UNUM GROUP (NYSE: UNM) momentum breakout alert!

UNUM GROUP (UNM)       38   +0.4 (+1.06%)

After market: 38 0 (0%)


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UNUM GROUP (NYSE: UNM) momentum breakout alert!10 months ago - Chartmill

TRADING IDEA (Momentum Breakout)

Unum Group is engaged in providing financial protection benefits. The company is headquartered in Chattanooga, Tennessee and currently employs 10,100 full-time employees. The firm's segments include Unum US, Unum International and Colonial Life. Read the full profile here.

STRATEGY

Momentum Breakout Setup (Short term)

  1. clean breakout during last trading session (+2.4%)
  2. heavily increased buying volume
  3. closing price higher than $36.93 (latest resistance)

Last earnings: 2022-05-05

Next earnings: 2022-08-01



ACTUAL SETUP

  • Buy Stop | $37.54
  • Limit | $37.63
  • Stoploss | $35.78
  • Target | Hold between 2 - 5 days or first target +/- $41.2

ADDITIONAL INFO/TIPS

Disclaimer: These trading ideas are merely to demonstrate what ChartMill is capable of and shows some typical results of a breakout filter. It is in no way actual financial advise to invest or trade in these stocks. The author has no pre-existing position in any of these stocks.

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UNM Links

UNM News

News Image5 days ago - Seeking AlphaUnum Group stock gaps up after upgrade to Buy at Jefferies (NYSE:UNM)

Unum Group (UNM) stock drove up 6.3% in Monday morning trading after Jefferies analyst upgraded shares of the life insurer to Buy from Hold as its absolute and relative...

News Image24 days ago - Unum GroupUnum Group to present at the Raymond James 44th Annual Institutional Investors Conference

/PRNewswire/ -- Unum Group's (NYSE: UNM) President & CEO, Rick McKenney along with EVP and CFO, Steve Zabel, will represent the company at the Raymond James...

News Image2 months ago - The Motley FoolUnum Group (UNM) Q4 2022 Earnings Call Transcript

UNM earnings call for the period ending December 31, 2022.

News Image2 months ago - Seeking AlphaUnum Q3 earnings miss despite higher premiums across core segments (NYSE:UNM)

Unum Group (UNM) stock slipped as much as 1.7% in after-hours trading after the insurer posted earnings that fell short of the average analyst estimate and rose from a year ago as...

News Image2 months ago - Seeking AlphaUnum Non-GAAP EPS of $1.43 misses by $0.04, revenue of $3.01B beats by $10M (NYSE:UNM)

Unum press release (UNM): Q4 Non-GAAP EPS of $1.43 misses by $0.04.Revenue of $3.01B (+1.0% Y/Y) beats by $10M.Results reflect strong operating performance and the continuation...

News Image2 months ago - Unum GroupUnum Group Reports Fourth Quarter 2022 Results

Net income of $279.6 million ($1.39 per diluted common share) for the fourth quarter of 2022; after-tax adjusted operating income was $286.7 million ($1.43 per...

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