Unum Group is an insurance holding company. Through its subsidiaries, Co. is a provider of financial protection benefits. Co. business segments are: Unum US, which includes group disability, group life and accidental death and dismemberment, and supplemental and voluntary lines of business; Unum International, which includes long-term disability, group life, and supplemental lines of business which include dental, individual disability, and critical illness products; and Colonial Life, which includes accident, sickness, and disability products consisting of dental and vision products, life products, and cancer and critical illness products.
When researching a stock like Unum Group, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from UNM Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for UNM stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the UNM 200 day moving average ("UNM 200 DMA"), while one of the most popular "shorter look-backs" is the UNM 50 day moving average ("UNM 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Unum Group. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the UNM 200 DMA and the UNM 50 DMA, we get a moving average convergence divergence indicator ("UNM MACD"). The UNM MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |