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UNUMPROVIDENT CORP
(UNM-NYSE):
Technical Viewpoint: From a low
of $25.98 on Jan 2, 2002 prices
rallied, reaching a
high of $28.39
on Jan 3, 2002. A
decline saw prices pull back, reaching a
low of
$26.75 on Feb 6, 2002.
Another rally saw prices penetrate
resistance, closing 2/14/02
at $29.27. Technicals: MACD Index (MACD): A Buy Alert!
was given on Feb 14, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $27.25. Resistance: Is at $30.85.
Point & Figure: Reversed to the upside on Feb 13, 2002. A P&F upside
reversal takes place at $28.50. Summary: Technical indicators have turned bullish. BUY! UNUMPROVIDENT CORP
(UNM-NYSE) @ $29.38 Stop: Use a protective stop of $27.38.
UNUMPROVIDENT CORP is currently trading @ $29.27 plus $0.61 on Feb 14, 2002. Price Objective:
$38.00. Risk/Reward: $2.00 VS. $8.62. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$38.00
Risk/Reward:
$2.00 VS. $8.62
Risk/Reward Ratio:
4:1
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