UNITED FIRE GROUP INC (UFCS) Stock Technical Analysis
NASDAQ:UFCS - Nasdaq - US9103401082 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to UFCS. UFCS has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
UFCS is one of the better performing stocks in the Insurance industry, it outperforms 78% of 143 stocks in the same industry.
UFCS is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so UFCS slightly outperforms the market at the moment.
When comparing the yearly performance of all stocks, we notice that UFCS is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month UFCS has a been trading in the 25.76 - 28.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, UFCS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 28.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.58, a Stop Loss order could be placed below this zone.
More info and screens
18.51
29.42
When analyzing the support we can see 6 important areas.
- A support zone ranging from 27.09 to 27.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.15 from a trend line in the daily time frame.
- Support @25.34 from a horizontal line in the daily time frame.
- A support zone ranging from 24.78 to 24.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.49 from a horizontal line in the weekly time frame.
- Support @18.70 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.95 to 29.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.19
Mansfield1.53
10 Day High28.86
10 Day Low26.71
20 Day High28.86
20 Day Low25.76
52 Week High31.7
52 Week Low18.04
Performance
1 Week-2.44%
2 Weeks1.67%
1 Month6.56%
3 Month11.81%
6 Month14.75%
12 Month17.85%
2 Year30.03%
3 Year-13.82%
5 Year4.1%
10 Year-8.46%
15 Year30.82%
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)51.33
LBB27.13
UBB28.67
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 |
|---|---|---|---|
| 29.14 | 27.08 | 2.06 (7.07%) | 14.15% |
| An entry @29.14. This is a Buy Stop order right above the resistance zone. | An exit @27.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.06 points, which is 7.07%. | When investing 14.15% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
27.93
+0.07 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.25%
1 Week-2.44%
2 Weeks1.67%
1 Month6.56%
3 Month11.81%
6 Month14.75%
12 Month17.85%
2 Year30.03%
3 Year-13.82%
5 Year4.1%
10 Year-8.46%
15 Year30.82%
Volatility
ATR(14)0.94
ATR(20)%3.17%
ATR Inc-18.58%
Range Today0.54
ADR(20)0.83
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.19
Mansfield1.53
10 Day High28.86
10 Day Low26.71
20 Day High28.86
20 Day Low25.76
52 Week High31.7
52 Week Low18.04
CS1 End27.58
CR1 Start28.95
Volume & EV
DER(3)2.86%
DER(5)2.9%
Volume67.50K
Volume Incr-7.28%
Vol(5)98.50K
Vol(50)112.61K