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Technicals for City Union Bank Limited
By MusingTheNews
2025-06-13 20:29
Overall Technical outlook
Price Summary
A -2.84% decrease in City Union Bank Limited's stock marked an awful day on the market. On 2025-06-12, City Union Bank Limited's stock opened at 200.88, reached a high of 202.92, dropped to a low of 194.5, and closed down -2.84% at 195.18, with a trading volume of 1157533 shares. In the last 52 weeks, the stock's top price was 206.27 and the bottom price was 146.4. 22 analysts predict that the future price of CUB will be in the range of 167.0 to 235.0, with a mean expected price of about 206.95454.
Technicals
Support and Resistance: The price for CUB at 195.18 finds support at 194.37 and resistance at 202.28. This suggests a trading range, where 194.37 serves as a support level and 202.28 acts as a resistance point, potentially capping further gains. Support/Resistance for CUB
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for City Union Bank Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for City Union Bank Limited
Parabolic SAR: The PSAR remains bearish for City Union Bank Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise. Parabolic Stop and Reverse chart for City Union Bank Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for City Union Bank Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening of momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend weakens for City Union Bank Limited. Tripple SMA chart for City Union Bank Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can 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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