


Technical Sentiment Analysis for ICICI Bank Ltd (IBN) As of 2026-05-08, ICICI Bank Ltd (IBN) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 2 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for IBN stands at 41.438, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.305, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 25.595 and the Commodity Channel Index (CCI) at -72.917 further confirm a -1.11 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, IBN is trading below its 60-day moving average of $27.88 and below its 200-day long-term moving average of $30.202. Key price levels to watch include the immediate resistance at $27.519 and strong support at $25.829. A break above $27.519 could signal a bull continuation, while falling below $25.829 may test the next Fibonacci floor at $25.042.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 24.139 | 25.042 | 25.829 | 26.732 | 27.519 | 28.422 | 29.209 |
| Fibonacci | 25.042 | 25.688 | 26.086 | 26.732 | 27.378 | 27.776 | 28.422 |
2026-05-08
| Name | Value |
|---|---|
| RSI_14 | 41.438 |
| STOCHk_14_3_3 | 25.595 |
| STOCHd_14_3_3 | 26.187 |
| CCI_20 | -72.917 |
| AO_5_34 | -0.462 |
| MOM_10 | -1.11 |
| MACD_12_26_9 | -0.305 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 26.428 | Buy |
| MA_10 | 26.616 | Sell |
| MA_20 | 27.48 | Sell |
| MA_60 | 27.88 | Sell |
| MA_200 | 30.202 | Sell |
| MA_250 | 30.883 | Sell |