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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: 149.92
  • 12Day Average: 148.35
  • 20Day Average: 149.65
  • 50Day Average: 145.44
  • 100Day Average: 130.89
  • 150Day Average: 119.81
  • 200Day Average: 110.42

UNIONBANK Indicators & signals

Indicator MACD (12,26,9)

149.57, 147.91, 1.73
Indicator MACD is in positive zone

Indicator ADX (14)

18.49, 25.36, 17.45
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 46
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
28 Thu Mar 2024 153.50 151.25 to 154.20 1.52% 0.67 times
27 Wed Mar 2024 151.20 148.70 to 151.95 0.8% 0.72 times
26 Tue Mar 2024 150.00 146.70 to 150.85 1.28% 0.62 times
22 Fri Mar 2024 148.10 147.60 to 150.85 0.89% 1.09 times
21 Thu Mar 2024 146.80 146.15 to 149.25 1.49% 0.6 times
20 Wed Mar 2024 144.65 143.80 to 150.30 -3.02% 0.89 times
19 Tue Mar 2024 149.15 148.15 to 155.35 -2.68% 0.79 times
18 Mon Mar 2024 153.25 146.40 to 154.00 3.55% 1.01 times
15 Fri Mar 2024 148.00 137.70 to 150.50 3.03% 1.48 times
14 Thu Mar 2024 143.65 138.10 to 144.45 1.48% 1.18 times
13 Wed Mar 2024 141.55 139.50 to 153.00 -5.88% 1.63 times
12 Tue Mar 2024 150.40 148.00 to 155.45 -2.18% 1.33 times

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

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

Stock of Union Bank of India (UNIONBANK) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Union Bank of India is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Union Bank of India stays above 153, but if it comes below 153, then a intra day sell could be more profitable.
If you take a sell trade below 153, then use 153 as stoploss and 148.72 as target. However if you take a buy trade in Union Bank of India, then use 153 as stoploss and 158.2 as target.

More indepth analysis on MunafaSutra.com