We assign a technical rating of 9 out of 10 to UFCS. Both in the recent history as in the last year, UFCS has proven to be a steady performer, scoring decent points in every aspect analyzed.
UFCS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 37.19. Right above this resistance zone may be a good entry point.
More info and screens
25.22
7 important support areas can be observed.
- Support @36.14 from a horizontal line in the daily time frame.
- A support zone ranging from 31.31 to 31.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.38 from a horizontal line in the daily time frame.
- Support @29.00 from a trend line in the weekly time frame.
- Support @26.90 from a trend line in the daily time frame.
- Support @26.23 from a horizontal line in the weekly time frame.
- Support @25.47 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 37.19 to 37.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for UFCS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UFCS is up. |
| ChartMill Relative Strength | 86.02 | POSITIVE | UFCS has a high relative strength, it outperformed 86.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UFCS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UFCS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UFCS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.78 | NEUTRAL | The RSI value for UFCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests UFCS has a negative trend. |
| Stochastics (14,3) | 83.42 | OVERBOUGHT | The high Stochastics value suggests UFCS may be overbought. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for UFCS suggests some volalility. |
| Average Directional Index/ADX (14) | 38.16 | POSITIVE | The high ADX value value for UFCS suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 37.21 | 36.13 | 1.08 (2.90%) | 25.00% |
| An entry @37.21. This is a Buy Stop order right above the resistance zone. | An exit @36.13. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.08 points, which is 2.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%. |
- The distance between exit and entry is rather small compared to the average daily movement of UFCS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
37.18
-0.01 (-0.03%)
UNITED FIRE GROUP INC / UFCS FAQ
What is the technical rating for UFCS stock?
ChartMill assigns a technical rating of 9 / 10 to UFCS.
What is the current trend direction of UNITED FIRE GROUP INC (UFCS) stock?
The current trend direction for UNITED FIRE GROUP INC (UFCS) is Bullish.
What is the RSI signal for UFCS stock?
UNITED FIRE GROUP INC (UFCS) has an RSI value of 67.7792. This indicates that the stock is currently neutral.
What is the MACD signal for UFCS stock?
The MACD indicator for UNITED FIRE GROUP INC (UFCS) has a value of -0.00373109, indicating a bearish trend.
What is the buy/sell signal for UFCS stock?
The buy/sell signal for UNITED FIRE GROUP INC (UFCS) is buy as both the short term and long term trends are positive.