UNUM GROUP - UNM 6 1/4 06/15/58 (UNMA) Technical Analysis
NYSE:UNMA • US91529Y6014
Current stock price
UNMA Technical Rating and Analysis
Overall UNMA gets a technical rating of 4 out of 10. In the past year, UNMA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, UNMA is a bad performer in the overall market: 63% of all stocks are doing better.
- Warning: UNMA has an average volume of 29758 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- UNMA is part of the Insurance industry. There are 149 other stocks in this industry. UNMA outperforms 70% of them.
- UNMA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UNMA is lagging the market slightly.
- In the last month UNMA has a been trading in a tight range between 23.08 and 23.80.
- Volume is considerably higher in the last couple of days.
UNMA Weekly and Daily overview Charts
UNMA Setup Rating and Analysis
UNMA 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
UNMA Support and Resistance Analysis
22.64
When analyzing the support we notice one important area.
- A support zone ranging from 22.87 to 23.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Strong resistance @23.91 from a horizontal line in the daily time frame.
- Resistance @25.12 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 25.78 to 25.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
UNMA Technical Indicator Signal Analysis
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 UNMA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UNMA is up. |
| ChartMill Relative Strength | 37.61 | NEUTRAL | UNMA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UNMA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UNMA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of UNMA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.5 | NEUTRAL | The RSI value for UNMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests UNMA has a positive trend. |
| Stochastics (14,3) | 90.05 | OVERBOUGHT | The high Stochastics value suggests UNMA may be overbought. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for UNMA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.62 | NEGATIVE | The low ADX value for UNMA suggests a weak or negative trend. |
UNMA Chart- and CandleStick Pattern Analysis
UNMA Technicals: Chart, Performance Metrics, Trend & Indicators
23.76
+0.03 (+0.13%)
UNUM GROUP - UNM 6 1/4 06/15/58 / UNMA TA FAQ
What is the ChartMill technical rating of UNUM GROUP - UNM 6 1/4 06/15/58 (UNMA) stock?
ChartMill assigns a technical rating of 4 / 10 to UNMA.
What is the current trend direction of UNUM GROUP - UNM 6 1/4 06/15/58 (UNMA) stock?
The current trend direction for UNUM GROUP - UNM 6 1/4 06/15/58 (UNMA) is Bearish.
What is the RSI signal for UNMA stock?
UNUM GROUP - UNM 6 1/4 06/15/58 (UNMA) has an RSI value of 61.4967. This indicates that the stock is currently neutral.
What is the short term momentum for UNMA stock?
The short term momentum for UNUM GROUP - UNM 6 1/4 06/15/58 (UNMA) is positive.