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Technicals for Union Bank of India
By MusingTheNews
2025-08-15 20:59
Overall Technical outlook
Price Summary
On 2025-08-14, Union Bank of India's stock began at 136.0, climbed to 136.48, dropped to 134.12, and had -0.85% to end at 134.84, with a volume of 5975780 shares. The highest price the stock achieved in the past 52 weeks is 155.39, while the lowest price it saw is 101.25. The price projection is between 130.0 and 170.0, with an average expected price around 154.0, according to 12 analysts.
Technicals
Support and Resistance: The price for UNIONBANK at 134.84 finds support at 131.29 and resistance at 135.54. This suggests a trading range, where 131.29 serves as a support level and 135.54 acts as a resistance point, potentially capping further gains. Support/Resistance for UNIONBANK
Aroon: The AROON 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. Aroon chart for Union Bank of India
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Union Bank of India
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Union Bank of India
Stochastic: The STOCHASTIC 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 UNIONBANK, with no strong trend emerging. Stochastic chart for Union Bank of India
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for Union Bank of India
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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