Logo image of UIHC

UNITED INSURANCE HOLDINGS CO (UIHC) Stock Technical Analysis

USA - NASDAQ:UIHC - US9107101027 - Common Stock

7.93 USD
+0.1 (+1.28%)
Last: 8/14/2023, 8:00:03 PM
7.75 USD
-0.18 (-2.27%)
After Hours: 8/14/2023, 8:00:03 PM
Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to UIHC. Both in the recent history as in the last year, UIHC has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, UIHC did better than 99% of all other stocks. We also observe that the gains produced by UIHC over the past year are nicely spread over this period.
UIHC is part of the Insurance industry. There are 146 other stocks in this industry. UIHC outperforms 100% of them.
UIHC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month UIHC has a been trading in the 4.26 - 8.75 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Weekly and Daily overview Charts
UNITED INSURANCE HOLDINGS CO / UIHC Weekly stock chart
UNITED INSURANCE HOLDINGS CO / UIHC Daily stock chart
Setup Rating and Analysis

3

Although UIHC has an excellent technical rating, it does not offer a high quality setup 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.

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Support and Resistance Analysis

4.60

8.01

We found 2 important support areas.

  • A support zone ranging from 5.00 to 5.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @4.65 from a trend line in the weekly time frame.

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Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for UIHC is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for UIHC is up.
ChartMill Relative Strength99.81POSITIVEUIHC has a high relative strength, it outperformed 99.81% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of UIHC is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of UIHC is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of UIHC is above the rising SMA(200).
Relative Strength Index/RSI (14)81.91OVERBOUGHTThe high RSI value suggests UIHC may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.32POSITIVEThe MACD value suggests UIHC has a positive trend.
Stochastics (14,3)79.28NEUTRALThe Stochastics value for UIHC is a neutral value.
Average True Range in percent/ATR (20)6.49HIGH VOLATILITYThe high ATR as a percentage value for UIHC suggests high volalility.
Average Directional Index/ADX (14)37.27POSITIVEThe high ADX value value for UIHC suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)

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UNITED INSURANCE HOLDINGS CO / UIHC Daily stock chart

UNITED INSURANCE HOLDINGS CO

NASDAQ:UIHC (8/14/2023, 8:00:03 PM)

After market: 7.75 -0.18 (-2.27%)

7.93

+0.1 (+1.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.28%
1 Week40.11%
2 Weeks49.62%
1 Month86.15%
3 Month38.52%
6 Month374.85%
12 Month677.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%6.49%
ATR Inc33.76%
Range Today0.85
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.81
3 months CRSN/A
6 months CRSN/A
Mansfield18.78
10 Day High8.75
10 Day Low5.03
20 Day High8.75
20 Day Low4.26
52 Week High8.75
52 Week Low0.29
CS1 End5.07
CR1 StartN/A
Volume & EV
DER(3)3.26%
DER(5)1.24%
Volume740.00K
Volume Incr973.22%
Vol(5)1.22M
Vol(50)322.03K

UNITED INSURANCE HOLDINGS CO / UIHC FAQ

What is the ChartMill technical rating of UNITED INSURANCE HOLDINGS CO (UIHC) stock?

ChartMill assigns a technical rating of 10 / 10 to UIHC.


Can you provide the trend direction for UNITED INSURANCE HOLDINGS CO?

The current trend direction for UNITED INSURANCE HOLDINGS CO (UIHC) is Bullish.


What is the RSI signal for UIHC stock?

UNITED INSURANCE HOLDINGS CO (UIHC) has an RSI value of 81.9102. This indicates that the stock is currently overbought.


Can you provide the short term momentum for UNITED INSURANCE HOLDINGS CO?

The short term momentum for UNITED INSURANCE HOLDINGS CO (UIHC) is positive.


Can you provide the support and resistance levels for UNITED INSURANCE HOLDINGS CO?

UNITED INSURANCE HOLDINGS CO (UIHC) has a support level at 5.07. Check the full technical report for our detailed analysis of UIHC support and resistance levels.