• Return to Headlines

Bullish Moving Average Cross by Unum Group (UNM)

By David Diaz

Unum Group (NYSE:UNM) crossed over its 10-day moving average of $35.26 on a volume of 182K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Unum Group share prices have moved between a 52-week high of $38.15 and a 52-week low of $23.99 and are now trading 48% above that low price at $35.52 per share. The 200-day and 50-day moving averages have moved 0.17% lower and 1.50% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Unum Group on July 29th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $33.49. Since that recommendation, shares of Unum Group have risen 4.5%. We continue to monitor UNM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses unum group

Ticker(s): UNM