UBL - BEARISH MOVE EXPECTEDUBL made its double top , bearish move is expected in coming days, short entry recommended in UBL
Next report date
Report period
Q2 2024
EPS estimate
—
Revenue estimate
—
46.48PKR
55.15 BPKR
558.68 BPKR
495.80 M
About UNITED BANK LTD
Sector
Industry
CEO
Muhammad Jawaid Iqbal
Website
Headquarters
Karachi
Employees (FY)
14.97 K
Founded
1959
ISIN
PK0081901016
FIGI
BBG000HJ1QG3
United Bank Ltd. engages in the provision of commercial banking and related services. It operates through the following segments: Corporate and Commercial Banking, Treasury, Branch Banking, Islamic Banking, International Branch Operations, and Others. The Corporate and Commercial Banking segment includes project, trade and working capital finance, import and export, factoring, leasing, lending, deposits and guarantees. The Treasury segment is composed of fixed income, equity, foreign exchange, credit, funding, own position securities, lending and borrowings and derivatives for hedging and market making. The Branch Banking segment is involved in deposits, lending and banking services to private individuals and small businesses including credit cards and branchless banking. The Islamic Banking segment represents branch operations of Islamic banking window of the Bank. The International Branch Operations segment refers to the bank's operations in 5 countries including two branches in export processing zones in Karachi and Sialkot. The Others segment provides functions which cannot be classified in any of the above segments. The company was founded by Anwar M. Pervez on November 7, 1959 and is headquartered in Karachi, Pakistan.
Ubl small bull move expectedUbl on monthly chart is in a tight bull breakout no pull backs on weekly it is on the top of a trading range and on daily also on the top of a trading range and range is almost after 20 bars before the range market was on a tight bull chanbel expecting a move up.
UBL🚀 Stock Alert: UBL
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Entry Range: 184
🎯 First Targets : 190
🎯 Second Targets : 200
⚠ Stop Loss: 175
⏳ Nature of Trade: Short Term (Scalping)
📉 Risk Level: Medium
☪ Shariah Compliant: NO
💰 Dividend Paying: YES
📰 Technical View: Establishing bul
UBL continues upward momentumAfter the break of bullish flag pattern, UBL is testing its resistance level of 149. Next resistance is at 154.50 with the stop loss level below 142.
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Frequently Asked Questions
The current price of UBL is 194.22 PKR — it has increased by 1.13% in the past 24 hours. Watch UNITED BANK LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange UNITED BANK LTD stocks are traded under the ticker UBL.
UNITED BANK LTD is going to release the next earnings report on Aug 7, 2024. Keep track of upcoming events with our Earnings Calendar.
UBL stock is 1.59% volatile and has beta coefficient of 0.91. Track UNITED BANK LTD stock price on the chart and check out the list of the most volatile stocks — is UNITED BANK LTD there?
UBL earnings for the last quarter are 10.53 PKR per share, whereas the estimation was 11.91 PKR resulting in a −11.56% surprise. The estimated earnings for the next quarter are 10.81 PKR per share. See more details about UNITED BANK LTD earnings.
UNITED BANK LTD revenue for the last quarter amounts to 33.49 B PKR despite the estimated figure of 29.68 B PKR. In the next quarter revenue is expected to reach 37.40 B PKR.
Yes, you can track UNITED BANK LTD financials in yearly and quarterly reports right on TradingView.
UBL stock has fallen by 3.07% compared to the previous week, the month change is a 6.72% rise, over the last year UNITED BANK LTD has showed a 50.57% increase.
UBL net income for the last quarter is 15.98 B PKR, while the quarter before that showed 13.46 B PKR of net income which accounts for 18.66% change. Track more UNITED BANK LTD financial stats to get the full picture.
Today UNITED BANK LTD has the market capitalization of 237.76 B, it has increased by 5.58% over the last week.
UNITED BANK LTD dividend yield was 24.74% in 2023, and payout ratio reached 97.68%. The year before the numbers were 21.84% and 85.40% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, UBL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade UNITED BANK LTD stock right from TradingView charts — choose your broker and connect to your account.
As of May 4, 2024, the company has 14.97 K employees. See our rating of the largest employees — is UNITED BANK LTD on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So UNITED BANK LTD technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating UNITED BANK LTD stock shows the buy signal. See more of UNITED BANK LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on UNITED BANK LTD future price: according to them, UBL price has a max estimate of 218.00 PKR and a min estimate of 218.00 PKR. Watch UBL chart and read a more detailed UNITED BANK LTD stock forecast: see what analysts think of UNITED BANK LTD and suggest that you do with its stocks.