USA - NYSE:UNH - US91324P1021 - Common Stock
Overall UNH gets a technical rating of 6 out of 10. UNH has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, UNH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
331.29
We found 1 important support area.
4 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for UNH is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UNH is up. |
ChartMill Relative Strength | 26.47 | NEGATIVE | UNH has a low relative strength, it was outperformed by 73.53% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UNH is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UNH is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UNH is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 57.71 | NEUTRAL | The RSI value for UNH is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.89 | NEGATIVE | The MACD value suggests UNH has a negative trend. |
Stochastics (14,3) | 47.97 | NEUTRAL | The Stochastics value for UNH is a neutral value. |
Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for UNH suggests some volalility. |
Average Directional Index/ADX (14) | 35.42 | POSITIVE | The high ADX value value for UNH suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
360.76 | 350.82 | 9.94 (2.76%) | 25.00% |
An entry @360.76. This is a Buy Stop order right above the resistance zone. | An exit @350.82. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.94 points, which is 2.76%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
356.6
-0.07 (-0.02%)