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SBI Nifty Bank ETF

SETFNIFBK.NS Technical Analysis Summary (NSE)

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

SETFNIFBK.NS●NSE
Financial ServicesAsset Management - Global
₹588.77
₹1.20(0.20%)
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.NS Technical Analysis Summary (NSE)

SBI Nifty Bank ETF (NSE: SETFNIFBK.NS) stock currently shows a neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.09)
Trend Strength:Weak (ADX: 16.83)
Volatility:Low (ATR: 7.15)
Support/Resistance:$582.15 – $597.30 (Bollinger Bands)

Technical conditions suggest SBI Nifty Bank ETF on the NSE is awaiting a decisive move. Technical conditions suggest SBI Nifty Bank ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 48.09

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 62.75

Bullish
Buying momentum building without extremes.

Williams %R: -37.50

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 0.47

Neutral
Price change is minimal.

Takeaway:SBI Nifty Bank ETF shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.97

Bullish
Bullish, trend momentum is strengthening.

ADX: 16.83

Weak
Weak trend, market trading sideways.

ATR (14): 7.15

High
High volatility, wide price fluctuations.

CCI (14): -268.24

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:SBI Nifty Bank ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$597.30
Middle Band (SMA 20)
$589.73
Lower Band
$582.15
Current Position
Within Bands

Takeaway:SBI Nifty Bank ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$605.20
Middle Line (EMA 20)
$590.89
Lower Channel
$576.59
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-231.50K
Money Flow Index75.08Bullish, inflows support continued momentum.
Relative Vigor Index46.48Neutral to Bearish, sellers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of SBI Nifty Bank ETF (NSE: SETFNIFBK.NS), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

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 SBI Nifty Bank ETF are mixed, suggesting a Hold or wait-and-see approach.

(NSE: SETFNIFBK.NS) Technical Analysis FAQ