UNUM GROUP - Daily - Technical analysis published on 12/10/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 27.46 USD
My targets
31.49 USD (+6.35%)
34.61 USD (+16.89%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on UNUM GROUP as long as the price remains well above 27.46 USD. The buyers” bullish objective is set at 31.49 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 34.61 USD. If there is any crossing, the next objective would be the resistance located at 37.56 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
2.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
UNUM GROUP rating 29.61 USD. The price registered an increase of +1.16% on the session and was between 29.08 USD and 29.73 USD. This implies that the price is at +1.82% from its lowest and at -0.40% from its highest.29.08
29.73
29.61
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this UNUM GROUP chart shows a bullish trend. The signals given by moving averages are 67.86% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 7 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 18.37 | 25.06 | 27.46 | 29.61 | 29.75 | 31.49 | 34.61 |
| Change (%) | -37.96% | -15.37% | -7.26% | - | +0.47% | +6.35% | +16.89% |
| Change | -11.24 | -4.55 | -2.15 | - | +0.14 | +1.88 | +5.00 |
| Level | Intermediate | Intermediate | Major | - | Major | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.42 | 28.69 | 28.98 | 29.26 | 29.55 | 29.82 | 30.11 |
| Camarilla | 29.12 | 29.17 | 29.22 | 29.27 | 29.32 | 29.37 | 29.43 |
| Woodie | 28.42 | 28.70 | 28.99 | 29.26 | 29.55 | 29.83 | 30.12 |
| Fibonacci | 28.69 | 28.91 | 29.04 | 29.26 | 29.47 | 29.61 | 29.82 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.82 | 27.30 | 28.28 | 29.76 | 30.74 | 32.22 | 33.20 |
| Camarilla | 28.59 | 28.82 | 29.05 | 29.27 | 29.50 | 29.72 | 29.95 |
| Woodie | 25.58 | 27.18 | 28.04 | 29.64 | 30.50 | 32.10 | 32.96 |
| Fibonacci | 27.30 | 28.24 | 28.82 | 29.76 | 30.70 | 31.28 | 32.22 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.46 | 26.65 | 28.71 | 29.91 | 31.97 | 33.16 | 35.22 |
| Camarilla | 29.88 | 30.17 | 30.47 | 30.77 | 31.07 | 31.37 | 31.67 |
| Woodie | 25.89 | 26.87 | 29.14 | 30.12 | 32.40 | 33.38 | 35.65 |
| Fibonacci | 26.65 | 27.90 | 28.67 | 29.91 | 31.15 | 31.92 | 33.16 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 51.64 | |
| MACD (12,26,9): | 0.1200 | |
| Directional Movement: | -0.02 | |
| AROON (14): | -21.42 | |
| DEMA (21): | 29.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 30.86 | |
| Elder Ray (13): | -0.20 | |
| Super Trend (3,10): | 31.17 | |
| Zig ZAG (10): | 29.61 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 19.65 | |
| TEMA (21): | 29.62 | |
| Williams %R (14): | -65.85 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | -0.3000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1500 | |
| Courbe Coppock: | 0.69 |
| MA7: | 29.56 | |
| MA20: | 29.76 | |
| MA50: | 28.81 | |
| MA100: | 28.59 | |
| MAexp7: | 29.50 | |
| MAexp20: | 29.56 | |
| MAexp50: | 29.20 | |
| MAexp100: | 29.43 | |
| Price / MA7: | +0.17% | |
| Price / MA20: | -0.50% | |
| Price / MA50: | +2.78% | |
| Price / MA100: | +3.57% | |
| Price / MAexp7: | +0.37% | |
| Price / MAexp20: | +0.17% | |
| Price / MAexp50: | +1.40% | |
| Price / MAexp100: | +0.61% |
News
The last news published on UNUM GROUP at the time of the generation of this analysis was as follows:
-
Unum Therapeutics Inc. - UMRX Stock Chart Technical Analysis for 11-27-2019
- Unum names Martha Leiper executive vice president and chief investment officer
- SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Unum Group for Potential Breaches Of Fiduciary Duty By Its Board of Directors
- Unum finds many adults brush off tooth brushing guidelines
- Unum Group declares quarterly dividend of $0.285 per share of its common stock
This member declared not having a position on this financial instrument or a related financial instrument.
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