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Technicals for Union Bank of India
By MusingTheNews
2025-12-15 21:01
Overall Technical outlook
Price Summary
On 2025-12-15, UNIONBANK's stock opened at 152.74, reached a peak of 154.13, dropped to 151.1, and ended 0.6% higher at 153.65, with a volume of 7964426 shares. The top price for the stock in the last 52 weeks is 156.29, with the bottom price being 101.25. 14 analysts estimate that the future price of UNIONBANK will fall between 140.0 and 180.0, with an average price expectation of approximately 158.85715.
Technicals
Support and Resistance: At 153.65, the price is supported by 153.39 and resisted by 153.39. This indicates that the price for Union Bank of India might fluctuate between these levels, with 153.39 acting as a support and 153.39 limiting further upward movement. 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 showing a neutral stance, not indicating a clear upward or downward trend for Union Bank of India. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Union Bank of India
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. Parabolic Stop and Reverse chart for Union Bank of India
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Union Bank of India
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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. Tripple SMA chart for Union Bank of India
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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