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SBI Nifty Bank ETF

SETFNIFBK.BO Technical Analysis Summary (BSE)

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

SETFNIFBK.BO●BSE
Financial ServicesAsset Management - Global
₹590.72
₹2.71(0.46%)
Indian Market opens in 0h 11m

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

SETFNIFBK.BO Technical Analysis Summary (BSE)

SBI Nifty Bank ETF (BSE: SETFNIFBK.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: 50.04)
Trend Strength:Moderate (ADX: 29.31)
Volatility:Low (ATR: 6.52)
Support/Resistance:$582.18 – $598.97 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 50.04

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 70.60

Bullish
Buying momentum building without extremes.

Williams %R: -27.26

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 0.55

Neutral
Price change is minimal.

Takeaway:SBI Nifty Bank ETF shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.75

Bullish
Bullish, trend momentum is strengthening.

ADX: 29.31

Moderate
Moderate trend, direction gaining strength.

ATR (14): 6.52

High
High volatility, wide price fluctuations.

CCI (14): -73.61

Bearish
Bearish, momentum remains under pressure.

Takeaway:SBI Nifty Bank ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$598.97
Middle Band (SMA 20)
$590.58
Lower Band
$582.18
Current Position
Within Bands

Takeaway:SBI Nifty Bank ETF trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$604.44
Middle Line (EMA 20)
$591.40
Lower Channel
$578.36
Squeeze Status
Squeeze On

Takeaway:SBI Nifty Bank ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-56.21K
Money Flow Index34.27Bearish, selling pressure outweighs inflows.
Relative Vigor Index53.98Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of SBI Nifty Bank ETF (BSE: SETFNIFBK.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

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

Overall Recommendation:SBI Nifty Bank ETF stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(BSE: SETFNIFBK.BO) Technical Analysis FAQ