*SBI Nears 52-Week High*
*Momentum Moderately Bullish*
*Valuation Reasonable for Largecap*
State Bank of India (SBI) traded at Rs. 867.30 (+0.37%) as of the latest update on Oct 3. The stock has returned 7.46% in 1 month and 9.21% in 1 year, hovering close to its 52-week high of Rs. 880.50 (52-week low: Rs. 680.00). With a PE of 10.32 and PB of 1.58, valuation appears reasonable for a leading public sector bank.
| Metric | Value | View |
|---|---|---|
| Price | Rs. 867.30 | Near 52W high |
| 1M / 1Y Return | 7.46% / 9.21% | Positive momentum |
| 52W High / Low | Rs. 880.50 / Rs. 680.00 | Upside cap near 880 |
| PE / PB | 10.32 / 1.58 | Reasonable valuation |
*Technical Analysis*
The overall momentum score is 64.1/100, indicating a technically moderately bullish setup. MACD 14.02 with single line 12.69 shows a positive crossover, supporting trend continuation. However, RSI 64.62 and MFI 83.37 are elevated; MFI is in the overbought zone, suggesting the potential for short-term consolidation or pullback if buying pressure cools.
| Indicator | Reading | Signal |
|---|---|---|
| Momentum Score | 64.1 / 100 | Moderately Bullish |
| RSI | 64.62 | Strong momentum; watch for overbought |
| MFI | 83.37 | Overbought risk |
| MACD | 14.02 (vs 12.69) | Bullish crossover |
*SWOT Overview*
Snapshot shows 34 strengths, 2 weaknesses, 6 opportunities, and 0 threats. This points to a robust franchise with limited highlighted risks in the immediate term.
QVT Score
The QVT score combines three key aspects: Quality of the business, Valuation of the stock, and Technical trend. It gives a quick overall rating of the stock. See the widget for the actual score and rating.
*QVT Score (Quality-Valuation-Technicals)*
| Quality | Valuation | Technicals |
|---|---|---|
| 75 / 100 (High financial strength) | 55 / 100 (Affordable valuation) | 64 / 100 (Moderately bullish) |
*Checklist Summary*
Overall checklist pass: 61.54% with 16 positives and 10 negatives. Financials: 6 positive / 2 negative. Ownership: 3 positive / 1 negative. The balance tilts positive but not unequivocal, implying selection and entry levels matter.
*Outlook*
- Near term: Momentum is constructive, but overbought MFI and proximity to the Rs. 880–885 resistance band may trigger consolidation or profit-booking.
- Medium to long term: Strong quality score and reasonable valuation support a positive bias; accumulate on dips toward support zones is a prudent approach.
Disclaimer: This analysis is based on the values visible in the shared screenshots as of Oct 3. It is for informational purposes only and is not investment advice. Please consult a certified advisor before investing.
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