HDFC Bank Limited Stock Forecast

Buy or Hold candidate since Mar 18, 2025 Gain 15.66%

The HDFC Bank Limited stock price gained 0.236% on the last trading day (Friday, 25th Apr 2025), rising from $72.00 to $72.17. During the last trading day the stock fluctuated 1.81% from a day low at $71.16 to a day high of $72.45. The price has risen in 6 of the last 10 days and is up by 10.98% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 501 thousand more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $200.24 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 18.72% during the next 3 months and, with a 90% probability hold a price between $77.35 and $89.94 at the end of this 3-month period.

HDB Signals & Forecast

The HDFC Bank Limited stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $72.39. On a fall, the stock will find some support from the long-term average at approximately $65.82. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, April 22, 2025, and so far it has fallen -4.00%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Wednesday, February 26, 2025 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, May 23, 2024.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for HDFC Bank Limited stock

HDFC Bank Limited finds support from accumulated volume at $69.26 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.29 between high and low, or 1.81%. For the last week, the stock has had daily average volatility of 2.17%.

Our recommended stop-loss: $68.60 (-4.94%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (HDB) For The Upcoming Trading Day Of Monday 28th

For the upcoming trading day on Monday, 28th we expect HDFC Bank Limited to open at $71.93, and during the day (based on 14 day Average True Range), to move between $70.27 and $74.07, which gives a possible trading interval of +/-$1.90 (+/-2.63%) up or down from last closing price. If HDFC Bank Limited takes out the full calculated possible swing range there will be an estimated 5.26% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $72.29 (0.17%) than the support at $69.26 (4.03%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Dividend Warning For HDB

Dividend coming up for HDB: Ex-dividend date (Thursday 26th June, 2025) is 60 days away. The dividend is $0.660.

Is HDFC Bank Limited stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for HDFC Bank Limited stock to perform well in the short-term.

Current score: 2.206 Buy Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on April 28, 2025 - $71.93 ( 0.337%).