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Technicals for Union Bank of India
By MusingTheNews
2025-10-17 21:00
Overall Technical outlook
Price Summary
On 2025-10-17, UNIONBANK's stock opened at 138.81, reached a peak of 139.08, dropped to 135.8, and ended -1.53% lower at 136.69, with a volume of 7581149 shares. The stock's highest price over the 52-week span is 155.39, while the lowest price is 101.25. 12 analysts forecast that the price of UNIONBANK will range from 130.0 to 170.0, with an average expected price near 154.0.
Technicals
Support and Resistance: At 136.69, the price is supported by 134.93 and resisted by 141.09. This indicates that the price for Union Bank of India might fluctuate between these levels, with 134.93 acting as a support and 141.09 limiting further upward movement. Support/Resistance for UNIONBANK
Aroon: The AROON 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. Aroon chart for Union Bank of India
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for Union Bank of India
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for UNIONBANK. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Union Bank of India
Stochastic: The current reading of the STOCHASTIC is neutral for UNIONBANK, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Stochastic chart for Union Bank of India
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for UNIONBANK, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for Union Bank of India
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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