UNIVERSAL INSURANCE HOLDINGS (UVE)

US91359V1070 - Common Stock

22.59  +0.31 (+1.39%)

After market: 22.59 0 (0%)

Technical Rating and Analysis

9

Overall UVE gets a technical rating of 9 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 and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that UVE is one of the better performing stocks in the market, outperforming 77% of all stocks.
UVE 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 UVE is lagging the market slightly.
In the last month UVE has a been trading in the 19.05 - 22.78 range, which is quite wide. It is currently trading near the high of this range.
UVE is part of the Insurance industry. There are 140 other stocks in this industry, UVE did better than 66% of them.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
UVE Weekly chart
UVE Daily chart
Setup Rating and Analysis

7

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 a resistance zone just above the current price starting at 22.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.29, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

19.05

22.99

3 important support areas can be observed.

  • A support zone ranging from 20.82 to 21.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @19.71 from a trend line in the weekly time frame.
  • A support zone ranging from 19.24 to 19.39. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 22.60 to 22.76. 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
CRS77.29
Mansfield0.48
10 Day High22.78
10 Day Low21.35
20 Day High22.78
20 Day Low19.05
52 Week High23.27
52 Week Low15.63
Performance
1 Week1.07%
2 Weeks5.17%
1 Month12.39%
3 Month7.26%
6 Month15.43%
12 Month34.3%
2 Year105.55%
3 Year49.9%
5 Year-22.37%
10 Year16.44%
15 Year312.98%
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)0.11
RSI(14)64.96
LBB20.08
UBB23.65
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
22.7721.341.43 (6.28%)15.92%
An entry @22.77. This is a Buy Stop order right above the resistance zone.An exit @21.34. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 1.43 points, which is 6.28%.When investing 15.92% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
UVE Daily chart

UNIVERSAL INSURANCE HOLDINGS

NYSE:UVE (11/21/2024, 8:04:00 PM)

After market: 22.59 0 (0%)

22.59

+0.31 (+1.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.39%
1 Week1.07%
2 Weeks5.17%
1 Month12.39%
3 Month7.26%
6 Month15.43%
12 Month34.3%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.67
ATR(20)%3.03%
ATR Inc
Range Today0.51
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High22.78
10 Day Low21.35
20 Day High22.78
20 Day Low19.05
52 Week High23.27
52 Week Low15.63
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume75.40K
Volume Incr-56.6%
Vol(5)88.80K
Vol(50)230.64K