UNUM GROUP (UNM) Stock Technical Analysis
NYSE:UNM - New York Stock Exchange, Inc. - US91529Y1064 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to UNM. In the last year, UNM was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month UNM has a been trading in the 73.66 - 79.43 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
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 UNM is one of the better performing stocks in the market, outperforming 87% of all stocks.
UNM is one of the better performing stocks in the Insurance industry, it outperforms 90% of 143 stocks in the same industry.
UNM 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 UNM is lagging the market slightly.
UNM has an average volume of 1213570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
UNM has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
54.98
78.50
4 important support areas can be observed.
- Support @71.80 from a horizontal line in the weekly time frame.
- Support @70.51 from a horizontal line in the daily time frame.
- Support @62.30 from a trend line in the daily time frame.
- Support @55.54 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 74.25 to 77.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.63
Mansfield1.49
10 Day High78.05
10 Day Low73.66
20 Day High79.43
20 Day Low73.66
52 Week High79.43
52 Week Low48.38
Performance
1 Week-1.83%
2 Weeks-3.4%
1 Month-1.99%
3 Month-2.35%
6 Month36.54%
12 Month49.37%
2 Year66.24%
3 Year165.26%
5 Year217.72%
10 Year120.68%
15 Year255.89%
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)-0.34
RSI(14)43.88
LBB73.38
UBB77.76
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 |
|---|---|---|---|
| 75.15 | 73.65 | 1.50 (2.00%) | 25.00% |
| An entry @75.15. This is a Buy Stop order right above the 10 day moving average. | An exit @73.65. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.50 points, which is 2.00%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.50%. |
- The distance between exit and entry is rather small compared to the average daily movement of UNM. 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.
74.06
-0.73 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.98%
1 Week-1.83%
2 Weeks-3.4%
1 Month-1.99%
3 Month-2.35%
6 Month36.54%
12 Month49.37%
2 Year66.24%
3 Year165.26%
5 Year217.72%
10 Year120.68%
15 Year255.89%
Volatility
ATR(14)1.84
ATR(20)%2.22%
ATR Inc-15.72%
Range Today1.73
ADR(20)1.61
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.63
Mansfield1.49
10 Day High78.05
10 Day Low73.66
20 Day High79.43
20 Day Low73.66
52 Week High79.43
52 Week Low48.38
CS1 End71.8
CR1 Start74.25
Volume & EV
DER(3)-2.17%
DER(5)-2.65%
Volume1.20M
Volume Incr14.55%
Vol(5)1.21M
Vol(50)1.21M