CUB - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.0

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

📊 Trend Overview

Current Trend: Trending upward with mild consolidation

Price is above both 50 DMA (₹205) and 200 DMA (₹189), confirming a bullish structure.

RSI at 54.2 is neutral-to-bullish, suggesting steady momentum.

MACD at -0.94 is slightly negative, indicating a short-term pause or consolidation.

📈 Technical Indicators

Moving Averages

Price (₹208) > 50 DMA (₹205) > 200 DMA (₹189): Bullish alignment

RSI (54.2)

Neutral zone, leaning bullish. No overbought signal yet.

MACD (-0.94)

Mild bearish crossover. Momentum slowing but not reversing.

Bollinger Bands

Price near middle band, indicating low volatility and consolidation.

Volume Trends

Current volume (34.7L) > 1-week average (27.3L): Accumulation phase

Suggests renewed interest and potential breakout setup.

🔍 Short-Term Momentum Signals

Mild Bullish Bias

Price action above key moving averages supports trend continuation.

RSI and volume indicate steady accumulation.

MACD weakness suggests caution on short-term entries.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 205 50 DMA, short-term base

Support 2 195 Previous swing low

Resistance 1 215 Minor psychological barrier

Resistance 2 225 Recent swing high

Resistance 3 233 52-week high

🎯 Entry & Exit Zones

Optimal Entry: ₹202–₹208 (on dips near 50 DMA)

Exit Zone: ₹225–₹233 (partial profit booking)

Aggressive Target: ₹245+ if breakout above 52-week high sustains

🧭 Summary

Trend: Bullish with mild consolidation

Momentum: Stable, supported by volume and moving averages

Outlook: Favorable for swing trades; watch MACD for momentum confirmation

Valuation: Reasonable P/E (13.2) vs industry (12.6), strong EPS (₹15.7), improving DII sentiment

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