IBN
ICICI Bank Limited Financial Services - Banking Investor Relations →
ICICI Bank Limited (IBN) closed at $29.99 as of 2026-07-31, trading 11.9% above its 200-week moving average of $26.79. The stock moved further from the line this week, up from 10.3% last week. The 14-week RSI sits at 65, indicating neutral momentum.
Trading volume is running at 1.2x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.94 ratio) is neutral — neither side is clearly dominating.
Over the past 1326 weeks of data, IBN has crossed below its 200-week moving average 18 times. On average, these episodes lasted 20 weeks. Historically, investors who bought IBN at the start of these episodes saw an average one-year return of +28.3%.
Return on equity stands at 16.1%, a solid level. The stock trades at 2.7x book value.
Share count has increased 2.5% over three years, indicating dilution.
Over the past 25.4 years, a hypothetical investment of $100 in IBN would have grown to $3116, compared to $1008 for the S&P 500. That represents an annualized return of 14.5% vs 9.5% for the index — confirming IBN as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: IBN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After IBN Crosses Below the Line?
Across 18 historical episodes, buying IBN when it crossed below its 200-week moving average produced an average return of +29.2% after 12 months (median +18.0%), compared to +15.8% for the S&P 500 over the same periods. 75% of those episodes were profitable after one year. After 24 months, the average return was +41.5% vs +27.6% for the index.
Each line shows $100 invested at the moment IBN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Dislocation Scores Experimental
Each score measures deviation from IBN's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
IBN has crossed below its 200-week MA 18 times with an average 1-year return of +28.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2001 | Jun 2002 | 65 | 67.2% | -16.6% | +2704.9% |
| Jun 2002 | Jun 2003 | 54 | 28.9% | +6.7% | +3212.5% |
| Jun 2008 | Sep 2009 | 63 | 69.1% | +7.6% | +574.8% |
| Oct 2009 | Nov 2009 | 1 | 7.4% | +69.7% | +516.0% |
| Feb 2010 | Feb 2010 | 1 | 2.9% | +30.4% | +477.6% |
| Aug 2011 | Aug 2011 | 2 | 2.1% | -2.2% | +414.5% |
| Sep 2011 | Jan 2012 | 18 | 27.5% | +17.0% | +442.9% |
| Apr 2012 | Jul 2012 | 15 | 17.3% | +26.9% | +465.8% |
| Aug 2012 | Sep 2012 | 2 | 5.7% | -18.7% | +466.9% |
| Jun 2013 | Mar 2014 | 37 | 32.5% | +28.9% | +377.5% |
| Nov 2015 | Jan 2017 | 65 | 36.9% | +0.9% | +329.7% |
| Mar 2017 | Mar 2017 | 1 | 2.0% | +25.3% | +323.0% |
| Apr 2017 | Apr 2017 | 1 | 0.9% | +13.7% | +317.8% |
| Jun 2018 | Jul 2018 | 4 | 3.7% | +56.8% | +287.2% |
| Mar 2020 | Aug 2020 | 22 | 24.9% | +101.6% | +286.7% |
| Sep 2020 | Sep 2020 | 1 | 3.5% | +104.1% | +223.1% |
| Mar 2026 | Apr 2026 | 2 | 3.0% | N/A | +18.5% |
| May 2026 | Jun 2026 | 4 | 2.0% | N/A | +15.1% |
| Average | 20 | — | +28.3% | — |
Frequently Asked Questions
Is IBN below its 200-week moving average?
No. ICICI Bank Limited (IBN) is currently 11.9% above its 200-week moving average of $26.79. It would need to fall to $26.79 to cross below the line.
What is IBN's 200-week moving average price?
ICICI Bank Limited's 200-week moving average is $26.79 as of 2026-07-31. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when IBN drops below its 200-week moving average?
IBN has crossed below its 200-week moving average 18 times in our data. On average, buying at that moment produced a one-year return of +28.3%. These dips have historically been decent entry points. These episodes lasted 20 weeks on average.
Is IBN a good value right now?
Here's what our data says about IBN as of 2026-07-31: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 65. Return on equity is 16.1%. Price-to-book is 2.7x. This is not a buy or sell recommendation — always do your own research.
How does IBN compare to the S&P 500?
Over the past 25.4 years, $100 invested in IBN would have grown to $3116, compared to $1008 for the S&P 500. That's 14.5% annualized vs 9.5% for the index. IBN has outperformed the broader market over this period.
Does IBN pay a dividend?
Yes. ICICI Bank Limited currently pays a dividend yield of 82.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-07-31