Summary

• 100% technical buy signals.
• 8 new highs and up 5.27% in the last month.
• Analysts' price targets from 36.00 to 50.00.

The Chart of the Day belongs to the insurance group  Unum (UNM). I found the stock by sorting Barchart's Top Stocks to Own list of highest Barchart opinion first by the closest to its 52week high, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 10/4 the stock gained 1.96%.

UNM Price vs Daily Moving Averages ( )

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 benefits, and dental and vision products; and accident, sickness, disability, life, and cancer and critical illness products. It also provides group pensions, individual life, and corporate-owned life insurance, reinsurance pools and management operations, and other products. The company sells its products primarily to employers for the benefit of employees. Unum Group sells its products through field sales personnel, independent brokers, consultants, and independent contractor agency sales force. The company was founded in 1848 and is based in Chattanooga, Tennessee. 

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart Technical Indicators:

• 100% technical buy signals but increasing
• 60.15+ Weighted Alpha
• 53.31% gain in the last year
• Trend Spotter buy signal
• Above its 20, 50, and 100 day moving averages
• 8 new highs and up 5.27% in the last month
• Relative Strength Index 61.96%
• The technical support level at 41.32
• Recently traded at 42.13 with 50 day moving average of 39.44

Fundamental factors:

• Market Cap $8.54 billion
• P/E 7.83
• Dividend yield 3.09%
• Revenue is expected to increase 1.00% this year and another 2.50% next year
• Earnings are estimated to increase by 41.00% this year, an additional 1.00% next year, and continue to compound at an annual rate of 14.89% for the next 5 years

Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:

• Wall Street analysts have 3 strong buy, 7 hold, and 1 sell opinion on the stock
• Analysts' price targets from 36.00 to 50.00 with an average of 40.85
• The individual investors following the stock on Motley Fool agree and voted 157 to 16 that the stock will beat the market and the more experienced investors vote for the same results with a 30 to 3 vote
• 16,830 investors are monitoring the stock on Seeking Alpha

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