An in-depth analysis of the current exchange rate dynamics of the Indian...
Technicals for Union Bank of India
By MusingTheNews
2025-09-04 20:45
Overall Technical outlook
Price Summary
Union Bank of India's stock tumbled -2.25% today, marking a lacklustre performance in the market. On 2025-09-04, Union Bank of India's shares started at 129.75, peaked at 130.59, bottomed out at 126.63, and ended -2.25% down at 126.83, with 7508365 shares traded. The stock's highest price in the past 52 weeks is 155.39, while its lowest price during the same period is 101.25. As per recommendations from 12 analysts, UNIONBANK's future price is expected to span between 130.0 and 170.0, with a mean price around 154.0.
Technicals
Support and Resistance: The price for UNIONBANK at 126.83 finds support at 124.82 and resistance at 131.29. This suggests a trading range, where 124.82 serves as a support level and 131.29 acts as a resistance point, potentially capping further gains. Support/Resistance for UNIONBANK
Aroon: The current state of the AROON 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. Aroon chart for Union Bank of India
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for Union Bank of India
Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for UNIONBANK. 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. Stochastic chart for Union Bank of India
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. 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.
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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