YES Bank shares trading at three-month low, more downside likely?
YES Bank stock, which is facing weak trend in the short term and long term, is down over 19% from its June high.
- Aug 28, 2025,
- Updated Sep 1, 2025 12:27 PM IST
Shares of private sector lender YES Bank were trading below the Rs 19 mark for the second straight session amid weak market sentiment on Thursday. YES Bank stock, which is facing weak trend in the short term and long term, is down over 19% from its June high. The stock rose to Rs 23.40 on June 2 this year. However, it has been falling since then.
Trading at a three-month low, the banking stock slipped nearly 1% to Rs 18.80 on BSE today. Market cap of the bank stood at Rs 59,037 crore. YES Bank has a one-year beta of 0.9, indicating average volatility during the period.
In terms of technicals, the relative strength index (RSI) of the YES Bank stock stands at 43.6, signaling the stock is neither overbought nor oversold on charts.
YES Bank shares are trading lower than the 5 day, 10 day, 20 day, 30 day, 50 day, 100 day, 150 day and 200 day moving averages.
Om Mehra, Technical Research Analyst, SAMCO Securities said, "YES Bank stock has struggled to sustain above the Rs 20.00 resistance band, which also aligns with the Super trend indicator at Rs 19.70, and has now slipped below the 50-Day SMA (Rs 18.97).
Price action reflects a clear sequence of lower highs and lower lows, keeping the near-term trajectory tilted to the downside.
Current decline has been accompanied by higher-than-average volumes, highlighting supply pressure whenever the stock attempts to move higher. On the support front, the Rs 18.20–Rs 18.00 zone emerges as the next cushion. A decisive breach below this zone could extend weakness toward Rs 17.40–Rs 16.80, levels that coincide with previous consolidation supports. On the upside, reclaiming Rs 20.50 remains crucial to negate the short-term weakness. A close above this barrier would not only lift sentiment but also pave the way for an extension toward Rs 21.80–Rs 22.50."
Drumil Vithlani, Technical Research Analyst at Bonanza Porfolio says, "YES Bank has been in a corrective phase after facing resistance near rS 23.50, where the recent swing high was formed. The stock has retraced lower, testing the Fibonacci 0.618 support zone at Rs 18.90, and is currently hovering around this level. A decisive breakdown below this zone could drag the stock further towards Rs 16.10 (Fibo 1.0 support). Immediate resistance is seen around Rs 19.80 (0.5 retracement). A sustained move above Rs 20.70 (0.382 retracement) could trigger further upside towards Rs 23.50."
Recently, Emkay Global Financial retained a 'Sell' rating on YES Bank's stock, setting a target price of Rs 17.
The target amounts to a valuation of 1.2 times the bank's FY27 estimated adjusted book value (ABV). The brokerage cited YES Bank's sub-par growth and return ratios as key reasons for this rating.
The lender's retail portfolio continues to face stress signaled by a slippage ratio of 2.5% in Q1FY26. However, there are some signs of improvement in its unsecured portfolio, specifically in personal loans and credit cards. The bank is striving to enhance its high-return assets, despite challenges in raising its share of higher-yielding loans, Emkay Global said.
AR Ramachandran, SEBI registered independent analyst says,"YES Bank stock price is bearish on the Daily charts with strong resistance at Rs 19.5. A Daily close below the support of Rs 18.33 could lead to a target of Rs 17 in the near term."
Shares of private sector lender YES Bank were trading below the Rs 19 mark for the second straight session amid weak market sentiment on Thursday. YES Bank stock, which is facing weak trend in the short term and long term, is down over 19% from its June high. The stock rose to Rs 23.40 on June 2 this year. However, it has been falling since then.
Trading at a three-month low, the banking stock slipped nearly 1% to Rs 18.80 on BSE today. Market cap of the bank stood at Rs 59,037 crore. YES Bank has a one-year beta of 0.9, indicating average volatility during the period.
In terms of technicals, the relative strength index (RSI) of the YES Bank stock stands at 43.6, signaling the stock is neither overbought nor oversold on charts.
YES Bank shares are trading lower than the 5 day, 10 day, 20 day, 30 day, 50 day, 100 day, 150 day and 200 day moving averages.
Om Mehra, Technical Research Analyst, SAMCO Securities said, "YES Bank stock has struggled to sustain above the Rs 20.00 resistance band, which also aligns with the Super trend indicator at Rs 19.70, and has now slipped below the 50-Day SMA (Rs 18.97).
Price action reflects a clear sequence of lower highs and lower lows, keeping the near-term trajectory tilted to the downside.
Current decline has been accompanied by higher-than-average volumes, highlighting supply pressure whenever the stock attempts to move higher. On the support front, the Rs 18.20–Rs 18.00 zone emerges as the next cushion. A decisive breach below this zone could extend weakness toward Rs 17.40–Rs 16.80, levels that coincide with previous consolidation supports. On the upside, reclaiming Rs 20.50 remains crucial to negate the short-term weakness. A close above this barrier would not only lift sentiment but also pave the way for an extension toward Rs 21.80–Rs 22.50."
Drumil Vithlani, Technical Research Analyst at Bonanza Porfolio says, "YES Bank has been in a corrective phase after facing resistance near rS 23.50, where the recent swing high was formed. The stock has retraced lower, testing the Fibonacci 0.618 support zone at Rs 18.90, and is currently hovering around this level. A decisive breakdown below this zone could drag the stock further towards Rs 16.10 (Fibo 1.0 support). Immediate resistance is seen around Rs 19.80 (0.5 retracement). A sustained move above Rs 20.70 (0.382 retracement) could trigger further upside towards Rs 23.50."
Recently, Emkay Global Financial retained a 'Sell' rating on YES Bank's stock, setting a target price of Rs 17.
The target amounts to a valuation of 1.2 times the bank's FY27 estimated adjusted book value (ABV). The brokerage cited YES Bank's sub-par growth and return ratios as key reasons for this rating.
The lender's retail portfolio continues to face stress signaled by a slippage ratio of 2.5% in Q1FY26. However, there are some signs of improvement in its unsecured portfolio, specifically in personal loans and credit cards. The bank is striving to enhance its high-return assets, despite challenges in raising its share of higher-yielding loans, Emkay Global said.
AR Ramachandran, SEBI registered independent analyst says,"YES Bank stock price is bearish on the Daily charts with strong resistance at Rs 19.5. A Daily close below the support of Rs 18.33 could lead to a target of Rs 17 in the near term."