Decline depth
—
Not currently in the rolling-252-day ≥20% decline universe.
Red ListRecovering
IBNICICI Bank Limited
4.3σ
decline sigma — volatility-normalized move (typical daily 1.29%)
Current
$29.39
Decline depth
—
Decline σ
4.3σ
TFC
5/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$IBN landed on the list 2026-03-11, down 21.1% from its 52-week high that day — now $29.39.
It has clawed back 6.1 percentage points off that level. It bottomed 27.1% below that high along the way.
From the 52-week high as of 2026-03-11 to today. Split-adjusted. Observed, not a forecast.
Structural break signals
IBN qualifies for the Red List on decline sigma.
Time-frame continuity
5/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Full bearish continuity — every time frame is broken.
Decline sigma
4.3σ
Drop over the last 10 bars in units of daily volatility (1.29%/day).
Past the ≥4σ Watch threshold.
The structural read
What price action says about IBN.
IBN qualifies for the Red List on decline sigma — the recent drop measures 4.3σ over a 10-bar window. Sigma scales the move by the stock's own typical daily volatility, so a small percentage drop in a normally-quiet name can land here when the bigger players miss it on a pure-percent threshold.
Cross-confirmation: also showing 5/5 bearish time frames.
A confirmed bullish signal on one or more time frames earned the Recovering badge. The tier says how deep the damage is; Recovering says momentum may be turning. Not a buy signal.
Whether IBN's turn is investable is ConvictionEdge's question, not ours.
Upstream TFC read: moderate alignment, current phase monthly. Last bar types — daily 2D (green), weekly 2U (red), monthly 1 (green).
Questions about IBN
What people ask.
Why is IBN on Broken Stocks?
IBN qualifies for the Red List on decline sigma. The recent drop measures 4.3σ over a 10-bar window — large enough that even a small percentage drop is structurally significant given the stock's typical day-to-day volatility (1.29%). It additionally carries a Recovering badge — see below.
What does the Recovering badge mean for IBN?
Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — IBN is still Red List because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.
Is IBN a falling knife?
IBN is on Broken Stocks for time-frame continuity or decline-sigma reasons rather than headline depth, so the falling-knife label doesn't cleanly apply. The phrase usually requires a meaningful percentage drop from a fresh high. See the structural break signals above for the axis that actually triggered the listing.
Is IBN a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is IBN trading inside its 52-week range?
At $29.39, IBN sits 55.4% of the way from its 52-week low ($27.80) to its 52-week high ($30.67). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.