Overall Technical outlook

Price Summary

Union Bank of India's stock, on 2026-02-02 opened at 169.37, climbed to a high of 172.08, dropped to a low of 165.11, and closed up 1.04% at 171.13, with 13991050 shares traded.
In the past year, the highest stock price was 181.93, and the lowest was 109.01.
14 analysts forecast that the price of UNIONBANK will range from 140.0 to 180.0, with an average expected price near 158.85715.

Technicals

Support and Resistance: The price sits at 171.13, supported by 155.4 and resisted by 175.21. This indicates a trading range where 155.4 provides a floor, preventing declines, and 175.21 acts as a ceiling, limiting further price increases for UNIONBANK.
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Support/Resistance for UNIONBANK


Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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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.
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Bolinger Bands chart for Union Bank of India


Parabolic SAR: The PSAR has recently moved from bullish to bearish, indicating a possible market decline. If this reversal aligns with other market trends, it could be a very bearish signal for UNIONBANK. Investors should be vigilant and look for additional confirmation before making decisions.
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Parabolic Stop and Reverse chart for Union Bank of India


Stochastic: The STOCHASTIC is currently in a neutral position for Union Bank of India, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Stochastic chart for Union Bank of India


Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that the bearish momentum is starting to weaken for Union Bank of India. This could be an early sign of a potential bullish reversal, as the market's downward trend loses strength, possibly leading to a shift towards more positive price action.
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Tripple SMA chart for Union Bank of India


When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.