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Union Bank of India

UNIONBANK.NS Technical Analysis Summary (NSE)

Analyze UNIONBANK.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

UNIONBANK.NSNSE
Financial ServicesBanks - Regional
183.45
1.23(0.67%)
Indian Market opens in 28h 50m

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

UNIONBANK.NS Technical Analysis Summary (NSE)

Union Bank of India (NSE: UNIONBANK.NS) stock currently shows a bullish trend on the NSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 57.67)
Trend Strength:Strong (ADX: 33.68)
Volatility:Medium (ATR: 4.57)
Support/Resistance:$166.06 – $193.43 (Bollinger Bands)

Technical conditions suggest Union Bank of India on the NSE is awaiting a decisive move. Overall, Union Bank of India remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 57.67

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 70.74

Bullish
Buying momentum building without extremes.

Williams %R: -39.31

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 5.43

Strongly Bullish
Strong upside momentum.

Takeaway:Union Bank of India shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 4.12

Bullish
Bullish, trend momentum is strengthening.

ADX: 33.68

Strong
Strong trend, momentum well established.

ATR (14): 4.57

Medium
Medium volatility, healthy price movement.

CCI (14): 5.10

Neutral
Neutral, no strong directional signal.

Takeaway:Union Bank of India shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$193.43
Middle Band (SMA 20)
$179.75
Lower Band
$166.06
Current Position
Within Bands

Takeaway:Union Bank of India trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$190.13
Middle Line (EMA 20)
$181.00
Lower Channel
$171.86
Squeeze Status
No Squeeze

Takeaway:Union Bank of India trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume143.44M
Money Flow Index77.45Bullish, inflows support continued momentum.
Relative Vigor Index55.00Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:UNIONBANK.NS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Union Bank of India (NSE: UNIONBANK.NS), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Union Bank of India stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(NSE: UNIONBANK.NS) Technical Analysis FAQ