UNUM GROUP (UNM) Stock Technical Analysis
USA - NYSE:UNM - US91529Y1064 - Common Stock
75.85 USD
-0.92 (-1.2%)
75.85 USD
0 (0%)
Taking everything into account, UNM scores 6 out of 10 in our technical rating. UNM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
UNM has an average volume of 1398210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 68% of all stocks.
UNM is an average performer in the Insurance industry, it outperforms 69% of 145 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.
In the last month UNM has a been trading in the 73.51 - 79.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UNM has an average technical rating and it also does not offer a high 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
67.86
84.17
When analyzing the support we can see 2 important areas.
- Support @71.49 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 77.03 to 77.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @79.34 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 | UP | POSITIVE | The long term trend for UNM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UNM is neutral. |
| ChartMill Relative Strength | 68.71 | NEUTRAL | UNM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UNM is below the rising 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) | 47.65 | NEUTRAL | The RSI value for UNM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests UNM has a negative trend. |
| Stochastics (14,3) | 35.77 | NEUTRAL | The Stochastics value for UNM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for UNM suggests low volalility. |
| Average Directional Index/ADX (14) | 28.48 | 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)
75.85
-0.92 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.2%
1 Week-4.5%
2 Weeks-3.08%
1 Month0.81%
3 Month-5.23%
6 Month0.78%
12 Month20.92%
2 Year55.11%
3 Year66.37%
5 Year329.5%
10 Year118.9%
15 Year238.31%
Volatility
ATR(14)1.43
ATR(20)%1.89%
ATR Inc80.72%
Range Today1.86
ADR(20)1.4
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.71
Mansfield-0.8
10 Day High79.93
10 Day Low75.69
20 Day High79.93
20 Day Low73.51
52 Week High84.48
52 Week Low61.37
CS1 End71.49
CR1 Start77.03
Volume & EV
DER(3)-2.24%
DER(5)-2.23%
Volume1.41M
Volume Incr-27.71%
Vol(5)1.03M
Vol(50)1.40M