Meyka AI API is live for developers.Start building.
Advertisement
ICICI Prudential Nifty Private Banks ETF

ICICI Prudential Nifty Private Banks ETF (PVTBANIETF.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for ICICI Prudential Nifty Private Banks ETF.

PVTBANIETF.BO●BSE
Financial ServicesAsset Management - Global
₹28.12
₹0.29(1.04%)
Indian Market opens in 12h 26m
Advertisement

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

PVTBANIETF.BO Technical Analysis Summary

ICICI Prudential Nifty Private Banks ETF stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 64.61)
Trend Strength:Moderate (ADX: 22.25)
Volatility:Medium (ATR: 0.57)
Support/Resistance:$25.53 – $28.06 (Bollinger Bands)

Overall, ICICI Prudential Nifty Private Banks ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 64.61

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 69.68

Bullish
Buying momentum building without extremes.

Williams %R: -13.39

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): -1.65

Bearish
Selling pressure outweighs buying.

Takeaway:ICICI Prudential Nifty Private Banks ETF shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.22

Bullish
Bullish, trend momentum is strengthening.

ADX: 22.25

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.57

Low
Low volatility, stable price action.

CCI (14): 208.72

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:ICICI Prudential Nifty Private Banks ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$28.06
Middle Band (SMA 20)
$26.80
Lower Band
$25.53
Current Position
Above Upper Band

Takeaway:ICICI Prudential Nifty Private Banks ETF trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$28.03
Middle Line (EMA 20)
$26.90
Lower Channel
$25.77
Squeeze Status
No Squeeze

Takeaway:ICICI Prudential Nifty Private Banks ETF trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume360.59K
Money Flow Index84.17Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index70.27Bullish, price momentum strongly favors buyers.

Overall Takeaway:PVTBANIETF.BO shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of ICICI Prudential Nifty Private Banks ETF, 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.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:ICICI Prudential Nifty Private Banks ETF 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.

Technical Analysis FAQ