RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of UNM
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Stronger technical forecast for Unum Group stock price after Monday trading.
(Updated on Jul 22, 2024)

Buy or Hold candidate since Jul 16, 2024 Gain 0.37% PDF

The Unum Group stock price gained 0.523% on the last trading day (Monday, 22nd Jul 2024), rising from $53.55 to $53.83. During the last trading day the stock fluctuated 1.29% from a day low at $53.43 to a day high of $54.12. The price has risen in 8 of the last 10 days and is up by 7.27% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 643 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $74.45 million.

The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $53.89 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Unum Group stock with a 90% probability to be traded between $47.86 and $53.41 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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UNM Signals & Forecast

The Unum Group stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $53.34 and $51.38. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, July 17, 2024, and so far it has fallen -0.148%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Unum Group stock

Unum Group finds support from accumulated volume at $51.87 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.690 (1.29%) between high and low. For the last week, the stock has had daily average volatility of 1.68%.

Our recommended stop-loss: $51.89 (-3.61%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 24 days ago.)

Trading Expectations (UNM) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Unum Group to open at $53.79, and during the day (based on 14 day Average True Range), to move between $52.97 and $54.69, which gives a possible trading interval of +/-$0.86 (+/-1.60%) up or down from last closing price. If Unum Group takes out the full calculated possible swing range there will be an estimated 3.20% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $53.86 (0.06%) than the support at $51.87 (3.64%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Earnings coming up

Unum Group will release earnings AMC on Tuesday, July 30, 2024.The consensus among the analysts for the expected earnings (EPS) is $2.02. We will update the financials statements for Unum Group, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.60% in the first trading day after earnings release.

Is Unum Group stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Unum Group stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.124 Buy Candidate Upgraded

Predicted Opening Price for Unum Group of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$53.79 ( 0.0681%) $53.83

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for UNM

Fibonacci Support & Resistance Levels

Level Price
R3 54.48 1.21%
R2 54.22 0.724%
R1 54.06 0.422%
Price 53.83
S1 53.53 -0.558%
S2 53.37 -0.86%
S3 53.10 -1.35%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 53.91 0.149%
R1 53.86 0.0557%
Price 53.83
S1 51.87 -3.64%
S2 51.11 -5.05%
S3 49.81 -7.47%

UNM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 26, 2024 Jul 26, 2024 Aug 16, 2024 $0.420 0.780%
2 Apr 25, 2024 Apr 25, 2024 May 17, 2024 $0.365 0.688%
3 Jan 12, 2024 Jan 25, 2024 Feb 16, 2024 $0.365 0.749%
4 Oct 13, 2023 Oct 26, 2023 Nov 17, 2023 $0.365 0.86%
5 Jul 14, 2023 Jul 27, 2023 Aug 18, 2023 $0.365 0.748%

FAQ

What is the symbol for Unum Group Stock and on which exchange is it traded?
The symbol for Unum Group is UNM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Unum Group Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Unum Group stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Unum Group Stock?
Unum Group Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Unum Group Stock.

What's the current price of Unum Group Stock?
As of the end of day on the Jul 22, 2024, the price of an Unum Group (UNM) share was $53.83.

What is the 52-week high and low for Unum Group Stock?
The 52-week high for Unum Group Stock is $54.66 and the 52-week low is $41.75.

What is the market capitalization of Unum Group Stock?
As of the Jul 22, 2024, the market capitalization of Unum Group is 10.194B.

When is the next earnings date for Unum Group?
The upcoming earnings date for Unum Group is Jul 30, 2024.
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About Unum Group

Unum Group Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, and Poland. It operates through Unum US, Unum International, Colonial Life, and Closed Block segments. The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, such as individual disability, voluntary be... UNM Profile

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