UNUM GROUP (UNM) Stock Technical Analysis
USA - NYSE:UNM - US91529Y1064 - Common Stock
76.21 USD
-0.04 (-0.05%)
76.21 USD
0 (0%)
Taking everything into account, UNM scores 5 out of 10 in our technical rating. Although UNM has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, UNM did better than 71% of all other stocks.
UNM is part of the Insurance industry. There are 146 other stocks in this industry. UNM outperforms 77% of them.
In the last month UNM has a been trading in the 68.70 - 77.00 range, which is quite wide. It is currently trading near the high of this range.
UNM has an average volume of 1580400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
UNM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UNM is lagging the market.
Although the technical rating is only medium, UNM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 77.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 74.78, a Stop Loss order could be placed below this zone.
More info and screens
67.86
84.17
We found 3 important support areas.
- A support zone ranging from 72.74 to 74.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @70.49 from a trend line in the weekly time frame.
- A support zone ranging from 68.55 to 68.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @77.72 from a horizontal line in the daily time frame.
- A resistance zone ranging from 82.29 to 83.34. 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 | NEUTRAL | NEUTRAL | The long term trend for UNM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UNM is up. |
| ChartMill Relative Strength | 71.17 | POSITIVE | UNM has a high relative strength, it outperformed 71.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UNM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of UNM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UNM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.53 | NEUTRAL | The RSI value for UNM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests UNM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.91 | OVERBOUGHT | The high Stochastics value suggests UNM may be overbought. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for UNM suggests low volalility. |
| Average Directional Index/ADX (14) | 22.77 | NEUTRAL | The ADX value for UNM suggests a possible start of a new trend. |
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)
76.21
-0.04 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.05%
1 Week1.29%
2 Weeks3.32%
1 Month9.91%
3 Month-3.87%
6 Month-6.31%
12 Month32.89%
2 Year54.93%
3 Year96.42%
5 Year352.82%
10 Year137.56%
15 Year244.06%
Volatility
ATR(14)1.54
ATR(20)%1.79%
ATR Inc9.27%
Range Today1.7
ADR(20)1.35
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.17
Mansfield-0.86
10 Day High77
10 Day Low72.44
20 Day High77
20 Day Low68.7
52 Week High84.48
52 Week Low57.21
CS1 End74.78
CR1 Start77.72
Volume & EV
DER(3)2.21%
DER(5)1.53%
Volume4.50M
Volume Incr37.73%
Vol(5)1.97M
Vol(50)1.58M