Long Term Trend: Strong
AI Indicator Strength: 65.0%
StockUNIONBANK
Current Price₹183.60
Short Term Trend
Consolidating Sideways
Trend: Strong
¼ Long Term Trend Structure
- Price above EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Neutral-Bearish
📊 Momentum (RSI)
- RSI: 57.85
- Mild negative bias
MACD: Weak Bullish
¼ MACD Observation
- Weak positive MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Neutral-Bearish
- Trend → Strong
📊 UNIONBANK Stock Strength & Risk Analysis
✅ Positive Factors
- Consistent higher highs affirm structural bull dominance.
- Relative Strength is perfectly balanced at 57.85.
❌ Risk Factors
- Short-term momentum shows mild cooling, but the primary trend remains strictly bullish.
📌 Market Outlook
Choppy sideways action is expected until a definitive range breakout occurs.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹162.51
₹160.88
₹159.26
🔴 Resistance Zones
₹190.58
₹192.49
₹194.39
UNIONBANK Price Action: The nearest structural support is quite distant at ₹162.51 (over 10% away). In the short term, traders should watch the EMA20 at ₹180.91 as a dynamic support level. On the upside, the primary hurdle for an upward rally is positioned at ₹190.58.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 73.48 |
| 38.2% | 98.71 |
| 50.0% | 119.10 |
| 61.8% | 139.48 |
| 78.6% | 168.51 |
Structural Pullbacks: With UNIONBANK trading in the upper half of its 52-week range, upper support floors like the 23.6% level at ₹73.48 act as immediate breakout retest zones. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where UNIONBANK might find fresh buying interest.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 184.79 | SMA5 | 185.67 |
| EMA9 | 184.29 | SMA9 | 185.75 |
| EMA20 | 180.91 | SMA20 | 179.69 |
| EMA50 | 175.94 | SMA50 | 174.05 |
| EMA100 | 173.23 | SMA100 | 172.55 |
| EMA200 | 167.40 | SMA200 | 170.40 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Neutral-Bearish: -1 🔴
🔴
• Price > EMA20 (Short-term Bullish): +1 🟢
🟢
• EMA20 > EMA50 (Medium Uptrend): +1 🟢
🟢
• Price > EMA200 (Long-term Bullish): +1 🟢
🟢
• MACD Weak Bullish: +1 🟢
🟢
• Total Score: 3
🔴
• Confidence Score: 65.00%
🔴
Total Score: 3
Technical Indicator Strength: 65.0%
- Strong alignment in behavior
- AI Confidence Score: 65.0%
👉 Market appears neutral
📊 MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-07-15 |
Bullish |
172.38 |
175.05 |
175.09 |
168.05 |
0.02% |
4.00 |
179.40 |
166.25% |
4.07 |
3.56 |
22.12 45.47 Success |
| 2026-07-03 |
Bearish |
163.09 |
163.20 |
163.75 |
160.77 |
1.49% |
0.34 |
165.50 |
153.50% |
5.88 |
1.48 |
65.21 70.94 Success |
| 2026-05-25 |
Bullish |
168.87 |
170.96 |
170.96 |
166.24 |
0.00% |
2.76 |
171.79 |
161.95% |
1.73 |
4.10 |
62.34 51.13 No Trade |
| 2026-04-24 |
Bearish |
177.00 |
177.20 |
178.80 |
175.36 |
1.04% |
0.90 |
178.80 |
162.61% |
8.13 |
1.02 |
3.46 49.74 Success |
| 2026-04-08 |
Bullish |
185.66 |
185.97 |
188.90 |
183.66 |
1.58% |
1.24 |
191.46 |
178.81% |
3.12 |
3.69 |
58.57 61.75 Success |
| 2026-03-04 |
Bearish |
191.13 |
193.03 |
195.40 |
188.80 |
2.19% |
1.23 |
195.40 |
175.50% |
8.18 |
2.23 |
2.37 53.98 Success |
| 2026-02-17 |
Bullish |
188.89 |
190.00 |
193.99 |
189.00 |
2.10% |
0.53 |
202.24 |
188.50% |
7.07 |
0.21 |
16.05 53.54 Success |
| 2026-02-02 |
Bearish |
171.13 |
179.00 |
183.10 |
172.00 |
3.91% |
2.29 |
183.10 |
171.90% |
-0.45 |
6.99 |
34.96 54.19 Success |
| 2026-01-02 |
Bullish |
156.70 |
158.00 |
162.99 |
157.51 |
3.16% |
0.31 |
167.30 |
157.51% |
6.76 |
-0.52 |
19.67 54.77 Success |
| 2025-11-20 |
Bearish |
153.19 |
153.00 |
153.02 |
149.61 |
2.22% |
0.01 |
157.51 |
149.61% |
2.34 |
2.82 |
14.60 38.79 Success |
| 2025-10-20 |
Bullish |
141.33 |
142.00 |
142.52 |
141.10 |
0.37% |
0.63 |
147.73 |
140.80% |
4.53 |
0.38 |
4.08 29.11 Success |
| 2025-10-17 |
Bearish |
136.69 |
137.69 |
142.80 |
137.49 |
0.15% |
3.71 |
146.20 |
137.49% |
-0.59 |
6.96 |
15.54 30.49 Success |
| 2025-10-15 |
Bullish |
139.44 |
140.00 |
140.75 |
138.00 |
0.54% |
1.43 |
145.00 |
135.80% |
3.99 |
2.61 |
1.92 35.11 Success |
| 2025-10-14 |
Bearish |
137.00 |
137.24 |
140.40 |
137.14 |
0.07% |
2.30 |
142.80 |
135.80% |
0.88 |
4.23 |
3.43 23.09 Success |
| 2025-10-10 |
Bullish |
139.27 |
139.27 |
141.00 |
136.91 |
1.24% |
1.69 |
141.00 |
135.80% |
1.24 |
2.49 |
3.32 23.19 Success |
| 2025-10-08 |
Bearish |
136.02 |
136.65 |
139.35 |
136.15 |
0.37% |
1.98 |
141.00 |
136.15% |
-0.10 |
3.66 |
5.42 17.50 Success |
| 2025-09-10 |
Bullish |
132.51 |
132.95 |
136.48 |
132.55 |
2.66% |
0.30 |
138.45 |
132.50% |
4.48 |
0.01 |
35.04 48.94 Success |
| 2025-08-28 |
Bearish |
127.08 |
127.45 |
128.20 |
124.64 |
2.20% |
0.59 |
130.59 |
124.64% |
1.92 |
2.76 |
14.99 36.32 Success |
| 2025-08-12 |
Bullish |
135.54 |
136.00 |
136.94 |
134.81 |
0.69% |
0.87 |
138.29 |
133.71% |
2.03 |
1.35 |
32.33 32.22 Success |
| 2025-07-08 |
Bearish |
150.25 |
147.85 |
147.85 |
141.54 |
4.27% |
0.00 |
147.98 |
141.54% |
5.80 |
-1.51 |
10.09 47.62 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for UNIONBANK. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.