NYSE trade advice (C): US insurance stock | 4-6% gain | USA stock trading signal on 13 Nov 2024

Date
November 13, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NYSE, United States of America

Short Term Trading Advice in USA

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Unum Group
  • 69 – 71
  • 74 – 75
  • Below 67
  • 4% – 6%
  • 12 - 14 Days
  • Buy
    Unum Group
  • Buy
    Range
    69 – 71
  • Target
    74 – 75
  • Stoploss
    Below 67
  • Upside
    Potential
    4% – 6%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    Unum Group (NYSE: UNM) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • UNM
  • Unum Group
  • Insurance
  • 71.42
  • 41.86
  • NYSE code UNM
  • Stock Name Unum Group
  • Sector Insurance
  • 52 Weeks High 71.42
  • 52 Weeks Low 41.86
  • Unum Group (NYSE: UNM) vs NYSE - Relative Strength Comparison

    The image highlights Unum Group's performance over the last year versus NYSE.
    Relative Performance - Last 1 Year
    UNUM —   NYSE —

  • Unum Group (NYSE: UNM) - Technical Analysis (Daily)

    Unum Group - Technical Analysis chart on Daily Price and Volume
    Unum Group - Technical Analysis chart on Daily Price and Volume

    • The stock price previously consolidated, and after surpassing its established range, it experienced a initial surge but encountered resistance around the 58 level.
    • After pulling back to the previous breakout level, the price continued its upward trend and is currently at an all-time high.
    • This rally is expected to persist, pushing the price to even higher levels in the future.
  • Unum Group (NYSE: UNM) - RSI Indicator

    Unum Group stock analysis based on RSI indicator
    Unum Group - RSI indicator

    • Current RSI of this stock is 80.03, which indicates the strength of buyers.

  • Unum Group (NYSE: UNM) - ADX & DI Indicator

    Unum Group stock analysis based on ADX & DI indicator
    Unum Group - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Unum Group (NYSE: UNM) - MACD Indicator

    Unum Group stock analysis based on MACD indicator
    Unum Group - MACD indicator

    • MACD line has just crossed the signal line from the below, generates bullish signal.

  • Conclusion - Unum Group (NYSE: UNM) Stock Price Forecast

    Based on our recommendation for Wall street stocks in NYSE & NASDAQ, Unum Group stock price target will be USD 74 - USD 75 in the next 12-14 trading sessions.

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    Target hit. Trade closed.

    13 Nov 2024
    21 Nov 2024
    21 Nov 2024
    7 days
    Loss per
    100,000 SAR
    Stop-loss
    67
    Buy Advice
    13 Nov 2024
    69 - 71
    Target 1
    21 Nov 2024
    74
    Target 2
    21 Nov 2024
    75
    Profit per
    100,000 SAR
    7 days
    6,082
    67
    69 - 71
    74
    75
    6,082
    13 Nov 2024
    21 Nov 2024
    21 Nov 2024
    7 days
    Loss per
    100,000 SAR
    Stop-loss
    67
    Buy Advice
    13 Nov 2024
    69 - 71
    Target 1
    21 Nov 2024
    74
    Target 2
    21 Nov 2024
    75
    Profit per
    100,000 SAR
    7 days
    6,082
    67
    69 - 71
    74
    75
    6,082
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Unum Group
  • 69 – 71
  • 74 – 75
  • Below 67
  • 4% – 6%
  • 12 - 14 Days
  • Buy Unum Group
  • Buy
    Range
    69 – 71
  • Target 74 – 75
  • Stoploss Below 67
  • Upside
    Potential
    4% – 6%
  • Trade
    Duration
    12 - 14 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Unum Group
  • 69 – 71
  • 74 – 75
  • Below 67
  • 4% – 6%
  • 12 - 14 Days
  • Buy
    Unum Group
  • Buy
    Range
    69 – 71
  • Target
    74 – 75
  • Stoploss
    Below 67
  • Upside
    Potential
    4% – 6%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Unum Group (NYSE: UNM) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • UNM
  • Unum Group
  • Insurance
  • 71.42
  • 41.86
  • NYSE code UNM
  • Stock Name Unum Group
  • Sector Insurance
  • 52 Weeks High 71.42
  • 52 Weeks Low 41.86
  • Company profile

    Unum Group and its subsidiaries offer financial protection solutions mainly in the U.S., U.K., Poland, and globally. It operates through Unum US, Unum International, Colonial Life, and Closed Block segments. The company provides group long-term and short-term disability, group life, and accidental death products, along with supplemental options like individual disability, voluntary benefits, and dental and vision coverage. Additionally, it offers accident, sickness, disability, life, cancer, and critical illness products, as well as group pensions, individual life, corporate-owned life insurance, and reinsurance services. Unum primarily markets its products to employers for employee benefits through field sales, independent brokers, and consultants. Founded in 1848, Unum Group is headquartered in Chattanooga, Tennessee.

  • Unum Group (NYSE: UNM) vs NYSE - Relative Strength Comparison

    The image highlights Unum Group's performance over the last year versus NYSE.
    Relative Performance - Last 1 Year
    UNUM —   NYSE —

  • Unum Group (NYSE: UNM) - Technical Analysis (Daily)

    Unum Group - Technical Analysis chart on Daily Price and Volume
    Unum Group - Technical Analysis chart on Daily Price and Volume

    • The stock price previously consolidated, and after surpassing its established range, it experienced a initial surge but encountered resistance around the 58 level.
    • After pulling back to the previous breakout level, the price continued its upward trend and is currently at an all-time high.
    • This rally is expected to persist, pushing the price to even higher levels in the future.
  • Unum Group (NYSE: UNM) - RSI Indicator

    Unum Group stock analysis based on RSI indicator
    Unum Group - RSI indicator

    • Current RSI of this stock is 80.03, which indicates the strength of buyers.

  • Unum Group (NYSE: UNM) - ADX & DI Indicator

    Unum Group stock analysis based on ADX & DI indicator
    Unum Group - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Unum Group (NYSE: UNM) - MACD Indicator

    Unum Group stock analysis based on MACD indicator
    Unum Group - MACD indicator

    • MACD line has just crossed the signal line from the below, generates bullish signal.

  • Conclusion - Unum Group (NYSE: UNM) Stock Price Forecast

    Based on our recommendation for Wall street stocks in NYSE & NASDAQ, Unum Group stock price target will be USD 74 - USD 75 in the next 12-14 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website