesting a Hold or wait-and-see approach.

(NSE: DHANBANK.NS) Technical Analysis FAQ