HDFC Bank Limited (HDB) adjusted down SMA-200 -0.42%

HDFC Bank Limited (HDB) recently closed with fall of -6.07% to its 20-Day Simple Moving Average. This short time frame picture represents a downward movement of current price over average price of last 20 days. Now moving toward intermediate time frame, 50-day Moving average is more useful at showing position trading trends lasting 50 days. Shares of HDB moved downward with change of -5.53% to its 50-day Moving average. This falling movement shows negative prices direction over last 50 days. HDB stock price revealed pessimistic move of -0.42% comparing average price of last 200 days. This comparison showed down direction of price behind its 200-SMA. HDFC Bank Limited (HDB) stock price moved downswing along with the volume 0.79 million shares in Tuesday session. Shares are clocking price at $99.99 with change of -0.29%.

Current trade price levels places HDB’s stock about -10.80% away from the 52-week high and closed 12.26% away from the 52-week low. The total dollar value of all 826.86 million outstanding shares is 82.68 billion. The company’s 3-months average volume stands at 0.72 million. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 1.08.

Currently Analysts have a mean recommendation of 1.50 on the shares. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell.

The beta factor is 1.01.Volatility shows sense of how far the stock will fall if the market takes a dive and how high stock will rise if the bull starts to climb. A stock with a beta more than 1 means high volatile and less than 1 means low volatile.

The PE ratio of 33.55 helps investors explore how much they should pay for a stock based on its current earnings. High ratio reveals positive future performance and investors are willing to pay more. Low ratio discloses poor current and future performance.

ROI is 12.60%. A positive result means that returns exceed costs. Analysts therefore consider the investment a net gain. The opposite kind of result, a negative means that costs outweigh returns. Analysts therefore view the investment as a net loss.

Investors saw a negative move of -3.69% in last five trading days. This performance is snap pessimistic view of last week. The stock is remained in negative radar as stock is falling. Going back previous 30 days we noticed that HDB performed along discount change of -9.65%. This curtailing movement indicates the picture of whole previous month is unhealthy. Currently HDFC Bank Limited (HDB) stock is moving with downswing trend.

Going move backward a period of six month analysis we come to know that stock dipped -1.35% giving falling alert for Investors. Now we take an assessment of last twelve months period, where stock moved higher with performance of 5.00%. Investors also expect the good YTD performance from the stock. From the start of year 2018 to present date HDB reported slumped performance of -1.65%.

Rory Tomholt

Rory Tomholt

Rory Tomholt: Services Reporter I am Rory Tomholt and I have over 17 years experience in the financial services industry giving me a vast understanding of how news affects the financial markets. I am an active day trader spending the majority of my time analyzing earnings reports and watching commodities and derivatives. I have a Masters Degree in Economics from Westminster University with previous roles counting Investment Banking. Address: 4645 Hewes Avenue Catonsville, MD 21228 Phone: 443-612-9469 Email: rory@nasdaqplace.com