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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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Stock Analysis
Risk Assessment
Trading Strategy

Red day on Friday for Unum Group
(Updated on Jun 14, 2024)

Sell candidate since Jun 11, 2024 Loss -3.06% PDF

The Unum Group stock price fell by -2.53% on the last day (Friday, 14th Jun 2024) from $49.74 to $48.48. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 2.56% from a day low at $48.41 to a day high of $49.65. The price has fallen in 9 of the last 10 days and is down by -9.99% for this period. Volume has increased on the last day by 411 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 million shares were bought and sold for approximately $48.50 million.

The stock has broken the horizontal trend down. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately $49.23 is considered to be a "second chance" to get out before further fall. It is, however, important to note that false breaks may appear and that the price may move back into the horizontal trend. A break on increasing volume is considered to be more significant and reliable than breaks on low volume.

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UNM Signals & Forecast

There are few to no technical positive signals at the moment. The Unum Group stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $50.40 and $52.01. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 31, 2024, and so far it has fallen -9.99%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Unum Group stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

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 $1.24 (2.56%) between high and low. For the last week, the stock has had daily average volatility of 1.80%.

Unum Group is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (UNM) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Unum Group to open at $48.85, and during the day (based on 14 day Average True Range), to move between $47.63 and $49.33, which gives a possible trading interval of +/-$0.85 (+/-1.75%) up or down from last closing price. If Unum Group takes out the full calculated possible swing range there will be an estimated 3.49% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $51.69, some $3.21 (6.62%) from the current price of $48.48, our system finds the risk reward not very attractive.

Is Unum Group stock A Buy?

Unum Group holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.381 Sell Candidate Unchanged

Predicted Opening Price for Unum Group of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
$48.85 ( 0.756%) $48.48

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 50.09 3.31%
R2 49.61 2.34%
R1 49.32 1.73%
Price 48.48
S1 48.37 -0.221%
S2 48.08 -0.82%
S3 47.61 -1.80%

Accumulated Volume Support & Resistance Levels

Level Price
R3 52.40 8.09%
R2 51.87 6.99%
R1 51.69 6.62%
Price 48.48
S1 0 -
S2 0 -
S3 0 -

UNM Dividend Payout History

# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 25, 2024 Apr 25, 2024 May 17, 2024 $0.365 0.688%
2 Jan 12, 2024 Jan 25, 2024 Feb 16, 2024 $0.365 0.749%
3 Oct 13, 2023 Oct 26, 2023 Nov 17, 2023 $0.365 0.86%
4 Jul 14, 2023 Jul 27, 2023 Aug 18, 2023 $0.365 0.748%
5 Apr 14, 2023 Apr 27, 2023 May 19, 2023 $0.330 0.712%


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?
Unum Group holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

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 Jun 14, 2024, the price of an Unum Group (UNM) share was $48.48.

What is the 52-week high and low for Unum Group Stock?
The 52-week high for Unum Group Stock is $54.57 and the 52-week low is $41.75.

What is the market capitalization of Unum Group Stock?
As of the Jun 14, 2024, the market capitalization of Unum Group is 9.181B.

When is the next earnings date for Unum Group?
The upcoming earnings date for Unum Group is Aug 06, 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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