UBL - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.3

Here’s a detailed technical analysis of United Breweries Ltd (UBL)

📊 Trend Overview

Current Trend: The stock is in a short-term downtrend, with signs of weak consolidation near its 52-week low.

Price Action: Trading at ₹1,799, below both the 50-DMA (₹1,888) and 200-DMA (₹1,962), indicating persistent bearish pressure.

📈 Momentum Indicators

RSI (35.9): In the lower neutral zone, approaching oversold territory. Indicates weak momentum and limited buying interest.

MACD (-31.3): Deeply negative, confirming bearish sentiment and lack of reversal signals.

Volume: Current volume (1.27 lakh) is below the 1-week average (1.85 lakh), suggesting low conviction and waning interest.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 1,888 Resistance

200-DMA 1,962 Resistance

Current Price 1,799 Below both DMAs

📌 Bollinger Bands

Price is near the lower band, suggesting oversold conditions and potential for a technical bounce.

However, momentum indicators do not yet confirm a reversal.

🧭 Support & Resistance Zones

Immediate Support: ₹1,770–₹1,780 zone

Major Support: ₹1,720–₹1,740 zone

Immediate Resistance: ₹1,850–₹1,880 zone

Major Resistance: ₹1,960–₹2,000, then ₹2,300 (52-week high)

🎯 Entry & Exit Zones

Optimal Entry: ₹1,770–₹1,790 (if price stabilizes and MACD flattens)

Exit Zone: ₹1,880–₹1,960 (first resistance), ₹2,100+ if momentum builds

🔍 Conclusion

UBL is currently reversing from its previous highs and showing signs of weak consolidation near support. RSI and MACD reflect bearish momentum, and price action below key moving averages confirms the downtrend. A bounce from ₹1,770 with volume and MACD flattening could signal a short-term recovery, but until then, caution is warranted.

Let me know if you’d like a comparison with other beverage sector stocks like Radico Khaitan or Varun Beverages!

Edit in a page