AU Small Finance Bank Shows Mixed Technical Signals Amid Strong Price Momentum
Technical Momentum and Price Action
AU Small Finance Bank’s current price stands at ₹950.10, marginally below the previous close of ₹950.35. The stock’s intraday range has fluctuated between ₹940.90 and ₹967.00, touching its 52-week high during the session. This proximity to the yearly peak underscores sustained interest in the stock despite minor price retracements.
The technical trend has shifted from mildly bullish to bullish, reflecting a strengthening momentum in price action. Daily moving averages support this view, indicating that short-term price averages are positioned favourably relative to longer-term trends. This alignment often suggests that the stock is in an upward trajectory, supported by consistent buying…
