UJJIVANSFB Price action analysis

Ujjivan Small Finance Bank Ltd (UJJIVANSFB) is currently trading at 32.35 INR, showing a decrease of 0.59% from its previous close of 32.54 INR[3]. The stock has experienced significant volatility and downward pressure in recent periods:

## Short-term Performance

- In the past 24 hours, UJJIVANSFB has seen a slight increase of 1.13%.
- Over the past week, the stock has fallen by 5.22%.
- The monthly performance shows a decline of 6.91%.

## Long-term Trend

- UJJIVANSFB has demonstrated a substantial decrease of 41.16% over the past year.
- Despite this recent downtrend, the stock has provided a 3-year return of 90.86%, outperforming the Nifty Midcap 100 index which returned 78.49% during the same period.

## Technical Indicators

- The stock is currently trading at its lowest valuation over the past 5 years.
- A bearish stochastic crossover signal appeared on the weekly chart on February 21, 2025. Historically, this signal has been followed by an average price decline of 7.58% within 7 weeks.
- On the daily chart, a bullish Heikin-Ashi candle changeover was observed, indicating a potential short-term reversal.

## Price Targets and Valuation

- Wall Street analysts have set an average 1-year price target of 48.52 INR, with a low forecast of 36.36 INR and a high forecast of 66.15 INR.
- The intrinsic value calculation suggests a base case value of 70.15 INR, indicating that the stock may be undervalued by 54% compared to its current market price.

## Key Levels to Watch

- Support level: 35 INR
- Resistance level: 45 INR
- A breakout above 45 INR with significant volume could signal a potential reversal or move towards higher resistance levels.

While the stock has faced significant downward pressure, some technical indicators and analyst forecasts suggest potential for upside. Investors should closely monitor key support and resistance levels for signs of trend reversal or continuation.