Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SOUTHBANK) South Indian complete technical analysis [charts+indicators] | Buy/Sell South Indian | (SOUTHBANK) share price targets

Complete technical analysis of South Indian (SOUTHBANK) by charts plus indicators, forecast predictions and share price targets for South Indian (SOUTHBANK)

South Indian trades in NSE in Banks sector.

Showing technical analysis as on 2024-03-15 View latest technical analysis

10 day averaged volume of South Indian is 33748744

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	29.75	27.35	30.75	26.40	1.878 times
14 Thu Mar 2024	27.25	26.00	27.80	25.25	1.845 times
13 Wed Mar 2024	26.25	27.85	28.45	26.05	1.557 times
12 Tue Mar 2024	27.70	28.45	28.70	27.50	1.29 times
11 Mon Mar 2024	28.45	30.00	30.10	28.20	0.966 times
07 Thu Mar 2024	29.80	30.25	30.60	29.60	0.859 times
06 Wed Mar 2024	30.25	31.00	31.15	30.00	1.377 times
05 Tue Mar 2024	32.10	31.30	32.40	30.75	1.081 times
04 Mon Mar 2024	31.40	32.20	32.30	31.25	0.487 times
02 Sat Mar 2024	32.15	32.45	32.60	32.05	0.074 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 28.8 as stoploss in an intra day buy trade for a target of 31.62. However, stock will show a bearish move below 28.8.

Share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Target	23.10
Downside Target	24.60
Downside Target	25.25
Downside Target	26.10
Downside Target	28.50
Downside Target	29.60
Upside Target	30.60
Upside Target	31.50
Upside Target	32.15
Upside Target	35.85
Upside Target	35.90
Upside Target	37.10
Upside Target	37.30
Upside Target	40.15

Intraday share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Intraday Target	26.42
Downside Intraday Target	23.08
Upside Intraday Target	31.92
Upside Intraday Target	34.08
Downside Intraday Target	28.58

Weekly technical analysis of South Indian (SOUTHBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	29.75	30.00	30.75	25.25	1.981 times
07 Thu Mar 2024	29.80	32.20	32.40	29.60	0.502 times
02 Sat Mar 2024	32.15	36.80	37.30	30.60	1.43 times
23 Fri Feb 2024	36.30	34.70	37.10	32.15	1.221 times
16 Fri Feb 2024	34.50	35.75	35.85	31.50	0.628 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of South Indian (SOUTHBANK)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	29.75	32.85	32.90	25.25	0.374 times
29 Thu Feb 2024	32.35	34.90	40.15	30.60	0.68 times
31 Wed Jan 2024	34.70	26.70	35.90	26.10	2.058 times
29 Fri Dec 2023	26.70	24.85	28.50	24.60	1.915 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of South Indian (SOUTHBANK)

Price action analysis of South Indian ( (SOUTHBANK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of South Indian ( (SOUTHBANK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of South Indian ( (SOUTHBANK) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of South Indian ( (SOUTHBANK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for South Indian stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for South Indian in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

South Indian Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for South Indian in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of South Indian is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.9 and South Indian (SOUTHBANK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the South Indian (SOUTHBANK) stock. Volume based technical analysis of South Indian (SOUTHBANK) stock is negative.

South Indian Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.