UNIVERSAL INSURANCE HOLDINGS (UVE) Technical Analysis
NYSE:UVE • US91359V1070
Current stock price
39.48 USD
+4.3 (+12.22%)
At close:
39.48 USD
0 (0%)
After Hours:
UVE Technical Rating and Analysis
Overall UVE gets a technical rating of 10 out of 10. 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.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that UVE is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by UVE over the past year are nicely spread over this period.
- UVE is one of the better performing stocks in the Insurance industry, it outperforms 98% of 147 stocks in the same industry.
- UVE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month UVE has a been trading in the 32.07 - 39.53 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
UVE Weekly and Daily overview Charts
UVE Setup Rating and Analysis
Although UVE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
UVE Support and Resistance Analysis
28.12
39.87
5 important support areas can be observed.
- A support zone ranging from 33.66 to 34.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.89 from a horizontal line in the daily time frame.
- A support zone ranging from 31.81 to 31.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.64 from a horizontal line in the daily time frame.
- Support @28.40 from a trend line in the weekly time frame.
UVE 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 | UP | POSITIVE | The long term trend for UVE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UVE is neutral. |
| ChartMill Relative Strength | 90.33 | POSITIVE | UVE has a high relative strength, it outperformed 90.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UVE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UVE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UVE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.46 | OVERBOUGHT | The high RSI value suggests UVE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests UVE has a positive trend. |
| Stochastics (14,3) | 68.96 | NEUTRAL | The Stochastics value for UVE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for UVE suggests some volalility. |
| Average Directional Index/ADX (14) | 20.12 | NEUTRAL | The ADX value for UVE suggests a possible start of a new trend. |
UVE Chart- and CandleStick Pattern Analysis
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)
UVE Technicals: Chart, Performance Metrics, Trend & Indicators
39.48
+4.3 (+12.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg12.22%
1 Week10.96%
2 Weeks14.8%
1 Month15.68%
3 Month36.85%
6 Month23.18%
12 Month67.08%
2 Year102.25%
3 Year156.03%
5 Year183.01%
10 Year124.19%
15 Year629.76%
Volatility
ATR(14)1.37
ATR(20)%3.24%
ATR Inc197.04%
Range Today3.68
ADR(20)1.23
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.33
3 months CRS95.55
6 months CRS86.38
Mansfield2.29
10 Day High39.53
10 Day Low33.33
20 Day High39.53
20 Day Low32.07
52 Week High39.53
52 Week Low21.96
CS1 End34.6
CR1 StartN/A
Volume & EV
DER(3)3.85%
DER(5)1.45%
Volume524.50K
Volume Incr42.82%
Vol(5)250.10K
Vol(50)200.11K
UNIVERSAL INSURANCE HOLDINGS / UVE TA FAQ
Can you provide the ChartMill technical rating for UNIVERSAL INSURANCE HOLDINGS?
ChartMill assigns a technical rating of 10 / 10 to UVE.
Can you provide the trend direction for UNIVERSAL INSURANCE HOLDINGS?
The current trend direction for UNIVERSAL INSURANCE HOLDINGS (UVE) is Bullish.
What is the RSI signal for UVE stock?
UNIVERSAL INSURANCE HOLDINGS (UVE) has an RSI value of 71.4567. This indicates that the stock is currently overbought.
What is the short term momentum for UVE stock?
The short term momentum for UNIVERSAL INSURANCE HOLDINGS (UVE) is neutral.