|
UNUMPROVIDENT CORP
(UNM-NYSE):
Technical Viewpoint: From a low
of $24.26 on Feb 20, 2001 prices
rallied, reaching a
high of $28.50
on Mar 6, 2001. A
decline saw prices pull back, reaching a
low of
$26.26 on Mar 15, 2001.
Another rally saw prices penetrate
resistance, closing 3/16/01
at $27.60. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 8, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $26.50. Resistance: Is at $28.50.
Point & Figure: Reversed to the upside on Feb 28, 2001. A P&F upside
reversal takes place at $25.00. Summary: Technical indicators have turned bullish. BUY! UNUMPROVIDENT CORP
(UNM-NYSE) @ $27.75 Stop: Use a protective stop of $25.75.
UNUMPROVIDENT CORP is currently trading @ $27.60 plus $.58 on Mar 16, 2001. Price Objective:
$39.75. Risk/Reward: $2.00 VS. $12.00. Today's Risk Reward Ratio: 6:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$39.75
Risk/Reward:
$2.00 VS. $12.00
Risk/Reward Ratio:
6:1
|
