CUB - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 4.1

Here’s a detailed technical analysis of CUB (City Union Bank Ltd.)

📊 Trend Overview

Current Price: ₹214 is above both 50-DMA (₹205) and 200-DMA (₹183) — confirming a strong uptrend.

RSI (55.2): In the bullish zone, indicating positive momentum without being overbought.

MACD (0.96): Positive and rising, suggesting bullish crossover and momentum continuation.

Volume: Significantly above average (≈80 lakh vs 28.5 lakh), showing strong participation and accumulation.

📌 Conclusion: The stock is trending upward with bullish momentum and volume support.

📈 Chart Patterns & Indicators

Bollinger Bands: Price is near the upper band, indicating strong momentum but also caution for short-term pullback.

Candlestick Patterns: Recent bullish engulfing and long white candles suggest buying strength.

Support Levels

₹205 (50-DMA)

₹198 – ₹202 (Fibonacci zone)

₹183 (200-DMA)

Resistance Levels

₹218 – ₹222 (recent swing highs)

₹233 (52-week high)

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Buy Entry 205 – 210 Near 50-DMA, strong support zone

Target 1 218 – 222 Resistance zone

Target 2 230 – 233 52-week high zone

Stop Loss 198 Below key support and psychological level

🔍 Momentum Signals

Short-Term: Bullish, supported by RSI, MACD, and volume surge.

Medium-Term: Strong trend above key moving averages.

Long-Term: Fundamentals are stable — decent ROE (12.6%), improving PAT, and low PEG (0.98) suggest value with upside potential.

🧭 Final Take

CUB is trending with bullish momentum and strong volume confirmation. A breakout above ₹222 with sustained volume could lead to a retest of ₹233 and possibly higher. Accumulation near ₹205–₹210 offers a favorable risk-reward setup for swing traders.

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