UNITEDHEALTH GROUP INC (UNH)

US91324P1021 - Common Stock

503.21  +2.25 (+0.45%)

After market: 503.21 0 (0%)

Technical Rating and Analysis

3

Taking everything into account, UNH scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. UNH was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, UNH is a bad performer in the overall market: 65% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month UNH has a been trading in the 436.38 - 507.30 range, which is quite wide. It is currently trading near the high of this range.
UNH has an average volume of 4745250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
UNH is an average performer in the Health Care Providers & Services industry, it outperforms 58% of 118 stocks in the same industry.
UNH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UNH is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
UNH Weekly chart
UNH Daily chart
Setup Rating and Analysis

3

The technical rating of UNH is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

447.54

558.51

We found 1 important support area.

  • Support @452.06 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 503.77 to 505.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @539.40 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 548.32 to 552.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.52
Mansfield-1.08
10 Day High507
10 Day Low477.07
20 Day High507.3
20 Day Low436.38
52 Week High554.7
52 Week Low436.38
Performance
1 Week3.95%
2 Weeks3.26%
1 Month11.81%
3 Month-2.9%
6 Month-7.02%
12 Month2.44%
2 Year1.29%
3 Year22.16%
5 Year108.11%
10 Year531.94%
15 Year1791.77%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)2.34
RSI(14)62.26
LBB480.58
UBB504.55
UNH Daily chart

UNITEDHEALTH GROUP INC

NYSE:UNH (5/8/2024, 7:24:23 PM)

After market: 503.21 0 (0%)

503.21

+2.25 (+0.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.45%
1 Week3.95%
2 Weeks3.26%
1 Month11.81%
3 Month-2.9%
6 Month-7.02%
12 Month2.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)8.61
ATR(20)%2.2%
ATR Inc
Range Today6.93
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High507
10 Day Low477.07
20 Day High507.3
20 Day Low436.38
52 Week High554.7
52 Week Low436.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.08M
Volume Incr-42.78%
Vol(5)2.98M
Vol(50)4.75M