UNIVERSAL INSURANCE HOLDINGS (UVE)

US91359V1070 - Common Stock

20.77  +0.13 (+0.63%)

After market: 20.77 0 (0%)

Technical Rating and Analysis

3

Overall UVE gets a technical rating of 3 out of 10. Although UVE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month UVE has a been trading in the 20.02 - 23.39 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, UVE did better than 76% of all other stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
UVE is part of the Insurance industry. There are 141 other stocks in this industry, UVE did better than 60% of them.
UVE 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 UVE is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
UVE Weekly chart
UVE Daily chart
Setup Rating and Analysis

4

UVE has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

17.58

23.21

3 important support areas can be observed.

  • A support zone ranging from 20.29 to 20.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @19.62 from a trend line in the weekly time frame.
  • Support @17.76 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 21.00 to 21.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 22.76 to 22.98. 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
CRS76.57
Mansfield-0.4
10 Day High21.75
10 Day Low20.02
20 Day High23.39
20 Day Low20.02
52 Week High23.39
52 Week Low15.78
Performance
1 Week-1.7%
2 Weeks-4.77%
1 Month-9.22%
3 Month-5.5%
6 Month10.71%
12 Month29.98%
2 Year96.13%
3 Year22.18%
5 Year-25.79%
10 Year1.56%
15 Year253.83%
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)-0.19
RSI(14)39.23
LBB20.03
UBB22.69
UVE Daily chart

UNIVERSAL INSURANCE HOLDINGS

NYSE:UVE (12/23/2024, 8:04:00 PM)

After market: 20.77 0 (0%)

20.77

+0.13 (+0.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.63%
1 Week-1.7%
2 Weeks-4.77%
1 Month-9.22%
3 Month-5.5%
6 Month10.71%
12 Month29.98%
2 Year96.13%
3 Year22.18%
5 Year-25.79%
10 Year1.56%
15 Year253.83%
Volatility
ATR(14)0.6
ATR(20)%2.7%
ATR Inc35.29%
Range Today0.64
ADR(20)0.54
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.57
Mansfield-0.4
10 Day High21.75
10 Day Low20.02
20 Day High23.39
20 Day Low20.02
52 Week High23.39
52 Week Low15.78
CS1 End20.59
CR1 Start21
Volume & EV
DER(3)-4.24%
DER(5)-1.44%
Volume169.90K
Volume Incr119.06%
Vol(5)240.38K
Vol(50)168.24K