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Technicals for Union Bank of India
Price Summary
Union Bank of India's stock opened at 164.01 on 2026-06-03, surged to 167.5, dropped to 160.55, and ended 1.64% up at 166.7, with 10403591 shares traded.Over the past year, the stock's highest price was 202.27, and its lowest was 124.82.
Technicals
Support and Resistance: The price of 166.7 is supported at 163.74 and faces resistance at 175.21. This range suggests key levels for UNIONBANK where the price may stabilize, with 163.74 acting as a support and 175.21 as a cap on gains.Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for UNIONBANK, with no strong trend emerging.
Parabolic SAR: The PSAR for UNIONBANK remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains.
Stochastic: The current state of the STOCHASTIC is neutral for UNIONBANK, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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