United Fire Group Inc

UFCS remains in a medium-term advancing regime with an intact higher-high/higher-low structure under a Stage 2 uptrend. A mid-July support failure shows corrective pressure, but price holds above the rising 50DMA. Short-term execution is unfavorable as price trades below flat 9/21EMAs, so we defer entry until moving-average acceptance confirms resumption. Overall bias remains bullish with medium confidence, awaiting a cleaner pullback resolution near zone support.

• ↑Q1 net written premiums rose 14% YoY to $373 M, marking a record high
• ↑Combined ratio improved to 96.4%, reflecting disciplined underwriting and cost control
• ↓Intensified competition has moderated property renewal rates, pressuring pricing