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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
170.50
2.10(1.25%)
Indian Market opens in 19h 18m

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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 neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 51.48)
Trend Strength:Weak (ADX: 18.26)
Volatility:Medium (ATR: 5.45)
Support/Resistance:$156.22 – $180.77 (Bollinger Bands)

Technical conditions suggest Union Bank of India on the NSE is awaiting a decisive move. This mix signals that Union Bank of India is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 51.48

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 63.11

Bullish
Buying momentum building without extremes.

Williams %R: -34.36

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 5.85

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 0.61

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.26

Weak
Weak trend, market trading sideways.

ATR (14): 5.45

High
High volatility, wide price fluctuations.

CCI (14): 23.17

Bullish
Bullish, momentum building upward.

Takeaway:Union Bank of India shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$180.77
Middle Band (SMA 20)
$168.49
Lower Band
$156.22
Current Position
Within Bands

Takeaway:Union Bank of India trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$180.48
Middle Line (EMA 20)
$169.58
Lower Channel
$158.68
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 Volume-65.99M
Money Flow Index77.87Bullish, inflows support continued momentum.
Relative Vigor Index55.98Neutral 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.

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:Technical indicators for Union Bank of India are mixed, suggesting a Hold or wait-and-see approach.

(NSE: UNIONBANK.NS) Technical Analysis FAQ