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Bullish Moving Average Cross by Unum Group (UNM)

By Amy Schwartz

Unum Group (NYSE:UNM) crossed over its 10-day moving average of $27.74 on a volume of 110K 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.

In the past 52 weeks, shares of Unum Group have traded between a low of $24.71 and a high of $40.63 and are now at $28.00, which is 13% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.2%.

SmarTrend is monitoring the recent change of momentum in Unum Group. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Unum Group in search of a potential trend change.

Keywords: moving crosses unum group

Ticker(s): UNM