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(SBI) Western Asset complete technical analysis [charts+indicators] | Buy/Sell Western Asset | (SBI) share price targets

Complete technical analysis of Western Asset (SBI) by charts plus indicators, forecast predictions and share price targets for Western Asset (SBI)

Western Asset trades in USA in N A sector.

10 day averaged volume of Western Asset is 47619

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 7.83 7.82 7.86 7.81 1.787 times
15 Wed May 2024 7.82 7.83 7.85 7.82 1.186 times
14 Tue May 2024 7.80 7.82 7.84 7.79 1.504 times
13 Mon May 2024 7.82 7.83 7.83 7.81 1.224 times
10 Fri May 2024 7.82 7.86 7.87 7.80 0.506 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.8, but if it comes below 7.8, then a intra day sell could be more profitable.
If you take a sell trade below 7.8, then use 7.8 as stoploss and 7.75 as target. However if you take a buy trade in stock , then use 7.8 as stoploss and 7.9 as target.

Share price targets for Western Asset (SBI)

Target Type Value
Downside Target 7.61
Downside Target 7.83
Upside Target 7.84
Upside Target 7.86
Upside Target 7.87
Upside Target 7.91
Upside Target 7.96
Upside Target 7.97
Upside Target 8.00

Intraday share price targets for Western Asset (SBI)

Target Type Value
Downside Intraday Target 7.79
Downside Intraday Target 7.76
Upside Intraday Target 7.86
Upside Intraday Target 7.9
Downside Intraday Target 7.83

Weekly technical analysis of Western Asset (SBI)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 7.83 7.83 7.86 7.79 2.058 times
10 Fri May 2024 7.82 7.77 7.87 7.76 0.301 times
03 Fri May 2024 7.76 7.67 7.79 7.65 0.551 times
26 Fri Apr 2024 7.66 7.67 7.72 7.61 1.462 times
19 Fri Apr 2024 7.74 7.83 7.83 7.71 3.848 times

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

Monthly technical analysis of Western Asset (SBI)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 7.83 7.70 7.87 7.67 0.411 times
30 Tue Apr 2024 7.68 7.90 7.96 7.61 2.783 times
28 Thu Mar 2024 7.92 7.92 8.00 7.84 0.554 times
29 Thu Feb 2024 7.89 7.84 7.97 7.77 1.98 times

Price has moved up 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 Western Asset (SBI)

Indicator Name Indicator Value Indicator Signal
ADX 71, 71, 0 Sell
MACD 0, 0Buy
Stochastics 70Buy
CCI 46Buy
RSI 44Sell
OBV -6313Sell
VWAP 8Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Western Asset ( (SBI) ) based on a short term time period is

Price action analysis of Western Asset ( (SBI) ) based on a short term time period is

Price action analysis of Western Asset ( (SBI) ) based on a short to mid 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.

Price action analysis of Western Asset ( (SBI) ) based on a mid to longer 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.

ADX buy sell signal for Western Asset stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Western Asset in short term and the buy signal is strong.

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

Western Asset Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 Western Asset in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Western Asset is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.81 and Western Asset (SBI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Western Asset (SBI) stock. Volume based technical analysis of Western Asset (SBI) stock is negative.

Western Asset Stock is giving positive 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.

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