UNUM GROUP (UNM) Stock Technical Analysis
USA - NYSE:UNM - US91529Y1064 - Common Stock
Overall UNM gets a technical rating of 4 out of 10. Although UNM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
UNM has an average technical rating and also the quality of the setup is only medium 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
67.86
When analyzing the support we can see 4 important areas.
- A support zone ranging from 75.27 to 75.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @72.82 from a trend line in the weekly time frame.
- 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.
We can see 3 important resistance areas.
- Resistance @77.72 from a horizontal line in the daily time frame.
- A resistance zone ranging from 79.06 to 79.34. 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 | 72.82 | POSITIVE | UNM has a high relative strength, it outperformed 72.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of UNM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UNM is above 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) | 54.17 | NEUTRAL | The RSI value for UNM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests UNM has a positive trend. |
| Stochastics (14,3) | 56.52 | NEUTRAL | The Stochastics value for UNM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for UNM suggests some volalility. |
| Average Directional Index/ADX (14) | 19.99 | NEGATIVE | The low ADX value for UNM suggests a weak or negative trend. |
76.77
-1.43 (-1.83%)
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 54.1682. 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 0.0387443, indicating a bearish trend.
Can you provide the short term momentum for UNUM GROUP?
The short term momentum for UNUM GROUP (UNM) is neutral.