UNICO AMERICAN CORP (UNAM) Technical Analysis
NASDAQ:UNAM • US9046071083
Current stock price
UNAM Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to UNAM. Recently some decent action could be observed, but in the medium term time frame this is still negative. UNAM was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, UNAM is a bad performer in the overall market: 82% of all stocks are doing better.
- UNAM is part of the Insurance industry. There are 148 other stocks in this industry, of which 68% are performing better than UNAM.
- UNAM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UNAM is lagging the market.
- Warning: UNAM has an average volume of 14664 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- In the last month UNAM has a been trading in the 0.82 - 1.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
UNAM Weekly and Daily overview Charts
UNAM Setup Rating and Analysis
UNAM has an average technical rating and the quality of the presented setup is also not ideal 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
UNAM Support and Resistance Analysis
1.11
We found 1 important support area.
- A support zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
UNAM 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 | NEUTRAL | NEUTRAL | The long term trend for UNAM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UNAM is neutral. |
| ChartMill Relative Strength | 18.32 | NEGATIVE | UNAM has a low relative strength, it was outperformed by 81.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UNAM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UNAM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UNAM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.69 | NEUTRAL | The RSI value for UNAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests UNAM has a positive trend. |
| Stochastics (14,3) | 75.76 | NEUTRAL | The Stochastics value for UNAM is a neutral value. |
| Average True Range in percent/ATR (20) | 8.6 | HIGH VOLATILITY | The high ATR as a percentage value for UNAM suggests high volalility. |
| Average Directional Index/ADX (14) | 31.27 | POSITIVE | The high ADX value value for UNAM suggests a strong trend. |
UNAM Chart- and CandleStick Pattern Analysis
UNAM Technicals: Chart, Performance Metrics, Trend & Indicators
1.2
+0.06 (+5.26%)
UNICO AMERICAN CORP / UNAM TA FAQ
Can you provide the ChartMill technical rating for UNICO AMERICAN CORP?
ChartMill assigns a technical rating of 4 / 10 to UNAM.
What is the trend direction for UNAM stock?
The current trend direction for UNICO AMERICAN CORP (UNAM) is Bearish.
What is the RSI signal for UNAM stock?
UNICO AMERICAN CORP (UNAM) has an RSI value of 53.6902. This indicates that the stock is currently neutral.
What is the MACD signal for UNAM stock?
The MACD indicator for UNICO AMERICAN CORP (UNAM) has a value of 0.00818266, indicating a bearish trend.