UNUM GROUP (NYSE: UNM) momentum breakout alert!

UNUM GROUP (UNM)       41.6   -0.58 (-1.38%)


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UNUM GROUP (NYSE: UNM) momentum breakout alert!6 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 Image15 days ago - BusinessInsiderUnum Group to present at Goldman Sachs 2022 US Financial Services Conference

CHATTANOOGA, Tenn., Nov. 16, 2022 /PRNewswire/ -- Unum Group's (NYSE: UNM) President & CEO, Rick McKenney along with Unum EVP and CFO, Steve Zabel...

News Image15 days ago - Unum GroupUnum Group to present at Goldman Sachs 2022 US Financial Services Conference

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

News Image17 days ago - The Motley FoolThis Long-Term Buffett Stock Has Held Up Despite Inflationary Pressures

This company is capitalizing on high inflation and the resulting rapid rise in interest rates.

News Image23 days ago - Unum GroupUnum Names Wagnon, Rice, Royal to Senior Finance Roles

/PRNewswire/ -- Unum Group (NYSE: UNM) has named Mary Wagnon, Lynn Rice and Matt Royal to senior finance roles for enterprise risk management, accounting and...

News Imagea month ago - Unum GroupUnum HR Connect Delivers Record Growth to Simplify Benefits Administration For More Employers

/PRNewswire/ -- Unum (NYSE: UNM) marked a milestone month in September with a record number of employers choosing Unum HR Connect to help save time when...

News Imagea month ago - The Motley FoolUnum Group (UNM) Q3 2022 Earnings Call Transcript

UNM earnings call for the period ending September 30, 2022.

News Imagea month ago - Unum GroupUnum Group Reports Third Quarter 2022 Results

Net income of $410.7 million ($2.04 per diluted common share) for the third quarter of 2022; after-tax adjusted operating income was $303.7 million ($1.51 per...

News Imagea month ago - The Motley Fool5 Companies to Buy Now That Higher Interest Rates Could Be Here to Stay

Interest rates could be higher in the next 20 years than they have been in recent history. Here's how you can prepare.

News Image2 months ago - Unum GroupUnum Group declares quarterly dividend of $0.33 per share of its common stock

/PRNewswire/ -- Effective October 14, 2022, the Unum Group (NYSE: UNM) Board of Directors declared a quarterly dividend of $0.33 per share on its common stock...

News Image2 months ago - The Motley FoolMy Top Life Insurance Stock to Buy in October

This stock rocketed higher in 2022 while the broader market fell.

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