Meyka Pro banner
ICICI Bank Limited

ICICIBANK.BO Technical Analysis Summary (BSE)

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

ICICIBANK.BO●BSE
Financial ServicesBanks - Regional
₹1395.00
₹10.00(0.72%)
Indian Market opens in 58h 47m

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

ICICIBANK.BO Technical Analysis Summary (BSE)

ICICI Bank Limited (BSE: ICICIBANK.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 58.33)
Trend Strength:Moderate (ADX: 25.35)
Volatility:Low (ATR: 25.56)
Support/Resistance:$1286.95 – $1408.60 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 58.33

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 78.89

Bullish
Buying momentum building without extremes.

Williams %R: -15.93

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 5.47

Strongly Bullish
Strong upside momentum.

Takeaway:ICICI Bank Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 4.27

Bullish
Bullish, trend momentum is strengthening.

ADX: 25.35

Moderate
Moderate trend, direction gaining strength.

ATR (14): 25.56

Rising
Rising volatility, market activity increasing.

CCI (14): 97.93

Bullish
Bullish, momentum building upward.

Takeaway:ICICI Bank Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1408.60
Middle Band (SMA 20)
$1347.78
Lower Band
$1286.95
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$1416.24
Middle Line (EMA 20)
$1365.12
Lower Channel
$1314.01
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-37.61M
Money Flow Index38.91Bearish, selling pressure outweighs inflows.
Relative Vigor Index64.15Bullish, price momentum strongly favors buyers.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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:ICICI Bank Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(BSE: ICICIBANK.BO) Technical Analysis FAQ