Unum Technical Analysis (NYSE:UNM)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. A UNM stock chart pattern can give those who understand technical analysis an indication of which way UNM stock is headed, but cannot predict with 100% certainty as to what can happen to the Unum stock price.
See Unum bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of Unum stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Unum Moving Average:
Moving averages show the UNM stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A key factor that impacts moving averages is the lag factor. The 20 day moving average of $48.5 is below the price of $50.39.
Unum Bollinger Bands:
Bollinger bands comprise of a center line usually UNM SMA, and two UNM stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Unum bollinger bands show that the stock price is $50.39, upper band is 26.75, lower band is 25.46, and the average is 26.11.
Unum Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Unum MACD indicator can be used to identify bullish and bearish trends for the stock.
Unum Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. 71.85 is the RSI value of UNM stock. .