Union Bank of Taiwan (2838.TW) Technical Analysis

As of 2026-07-22, 2838.TW last traded at 20.25 TWD (-1.22% on the day) and is in a range on the daily timeframe — moving averages not aligned / flat. Nearest levels: 19.975 TWD support below, 20.267 TWD resistance above. 14-day RSI is 32.6 (bearish).

Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ

Is 2838.TW in an uptrend or downtrend?

Union Bank of Taiwan is in a range — moving averages not aligned / flat.

Last close20.25 TWD (-1.22%)
20-day average22.38 TWD
50-day average21.565 TWD
200-day average20.002 TWD

Key support and resistance levels for 2838.TW

Derived from swing pivots over the last 200 sessions:

LevelTypeStrengthTouches
20.267 TWDResistanceStrong3
20.5 TWDResistanceMinor1
20.85 TWDResistanceMinor1
LevelTypeStrengthTouches
19.975 TWDSupportStrong4
19.55 TWDSupportMinor1
19.163 TWDSupportStrong4

2838.TW 52-week range, momentum and volatility

52-week high24.9 TWD (18.7% below)
52-week low16.4 TWD (23.5% above)
14-day RSI32.6 (Bearish)
14-day ATR0.796 TWD (3.93% of price, High volatility)

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Frequently asked questions

Is Union Bank of Taiwan (2838.TW) in an uptrend or downtrend?

As of 2026-07-22, 2838.TW is in a range on the daily timeframe — moving averages not aligned / flat. Last close 20.25 TWD vs 50-day average 21.565 TWD and 200-day average 20.002 TWD.

What are the key support and resistance levels for 2838.TW?

Nearest support is around 19.975 TWD (strong, 4 touches). Nearest resistance is around 20.267 TWD (strong). Levels are derived from swing pivots over the last ~200 sessions.

What is 2838.TW's 52-week high and low?

Over the last 52 weeks, 2838.TW traded between 16.4 TWD and 24.9 TWD. It is currently 18.7% below its 52-week high.

Is 2838.TW overbought or oversold?

The 14-day RSI is 32.6 — in a neutral 30–70 range. Momentum reads as bearish.

How volatile is 2838.TW?

Its 14-day Average True Range is 0.796 (3.93% of price) — high volatility relative to price.