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Technicals for United Breweries Limited
By MusingTheNews
2025-05-30 21:01
Overall Technical outlook
Price Summary
On 2025-05-30, United Breweries Limited's shares started at 2011.4, peaked at 2011.4, bottomed out at 1968.0, and ended -1.72% down at 1976.8, with 106615 shares traded. The stock reached its highest price of 2238.9 and lowest price of 1827.95 over the last 52 weeks. According to 14 analysts, the future price is anticipated to vary between 1185.0 and 2610.0, with an average expected price of around 2032.6428.
Technicals
Support and Resistance: The price for UBL is 1976.8, with support at 1912.85 and resistance at 1992.4. This suggests a range where 1912.85 acts as a base, preventing declines, and 1992.4 caps gains, defining key trading levels. Support/Resistance for UBL
Aroon: Aroon's bearish trend continues, with Aroon Down maintaining its position at the 100 level. This sustained bearish momentum suggests potential ongoing declines. However, to fully understand the trend's implications, it's important to analyze it alongside other indicators to gain a comprehensive view of the market. Aroon chart for United Breweries Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for UBL, 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. Bolinger Bands chart for United Breweries Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for United Breweries Limited. Parabolic Stop and Reverse chart for United Breweries Limited
Stochastic: The Stochastic K-line's position below the D-line and under 20 suggests a mildly bearish market condition. This setup indicates potential downside risk, but the bearish signal is not very strong. Traders should watch for further developments before making any decisions. Stochastic chart for United Breweries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for United Breweries Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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