UNITED FIRE GROUP INC (UFCS) Stock Technical Analysis
NASDAQ:UFCS - US9103401082 - Common Stock
30.74 USD
-0.08 (-0.26%)
30.74 USD
0 (0%)
Taking everything into account, UFCS scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, UFCS is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
UFCS is one of the better performing stocks in the Insurance industry, it outperforms 90% of 145 stocks in the same industry.
UFCS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UFCS is lagging the market slightly.
UFCS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that UFCS is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
UFCS has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.30
32.07
We found 6 important support areas.
- A support zone ranging from 30.73 to 30.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.09 from a horizontal line in the daily time frame.
- Support @26.79 from a trend line in the weekly time frame.
- A support zone ranging from 26.23 to 26.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.34 from a horizontal line in the daily time frame.
- Support @19.49 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 31.55 to 31.75. 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 | 85.76 | POSITIVE | UFCS has a high relative strength, it outperformed 85.76% 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) | 60.41 | NEUTRAL | The RSI value for UFCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests UFCS has a negative trend. |
| Stochastics (14,3) | 54.95 | NEUTRAL | The Stochastics value for UFCS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for UFCS suggests some volalility. |
| Average Directional Index/ADX (14) | 39.55 | POSITIVE | The high ADX value value for UFCS suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
30.74
-0.08 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.26%
1 Week-3.18%
2 Weeks0.26%
1 Month17.73%
3 Month8.05%
6 Month9.51%
12 Month50.17%
2 Year55.49%
3 Year4.45%
5 Year22.08%
10 Year-7.41%
15 Year51.95%
Volatility
ATR(14)0.59
ATR(20)%2.46%
ATR Inc-16%
Range Today0.45
ADR(20)0.67
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.76
Mansfield0.56
10 Day High32.13
10 Day Low30.17
20 Day High32.13
20 Day Low26.11
52 Week High32.13
52 Week Low19.19
CS1 End30.73
CR1 Start31.55
Volume & EV
DER(3)-0.45%
DER(5)0.27%
Volume141.40K
Volume Incr-24.45%
Vol(5)106.42K
Vol(50)134.62K