UNUM GROUP (UNM) Stock Technical Analysis
NYSE:UNM - New York Stock Exchange, Inc. - US91529Y1064 - Common Stock - Currency: USD
Overall UNM gets a technical rating of 1 out of 10. UNM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month UNM has a been trading in the 68.37 - 81.67 range, which is quite wide. It is currently trading near the lows of this range.
UNM has an average volume of 1444530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, UNM turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
UNM is an average performer in the Insurance industry, it outperforms 69% of 143 stocks in the same industry.
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.
The technical rating of UNM is bad and it also does not present a 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.
More info and screens
67.85
83.11
We found 1 important support area.
- A support zone ranging from 68.54 to 68.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 73.35 to 73.77. 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 76.87 to 77.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 82.29 to 82.29. 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 | DOWN | NEGATIVE | The short term trend for UNM is down. |
| ChartMill Relative Strength | 55.45 | NEUTRAL | UNM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UNM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UNM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of UNM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 27.46 | OVERSOLD | The low RSI value suggests UNM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.1 | NEGATIVE | The MACD value suggests UNM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.01 | OVERSOLD | The low Stochastics value suggests UNM may be oversold. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for UNM suggests some volalility. |
| Average Directional Index/ADX (14) | 29.72 | POSITIVE | The high ADX value value for UNM suggests a strong 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)
68.55
-1.94 (-2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-2.75%
1 Week-4.54%
2 Weeks-14.32%
1 Month-14.81%
3 Month-14.81%
6 Month-10.92%
12 Month27.82%
2 Year39.36%
3 Year81.11%
5 Year270.94%
10 Year104.38%
15 Year241.9%
Volatility
ATR(14)2.22
ATR(20)%2.94%
ATR Inc-12.29%
Range Today2.63
ADR(20)1.63
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.45
Mansfield-1.27
10 Day High81.67
10 Day Low68.37
20 Day High81.67
20 Day Low68.37
52 Week High84.48
52 Week Low52.71
CS1 End68.54
CR1 Start73.35
Volume & EV
DER(3)0.71%
DER(5)0.08%
Volume2.18M
Volume Incr22.87%
Vol(5)1.90M
Vol(50)1.44M