Can ICICI Bank (IBN) Continue to Rise? - Tale of the Tape

Investors have definitely seen some solid trading in ICICI Bank Limited IBN lately, leading to gains for some. However, IBN is now in overbought territory thanks to its latest move, as the firm has an RSI value of 80.3. Additionally, ICICI Bank currently has a Zacks Rank #4 (Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.

 
ICICI BANK LTD IBN: Free Stock Analysis Report
 
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