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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.NSNSE
Financial ServicesBanks - Regional
29.16
0.26(0.88%)
Indian Market is Open · 09:50

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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 neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish to Strongly Bullish (RSI: 26.14)
Trend Strength:Weak (ADX: 18.09)
Volatility:Medium (ATR: 1.05)
Support/Resistance:$29.03 – $34.37 (Bollinger Bands)

Technical conditions suggest Dhanlaxmi Bank Limited on the NSE is awaiting a decisive move. Overall, Dhanlaxmi Bank Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 26.14

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 6.61

Bullish
Oversold zone signals rebound potential.

Williams %R: -91.35

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -11.74

Strongly Bearish
Sharp downside momentum.

Takeaway:Dhanlaxmi Bank Limited shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -0.86

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.09

Weak
Weak trend, market trading sideways.

ATR (14): 1.05

Low
Low volatility, stable price action.

CCI (14): -169.31

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Dhanlaxmi Bank Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$34.37
Middle Band (SMA 20)
$31.70
Lower Band
$29.03
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$33.33
Middle Line (EMA 20)
$31.23
Lower Channel
$29.13
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume9.59M
Money Flow Index19.50Bullish, oversold conditions signal rebound potential.
Relative Vigor Index27.68Bearish, price momentum favors sellers.

Overall Takeaway:DHANBANK.NS shows oversold money flow, with rebound potential building.

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

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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

(NSE: DHANBANK.NS) Technical Analysis FAQ