⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
SBIN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | SBIN | Market Cap | 9,87,910 Cr. | Current Price | 1,070 ₹ | High / Low | 1,235 ₹ |
| Stock P/E | 13.1 | Book Value | 585 ₹ | Dividend Yield | 1.49 % | ROCE | 6.37 % |
| ROE | 17.3 % | Face Value | 1.00 ₹ | DMA 50 | 1,099 ₹ | DMA 200 | 966 ₹ |
| Chg in FII Hold | 0.77 % | Chg in DII Hold | -0.61 % | PAT Qtr | 21,028 Cr. | PAT Prev Qtr | 16,666 Cr. |
| RSI | 37.7 | MACD | -17.0 | Volume | 1,14,36,999 | Avg Vol 1Wk | 1,54,41,588 |
| Low price | 730 ₹ | High price | 1,235 ₹ | PEG Ratio | 0.43 | Debt to equity | 11.7 |
| 52w Index | 67.2 % | Qtr Profit Var | 24.5 % | EPS | 87.0 ₹ | Industry PE | 7.57 |
📊 Technical Analysis
- Chart Patterns: Stock is near short-term support at ₹1,050 with resistance around ₹1,120. Trendline shows weakness after failing to sustain above ₹1,099 (50 DMA).
- Moving Averages: Price (₹1,070) is below 50 DMA (₹1,099) but above 200 DMA (₹966). Indicates medium-term uptrend but short-term weakness.
- RSI: 37.7 — oversold zone, suggesting potential rebound.
- MACD: -17.0 — bearish crossover, momentum negative.
- Bollinger Bands: Price near lower band, signaling oversold condition and possible bounce.
- Volume Trends: Current volume (1.14 Cr) below 1-week average (1.54 Cr), showing reduced participation.
📈 Momentum & Signals
- Short-term Momentum: Weak, but oversold RSI may trigger a relief rally.
- Entry Zone: ₹1,050–₹1,070 (support region).
- Exit Zone: ₹1,120–₹1,150 (resistance region).
- Trend Status: Consolidating with bearish bias, possible reversal if support holds.
✅ Positive
- Strong quarterly PAT growth (₹21,028 Cr vs ₹16,666 Cr, +24.5%).
- EPS at ₹87, attractive valuation with PEG ratio 0.43.
- ROE at 17.3% indicates efficient capital usage.
- FII holdings increased (+0.77%).
⚠️ Limitation
- ROCE at 6.37% is relatively weak.
- Debt-to-equity ratio high at 11.7.
- Stock P/E (13.1) above industry average (7.57).
- DII holdings decreased (-0.61%).
📉 Company Negative News
- High leverage levels raise concerns about long-term sustainability.
- Short-term technical weakness with MACD bearish crossover.
📈 Company Positive News
- Strong quarterly profit growth and improving EPS.
- Dividend yield of 1.49% provides steady income.
- Stock trading well above 200 DMA, showing medium-term strength.
🏦 Industry
- Banking sector trading at lower PE (7.57), making SBIN relatively expensive.
- Sector supported by credit growth and rising profitability.
🔎 Conclusion
- SBIN is consolidating with short-term weakness but medium-term strength.
- Oversold RSI suggests potential rebound from ₹1,050–₹1,070 support zone.
- Optimal strategy: accumulate near support, book profits around ₹1,120–₹1,150.
- Risk caution: high debt levels and weak ROCE.