United Insurance - Barchart's Chart of the Day

United Insurance Holdings (UIHC) is the Barchart Chart of the Day.  The property and causality insurance company has a Trend spotter buy signal, a Weighted Alpha of 107.00+. gained 93.29% in the last year and paid a .67% dividend.

The Chart of the Day belongs to United Insurance Holdings (UIHC).  I found the stock by sorting the All Time High list for the stocks with the best technical buy signals then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 10/16 the stock gained 50.09%.

United Insurance Holdings Corp., together with its subsidiaries, operates as a property and casualty insurance company. It primarily offers homeowners and dwelling fire insurance policies, as well as provides flood insurance through the National Flood Insurance Program. From its headquarters in St. Petersburg, United's team of dedicated employees manages a completely integrated insurance company, including sales, underwriting, policyholder service and claims. It principally markets its products through insurance agents.

Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.



Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter by signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 20.02% in the last month
• Relative Strength Index 77.78%
• Barchart computes a technical support level at 23.23
• Recently traded at 25.33 with a 50 day moving average of 20.96

Fundamental factors:

• Market Cap $527.67 million
• P/E 12.15
• Dividend yield .67%
• Revenue expected to grow 41.10% this year and another 27.60% next year
• Earnings are estimated to increase 56.30% this year and continue to compound at an annual rate of 20.00% for the next 5 years
• Wall Street analysts issued 1 strong buy, 1 buy and 2 hold recommendations on the stock

The 50-100 day MACD Oscillator has been a reliable technical trading strategy for this stock and should be used to determine enter and exit points