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CUB NEWS why is City Union Bank Limited price falling or rising

CUB NEWS reasons for why stock price of City Union Bank Limited is falling or rising

CUB City Union is falling or rising technical reasons

Technical analysis forecast for City Union Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT City Union CUB at this time. Stock is falling and might fall more.

It appears as if City Union CUB gave a large move recently.

Stock of City Union (CUB) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of City Union is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if City Union stays below 125.2, but if it comes above 125.2, then a intra day buy could be more profitable.
If you take a sell trade below 125.2, then use 125.2 as stoploss and 117.2 as target. However if you take a buy trade in City Union, then use 125.2 as stoploss and 131.83 as target.

CUB City Union is falling or rising NEWS fundamental reasons

Company Announcement City Union Bank Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2023-03-27

Company Announcement City Union Bank Limited has informed the Exchange regarding Allotment of 302859 Shares. - NEWS as on 2023-03-08

Company Announcement City Union Bank Limited has informed the Exchange about Schedule of meet - NEWS as on 2023-02-20

More announcements and NEWS

CUB City Union Bank Limited current price & indicator signals

Moving Averages for City Union Bank Limited

  • 5Day Average: 125.41
  • 12Day Average: 128.67
  • 20Day Average: 133.47
  • 50Day Average: 143.28
  • 100Day Average: 163.93
  • 150Day Average: 169.73
  • 200Day Average: 165.01

CUB Indicators & signals

Indicator MACD (12,26,9)

128.44, 134.22, -5.29
Indicator MACD is in negative zone

Indicator ADX (14)

60.66, 8.67, 35.42
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 41
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CUB City Union Bank Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
28 Tue Mar 2023 120.90 120.40 to 124.90 -2.66% 1 times
27 Mon Mar 2023 124.20 121.80 to 126.50 -0.56% 0.8 times
24 Fri Mar 2023 124.90 124.35 to 128.35 -2.27% 0.96 times
23 Thu Mar 2023 127.80 127.40 to 129.50 -1.12% 0.33 times
22 Wed Mar 2023 129.25 127.85 to 130.45 0.7% 0.33 times
21 Tue Mar 2023 128.35 127.00 to 129.10 0.94% 0.84 times
20 Mon Mar 2023 127.15 126.45 to 131.80 -2.42% 0.81 times
17 Fri Mar 2023 130.30 129.00 to 132.50 0.15% 0.69 times
16 Thu Mar 2023 130.10 127.75 to 133.10 -1.77% 2.28 times
15 Wed Mar 2023 132.45 131.85 to 137.00 -1.38% 1.41 times
14 Tue Mar 2023 134.30 132.25 to 137.20 -0.04% 1.56 times
13 Mon Mar 2023 134.35 133.75 to 138.40 -2.68% 2.13 times

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