UNITEDHEALTH GROUP INC (UNH)

US91324P1021 - Common Stock

569.72  +10.04 (+1.79%)

After market: 569.78 +0.06 (+0.01%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to UNH. Although UNH is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
UNH is part of the Health Care Providers & Services industry. There are 117 other stocks in this industry. UNH outperforms 70% of them.
UNH is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so UNH is leading the market.
UNH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
UNH has an average volume of 4357580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that UNH is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Weekly and Daily overview Charts
UNH Weekly chart
UNH Daily chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, UNH also presents a decent setup pattern. Prices have been consolidating lately.

Support and Resistance Analysis

478.86

579.02

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 554.69 to 556.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 504.29 to 516.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 483.70 to 493.40. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 569.73 to 573.29. 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
CRS77.51
Mansfield-0.1
10 Day High581.5
10 Day Low513.8
20 Day High581.5
20 Day Low484.5
52 Week High581.5
52 Week Low436.38
Performance
1 Week0.78%
2 Weeks11.38%
1 Month17.12%
3 Month15.01%
6 Month13.22%
12 Month13.28%
2 Year5.05%
3 Year38.21%
5 Year128.79%
10 Year602.92%
15 Year1930.36%
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)4.09
RSI(14)71.6
LBB484.95
UBB597.7
UNH Daily chart

UNITEDHEALTH GROUP INC

NYSE:UNH (7/26/2024, 6:06:57 PM)

After market: 569.78 +0.06 (+0.01%)

569.72

+10.04 (+1.79%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.79%
1 Week0.78%
2 Weeks11.38%
1 Month17.12%
3 Month15.01%
6 Month13.22%
12 Month13.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)14.5
ATR(20)%2.39%
ATR Inc
Range Today19.13
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 High581.5
10 Day Low513.8
20 Day High581.5
20 Day Low484.5
52 Week High581.5
52 Week Low436.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.20M
Volume Incr-44.22%
Vol(5)3.12M
Vol(50)4.36M