UNIVERSAL INSURANCE HOLDINGS (UVE) Stock Technical Analysis
NYSE:UVE - New York Stock Exchange, Inc. - US91359V1070 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to UVE. Both in the recent history as in the last year, UVE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
UVE is part of the Insurance industry. There are 143 other stocks in this industry. UVE outperforms 82% of them.
UVE is currently trading in the upper part of its 52 week range. This is a good signal, certainly because the S&P500 Index is currently trading in the lower part of its 52 week range.
When comparing the yearly performance of all stocks, we notice that UVE is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month UVE has a been trading in the 20.83 - 24.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UVE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for UVE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
18.82
23.57
We found 4 important support areas.
- A support zone ranging from 20.95 to 22.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.41 from a trend line in the weekly time frame.
- Support @19.69 from a trend line in the weekly time frame.
- A support zone ranging from 19.01 to 19.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @23.34 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.6
Mansfield2.14
10 Day High23.32
10 Day Low20.83
20 Day High24.14
20 Day Low20.83
52 Week High24.14
52 Week Low16.5
Performance
1 Week2.99%
2 Weeks1.88%
1 Month6.12%
3 Month16.46%
6 Month18.04%
12 Month16.22%
2 Year47.28%
3 Year80.81%
5 Year24.57%
10 Year-5.45%
15 Year349.7%
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)53.72
LBB21.04
UBB24.34
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.35 | 22.04 | 1.31 (5.61%) | 17.82% |
| An entry @23.35. This is a Buy Stop order right above the resistance zone. | An exit @22.04. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.31 points, which is 5.61%. | When investing 17.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of UVE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
22.71
-0.45 (-1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.94%
1 Week2.99%
2 Weeks1.88%
1 Month6.12%
3 Month16.46%
6 Month18.04%
12 Month16.22%
2 Year47.28%
3 Year80.81%
5 Year24.57%
10 Year-5.45%
15 Year349.7%
Volatility
ATR(14)0.91
ATR(20)%3.69%
ATR Inc-28.49%
Range Today0.81
ADR(20)0.79
ADR(20)%3.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.6
Mansfield2.14
10 Day High23.32
10 Day Low20.83
20 Day High24.14
20 Day Low20.83
52 Week High24.14
52 Week Low16.5
CS1 End22.64
CR1 Start23.34
Volume & EV
DER(3)3.72%
DER(5)3.65%
Volume143.84K
Volume Incr-37.53%
Vol(5)130.20K
Vol(50)182.16K