UNM – Unum Group
A multi-line financial breaking out
UNM – Unum Group
Date: 9 June 2026
Sector: Finance / Multi-Line Insurance
Exchange: New York Stock Exchange
TradingView link: 1M candles & 1D candles
Long-term structure
Unum Group first floated back in 1987 at around $6.58.
At the close on 8 June 2026, the stock was trading around $88.
After the stock first floated, it fell back towards $3.82, but that marked the all-time low in the share price.
After that, the stock began a very orderly advance.
It made a series of higher highs and higher lows, culminating in its highest print during that phase, which came in December 1998.
The top of the first pink box marks the peak at around $62.62.
After that, the stock entered a huge sideways period.
From January 1999 through October 2024, UNM moved sideways between roughly $62 on the upside and $6.11 on the downside.
That is a very long period of base building.
Lower timeframe / recent structure
Dropping down to the daily timeframe, we can see the second pink box.
From December 2024 through to June 2026, the stock continued to move sideways inside this smaller range.
This second box was capped around $84 on the top side and $67 on the downside.
What makes the stock interesting now is that the price has started to break above this second pink box.
So far, UNM has had two clean closes above the box.
I am now waiting for the third clean close to confirm that the trend is likely to continue upwards, rather than falling back into the top-right of the pink box.
After that, the preferred entry would be either a pullback on the 4-hour chart or a retest of the top of the box, where previous resistance becomes support.
Entry trigger:
Three clean closes above the second pink box.
After that, look for either:
A pullback on the 4-hour chart.
OR
A retest of the top of the box, with previous resistance becoming support.
Initial stop loss:
Last 4-hour swing low.
Multi-timeframe correlation:
3M: Blue candle, having just been grey
1M: Blue candle
1W: Blue candle
1D: Blue candle
4H: Blue candle
When should I tighten the stop-loss?
Tighten the stop loss as a clearer structure appears on the 4-hour timeframe.
When do I add to the position?
Add to the position as the stock moves into the next higher wave and turns from grey to blue on the 4-hour timeframe, assuming the structure remains intact.
Potential target range:
$105
Activated price targets:
1
Am I in this trade?
Yes
Current R multiple:
+0.2R