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(UnionBank) Union Bank complete technical analysis [charts+indicators] | Buy/Sell Union Bank | (UnionBank) share price targets

Complete technical analysis of Union Bank (UnionBank) by charts plus indicators, forecast predictions and share price targets for Union Bank (UnionBank)

10 day averaged volume of Union Bank is 869168

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 141.70 149.75 149.80 140.80 1.122 times
06 Mon May 2024 147.65 154.65 154.65 144.95 0.831 times
03 Fri May 2024 152.40 155.35 155.95 149.45 1.001 times
02 Thu May 2024 154.65 154.75 155.70 153.75 0.73 times
30 Tue Apr 2024 154.25 157.00 157.15 153.35 1.206 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 144.5, but if it comes above 144.5, then a intra day buy could be more profitable.
If you take a sell trade below 144.5, then use 144.5 as stoploss and 138.4 as target. However if you take a buy trade in stock , then use 144.5 as stoploss and 149.6 as target.

Share price targets for Union Bank (UnionBank)

Target Type Value
Downside Target 119.10
Downside Target 132.60
Downside Target 137.75
Upside Target 153.25
Upside Target 154.65
Upside Target 155.30
Upside Target 155.95
Upside Target 157.15
Upside Target 159.45
Upside Target 161.85
Upside Target 163.15

Intraday share price targets for Union Bank (UnionBank)

Target Type Value
Downside Intraday Target 136.78
Downside Intraday Target 131.87
Upside Intraday Target 150.63
Upside Intraday Target 159.57
Upside Intraday Target 145.72

Weekly technical analysis of Union Bank (UnionBank)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 141.70 154.65 154.65 140.80 0.45 times
03 Fri May 2024 152.40 152.30 157.15 149.45 0.749 times
26 Fri Apr 2024 150.85 142.90 153.25 142.65 1.501 times
19 Fri Apr 2024 140.85 145.05 147.20 138.05 0.74 times
12 Fri Apr 2024 149.15 159.20 159.45 148.70 1.293 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Union Bank (UnionBank)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 141.70 154.75 155.95 140.80 0.171 times
30 Tue Apr 2024 154.25 154.25 163.15 138.05 0.685 times
28 Thu Mar 2024 153.45 147.45 161.85 137.75 0.541 times
29 Thu Feb 2024 145.65 140.90 155.30 132.60 0.933 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Union Bank (UnionBank)

Indicator Name Indicator Value Indicator Signal
ADX 18, 30, 25 Sell
MACD 1, 1Sell
Stochastics 38None
CCI -145Sell
RSI 44Sell
OBV -4445607Sell
VWAP 151Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Union Bank ( (UnionBank) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Union Bank ( (UnionBank) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Union Bank ( (UnionBank) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Union Bank ( (UnionBank) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Union Bank stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Union Bank in short term but the sell signal is initial and weak.

Union Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Union Bank in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Union Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 150.54 and Union Bank (UnionBank) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Union Bank (UnionBank) stock. Volume based technical analysis of Union Bank (UnionBank) stock is negative.

Union Bank Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Union Bank charts

Click here for further forecast and predictions for tomorrow

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