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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 18332848

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 139.15 140.70 141.15 139.00 0.626 times
16 Thu May 2024 140.70 139.80 143.35 138.85 0.884 times
15 Wed May 2024 138.95 135.10 140.60 134.80 1.044 times
14 Tue May 2024 133.65 137.85 137.95 133.40 0.939 times
13 Mon May 2024 136.40 138.95 139.40 130.35 1.836 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 139.2, but if it comes above 139.2, then a intra day buy could be more profitable.
If you take a sell trade below 139.2, then use 139.2 as stoploss and 131.5 as target. However if you take a buy trade in stock , then use 139.2 as stoploss and 145.54 as target.

Share price targets for Union Bank (UNIONBANK)

Target Type Value
Downside Target 119.10
Downside Target 130.35
Downside Target 137.55
Upside Target 142.70
Upside Target 149.45
Upside Target 153.30
Upside Target 154.20
Upside Target 155.35
Upside Target 156.00
Upside Target 157.00
Upside Target 161.90
Upside Target 163.20

Intraday share price targets for Union Bank (UNIONBANK)

Target Type Value
Downside Intraday Target 131.88
Downside Intraday Target 124.62
Upside Intraday Target 144.88
Upside Intraday Target 150.62
Downside Intraday Target 137.62

Weekly technical analysis of Union Bank (UNIONBANK)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 139.15 138.95 143.35 130.35 1.141 times
10 Fri May 2024 142.00 154.00 154.20 137.55 1.388 times
03 Fri May 2024 152.50 152.00 157.00 149.45 0.71 times
26 Fri Apr 2024 150.90 142.70 153.30 142.70 1.578 times
19 Fri Apr 2024 140.70 145.00 147.20 138.10 0.825 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
17 Fri May 2024 139.15 155.00 156.00 130.35 0.651 times
30 Tue Apr 2024 154.20 154.50 163.20 138.10 0.836 times
28 Thu Mar 2024 153.50 146.95 161.90 137.70 0.46 times
29 Thu Feb 2024 146.30 140.90 155.35 132.60 1.799 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 17, 25, 18 Sell
MACD -5, -3Sell
Stochastics 37None
CCI -27Sell
RSI 48Sell
OBV -55157258Sell
VWAP 140Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Union Bank ( (UNIONBANK) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 to mid 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 mid to longer 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.

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

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

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 weakening, and bulls are picking up momentum!

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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 140.29 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.

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