UNITED INSURANCE HOLDINGS CO (UIHC) Technical Analysis
NASDAQ:UIHC • US9107101027
Current stock price
UIHC Technical Rating and Analysis
Taking everything into account, UIHC scores 10 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, UIHC is showing a nice and steady performance.
- 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 148 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 is trading in the upper part of its 52 week range, but not near new highs, so UIHC is leading 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.
UIHC Weekly and Daily overview Charts
UIHC Setup Rating and Analysis
Although UIHC has an excellent technical rating, it does not present a decent entry opportunity 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
UIHC Support and Resistance Analysis
4.60
When analyzing the support we can see 2 important 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.
UIHC 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for UIHC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UIHC is up. |
| ChartMill Relative Strength | 99.81 | POSITIVE | UIHC has a high relative strength, it outperformed 99.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UIHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UIHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UIHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.91 | OVERBOUGHT | The high RSI value suggests UIHC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests UIHC has a positive trend. |
| Stochastics (14,3) | 79.28 | NEUTRAL | The Stochastics value for UIHC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.49 | HIGH VOLATILITY | The high ATR as a percentage value for UIHC suggests high volalility. |
| Average Directional Index/ADX (14) | 37.27 | POSITIVE | The high ADX value value for UIHC suggests a strong trend. |
UIHC Chart- and CandleStick Pattern Analysis
UIHC Technicals: Chart, Performance Metrics, Trend & Indicators
7.93
+0.1 (+1.28%)
UNITED INSURANCE HOLDINGS CO / UIHC TA FAQ
What is the ChartMill technical rating of UNITED INSURANCE HOLDINGS CO (UIHC) stock?
ChartMill assigns a technical rating of 10 / 10 to UIHC.
What is the trend direction for UIHC stock?
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.
What is the MACD signal for UIHC stock?
The MACD indicator for UNITED INSURANCE HOLDINGS CO (UIHC) has a value of 0.315233, indicating a bearish trend.
What is the buy/sell signal for UNITED INSURANCE HOLDINGS CO (UIHC) stock?
The buy/sell signal for UNITED INSURANCE HOLDINGS CO (UIHC) is buy as both the short term and long term trends are positive.