UNITED FIRE GROUP INC (UFCS)

US9103401082 - Common Stock

29.1  +0.43 (+1.5%)

After market: 29.1 0 (0%)

Technical Rating and Analysis

8

Taking everything into account, UFCS scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, UFCS has proven to be a steady performer, scoring decent points in every aspect analyzed.

In the last month UFCS has a been trading in the 28.54 - 31.70 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both positive. This is looking good!
UFCS is part of the Insurance industry. There are 141 other stocks in this industry. UFCS outperforms 90% of them.
UFCS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UFCS is lagging the market slightly.
Looking at the yearly performance, UFCS did better than 92% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
UFCS Weekly chart
UFCS Daily chart
Setup Rating and Analysis

6

UFCS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 28.95, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

18.51

31.98

5 important support areas can be observed.

  • A support zone ranging from 28.67 to 28.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @21.39 from a horizontal line in the daily time frame.
  • Support @19.98 from a trend line in the daily time frame.
  • A support zone ranging from 19.26 to 19.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @18.70 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 31.55 to 31.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.23
Mansfield1.57
10 Day High31.41
10 Day Low28.54
20 Day High31.7
20 Day Low28.54
52 Week High31.7
52 Week Low18.04
Performance
1 Week-5.86%
2 Weeks-5.37%
1 Month-4.5%
3 Month40.17%
6 Month35.41%
12 Month44.63%
2 Year6.36%
3 Year25.49%
5 Year-33.46%
10 Year-2.12%
15 Year59.63%
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)-0.57
RSI(14)51.56
LBB28.45
UBB32.3
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
30.0628.661.40 (4.64%)21.53%
An entry @30.06. This is a Buy Stop order right above the 10 day moving average.An exit @28.66. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.40 points, which is 4.64%.For a 1.00% total portfolio risk, you can invest 21.53% of your capital in this trade.

  • 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.
UFCS Daily chart

UNITED FIRE GROUP INC

NASDAQ:UFCS (12/24/2024, 7:43:02 PM)

After market: 29.1 0 (0%)

29.1

+0.43 (+1.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.5%
1 Week-5.86%
2 Weeks-5.37%
1 Month-4.5%
3 Month40.17%
6 Month35.41%
12 Month44.63%
2 Year6.36%
3 Year25.49%
5 Year-33.46%
10 Year-2.12%
15 Year59.63%
Volatility
ATR(14)0.92
ATR(20)%3.18%
ATR Inc-31.51%
Range Today0.57
ADR(20)0.92
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.23
Mansfield1.57
10 Day High31.41
10 Day Low28.54
20 Day High31.7
20 Day Low28.54
52 Week High31.7
52 Week Low18.04
CS1 End28.95
CR1 Start31.55
Volume & EV
DER(3)-2.31%
DER(5)-3.31%
Volume51.10K
Volume Incr22.56%
Vol(5)189.04K
Vol(50)132.63K