Icici Bank Limited | IBN

Daily Technical Analysis of Icici Bank Limited

Icici Bank Limited moved up less than 1% today. The market isn't being very decisive in its valuation of asset.

Icici Bank Limited doesn't seem to be at a very clear reversal point in either direction. Icici Bank Limited has been drifting up over the last few months, we'll see if it has the energy to keep moving in the right direction. IBN might find some support at the 25.77 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Icici Bank Limited By Price Target And Rating

The analysts are pretty neutral on ICICI Bank Limited right now, so not much useful information here. The current Analysts Sentiment Score is 0.22. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. The Goldman Sachs Group downgraded from Conviction-Buy to Buy on 2023-04-07.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for ICICI Bank Limited

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for ICICI Bank Limited

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.