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Technicals for Union Bank of India
By MusingTheNews
2025-07-16 20:58
Overall Technical outlook
Price Summary
Union Bank of India's stock started trading at 146.95 on 2025-07-16, climbed to 149.6, fell to 146.12, and closed 0.95% up at 148.34, with 13989711 shares traded. The top price for the stock in the last 52 weeks is 155.39, with the bottom price being 101.25. According to 11 analysts, the future price is anticipated to vary between 120.0 and 160.0, with an average expected price of around 147.90909.
Technicals
Support and Resistance: The price of 148.34 is supported at 141.09 and encounters resistance at 155.39. This suggests key levels where the price might find stability, with 141.09 providing a base and 155.39 acting as an upper boundary for UNIONBANK. Support/Resistance for UNIONBANK
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for UNIONBANK. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Union Bank of India
Bol. Bands: The BOLL BANDS is in a neutral stance for UNIONBANK, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Union Bank of India
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. Parabolic Stop and Reverse chart for Union Bank of India
Stochastic: The STOCHASTIC 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. Stochastic chart for Union Bank of India
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Union Bank of India
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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