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Technicals for City Union Bank Limited
By MusingTheNews
2025-10-17 20:29
Overall Technical outlook
Price Summary
On 2025-10-17, City Union Bank Limited's shares started at 219.95, peaked at 222.3, bottomed out at 218.26, and ended -0.3% lower at 219.29, with 684204 shares traded. The peak price for the stock in the past 52 weeks is 230.51, with the lowest price being 146.4. 22 analysts estimate that the future price of CUB will fall between 190.0 and 280.0, with an average price expectation of approximately 240.13635.
Technicals
Support and Resistance: At 219.29, the price is supported at 213.86 and faces resistance at 221.44. This range suggests that the price for CUB might stay between these levels, with 213.86 acting as a floor and 221.44 as a ceiling. Support/Resistance for CUB
Aroon: The current state of the AROON is neutral for CUB, 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 City Union Bank Limited
Bol. Bands: The BOLL BANDS 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 CUB, with no strong trend emerging. Bolinger Bands chart for City Union Bank Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for CUB. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for City Union Bank Limited
Stochastic: The stochastic indicator shows a bullish trend for CUB, with the K-line positioned above the D-line and surpassing the 80 level. This setup indicates strong upward momentum, suggesting that the market may continue its positive trajectory. Traders might view this as a sign of ongoing strength in the market. Stochastic chart for City Union Bank Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum is weakening. This could be an early sign that the market is preparing for a bullish reversal, as the current downward trend begins to lose steam. Investors may soon see a shift towards more positive price action as the trend starts to change. Tripple SMA chart for City Union Bank Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to 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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