UNUM GROUP (UNM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:UNM - US91529Y1064 - Common Stock
76.38 USD
-0.17 (-0.22%)
76.38 USD
0 (0%)
We assign a technical rating of 4 out of 10 to UNM. In the past year, UNM was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
UNM is one of the better performing stocks in the Insurance industry, it outperforms 71% of 147 stocks in the same industry.
In the last month UNM has a been trading in the 72.21 - 78.99 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
UNM has an average volume of 1315330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, UNM outperforms 62% of them, which is more or less in line with the market.
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.
UNM has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
67.86
84.17
4 important support areas can be observed.
- A support zone ranging from 76.02 to 76.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 73.69 to 74.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @70.48 from a horizontal line in the daily 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.
When analyzing the resistance we notice 3 important areas.
- Resistance @77.76 from a trend line in the weekly time frame.
- A resistance zone ranging from 79.13 to 79.42. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for UNM is neutral. |
| ChartMill Relative Strength | 62.1 | NEUTRAL | UNM is not amongst the best or worst performers 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) | UP | MIXED | The current price of UNM is below the rising 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) | 50.86 | NEUTRAL | The RSI value for UNM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests UNM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.02 | NEUTRAL | The Stochastics value for UNM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for UNM suggests some volalility. |
| Average Directional Index/ADX (14) | 11.42 | NEGATIVE | The low ADX value for UNM suggests a weak or negative 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)
76.38
-0.17 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.22%
1 Week-0.16%
2 Weeks-1.24%
1 Month2.03%
3 Month9.33%
6 Month-6.52%
12 Month-0.68%
2 Year77.63%
3 Year81.08%
5 Year243.59%
10 Year108.23%
15 Year255.42%
Volatility
ATR(14)1.58
ATR(20)%2.39%
ATR Inc-23.23%
Range Today0.95
ADR(20)1.73
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.1
3 months CRS81.73
6 months CRS21.43
Mansfield-1.06
10 Day High78
10 Day Low74.88
20 Day High78.99
20 Day Low72.21
52 Week High84.48
52 Week Low66.81
CS1 End76.36
CR1 Start77.76
Volume & EV
DER(3)-1.72%
DER(5)-0.27%
Volume1.29M
Volume Incr-16.82%
Vol(5)1.25M
Vol(50)1.32M
UNUM GROUP / UNM FAQ
What is the technical rating for UNM stock?
ChartMill assigns a technical rating of 4 / 10 to UNM.
Can you provide the trend direction for UNUM GROUP?
The current trend direction for UNUM GROUP (UNM) is Bearish.
What is the RSI signal for UNUM GROUP (UNM) stock?
UNUM GROUP (UNM) has an RSI value of 50.8648. This indicates that the stock is currently neutral.
What is the MACD signal for UNM stock?
The MACD indicator for UNUM GROUP (UNM) has a value of -0.0593155, indicating a bearish trend.
Can you provide the short term momentum for UNUM GROUP?
The short term momentum for UNUM GROUP (UNM) is neutral.