Unum Shows Rising Relative Strength; Still Shy Of Key Benchmark
The Relative Strength (RS) Rating for Unum headed into a new percentile Friday, as it got a lift from 63 to 72.
As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.
This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best stocks tend to have an 80 or higher RS Rating in the early stages of their moves. See if Unum can continue to show renewed price strength and clear that threshold.
Unum is working on a consolidation with a 32.08 entry. See if it can clear the breakout price in heavy trading.
Earnings growth rose in the company's latest report from -23% to 13%, but the top line fell from 7% to -1%. The next quarterly results are expected on or around Oct. 27.
Unum holds the No. 3 rank among its peers in the Insurance-Accident & Healthcare industry group. AFLAC and Unum are also among the group's highest-rated stocks.