Overall Technical outlook

Price Summary

Union Bank of India's stock tumbled -2.79% today, marking a mediocre performance in the market.
On 2025-04-25, Union Bank of India's stock began at 128.52, peaked at 129.45, bottomed at 122.78, and closed -2.79% down at 124.94, with a volume of 13487786 shares.
The stock's highest price over the 52-week span is 170.0, while the lowest price is 101.25.
The projected price range for Union Bank of India is between 120.0 and 160.0, with an expected mean price of 142.90909, according to 11 analysts.

Technicals

Support and Resistance: At 124.94, the price is supported at 116.68 and faces resistance at 131.29. This range suggests that the price for UNIONBANK might stay between these levels, with 116.68 acting as a floor and 131.29 as a ceiling.
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Support/Resistance for UNIONBANK


Aroon: The AROON is in a neutral stance for UNIONBANK, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Aroon chart for Union Bank of India


Bol. Bands: The current reading of the BOLL BANDS 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.
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Bolinger Bands chart for Union Bank of India


Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors.
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Parabolic Stop and Reverse chart for Union Bank of India


Stochastic: The STOCHASTIC 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.
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Stochastic chart for Union Bank of India


Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that this bearish momentum might be fading. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move.
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Tripple SMA chart for Union Bank of India


Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.