We assign a technical rating of 8 out of 10 to UFCS. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month UFCS has a been trading in the 34.89 - 37.91 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that UFCS is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, UFCS also shows a nice and consistent pattern of rising prices.
- UFCS is one of the better performing stocks in the Insurance industry, it outperforms 91% of 148 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.
Besides having an excellent technical rating, UFCS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 35.16, a Stop Loss order could be placed below this zone.
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25.97
We found 4 important support areas.
- A support zone ranging from 34.64 to 35.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.46 to 33.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.18 to 30.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.23 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 35.47 to 36.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 37.11 to 37.34. 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 | NEUTRAL | NEUTRAL | The short term trend for UFCS is neutral. |
| ChartMill Relative Strength | 84.51 | POSITIVE | UFCS has a high relative strength, it outperformed 84.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UFCS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of UFCS is below 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) | 45.12 | NEUTRAL | The RSI value for UFCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests UFCS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.68 | NEUTRAL | The Stochastics value for UFCS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for UFCS suggests some volalility. |
| Average Directional Index/ADX (14) | 14.96 | NEGATIVE | The low ADX value for UFCS suggests a weak or negative 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 |
|---|---|---|---|
| 36.27 | 34.88 | 1.39 (3.83%) | 25.00% |
| An entry @36.27. This is a Buy Stop order right above the resistance zone. | An exit @34.88. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.39 points, which is 3.83%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
35.42
-0.33 (-0.92%)
UNITED FIRE GROUP INC / UFCS FAQ
What is the technical rating for UFCS stock?
ChartMill assigns a technical rating of 8 / 10 to UFCS.
Can you provide the trend direction for UNITED FIRE GROUP INC?
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 45.1152. This indicates that the stock is currently neutral.
Can you provide the MACD signal for UNITED FIRE GROUP INC?
The MACD indicator for UNITED FIRE GROUP INC (UFCS) has a value of -0.130266, indicating a bearish trend.
What are the support and resistance levels for UNITED FIRE GROUP INC (UFCS) stock?
UNITED FIRE GROUP INC (UFCS) has a support level at 35.16 and a resistance level at 35.47. Check the full technical report for our detailed analysis of UFCS support and resistance levels.