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Stock analysis Union Bank of India UNIONBANK

More indepth analysis on MunafaSutra.com

Moving Averages for Union Bank of India

  • 5Day Average: 144.2
  • 12Day Average: 151
  • 20Day Average: 150.61
  • 50Day Average: 148.23
  • 100Day Average: 136.64
  • 150Day Average: 125.25
  • 200Day Average: 115.67

UNIONBANK Indicators & signals

Indicator MACD (12,26,9)

147.94, 149.04, 0.8
Indicator MACD is in negative zone

Indicator ADX (14)

20.97, 19.29, 29.53
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of UNIONBANK Union Bank of India are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 140.70 138.10 to 141.75 -1.3% 1.08 times
18 Thu Apr 2024 142.55 141.35 to 146.90 -0.49% 0.76 times
16 Tue Apr 2024 143.25 142.85 to 146.50 -1.41% 0.76 times
15 Mon Apr 2024 145.30 143.40 to 147.20 -2.61% 0.98 times
12 Fri Apr 2024 149.20 149.00 to 153.35 -1.13% 1.04 times
10 Wed Apr 2024 150.90 149.85 to 152.20 -0.36% 1.16 times
09 Tue Apr 2024 151.45 151.00 to 156.50 -2.29% 0.98 times
08 Mon Apr 2024 155.00 154.10 to 159.40 -3.25% 1.14 times
05 Fri Apr 2024 160.20 158.10 to 163.20 0.69% 1.25 times
04 Thu Apr 2024 159.10 157.10 to 160.15 1.02% 1.02 times
03 Wed Apr 2024 157.50 155.00 to 158.20 0.45% 0.9 times
02 Tue Apr 2024 156.80 155.60 to 158.20 0.03% 0.56 times

Technical analysis forecast for Union Bank of India Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Union Bank of India UNIONBANK at this time. Stock is falling and might fall more.

It appears as if Union Bank of India UNIONBANK gave a large move recently.

Stock of Union Bank of India (UNIONBANK) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Union Bank of India is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Union Bank of India stays below 143.5, but if it comes above 143.5, then a intra day buy could be more profitable.
If you take a sell trade below 143.5, then use 143.5 as stoploss and 136.8 as target. However if you take a buy trade in Union Bank of India, then use 143.5 as stoploss and 149.04 as target.

More indepth analysis on MunafaSutra.com