UNITEDHEALTH GROUP INC (UNH)

US91324P1021 - Common Stock

493.79  -2.43 (-0.49%)

Technical Rating and Analysis

2

Taking everything into account, UNH scores 2 out of 10 in our technical rating. UNH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
UNH has an average volume of 4253670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, UNH turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
UNH is an average performer in the Health Care Providers & Services industry, it outperforms 64% of 115 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.
In the last month UNH has a been trading in the 473.27 - 528.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
UNH Weekly chart
UNH Daily chart
Setup Rating and Analysis

5

UNH has a poor technical rating and the quality of the setup is also only medium 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

478.86

558.51

When analyzing the support we notice one important area.

  • A support zone ranging from 483.70 to 491.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 495.16 to 497.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 520.26 to 527.24. 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
CRS60.67
Mansfield-1.39
10 Day High509.1
10 Day Low473.27
20 Day High528.16
20 Day Low473.27
52 Week High554.7
52 Week Low436.38
Performance
1 Week-1.83%
2 Weeks-1.48%
1 Month-3.03%
3 Month1.1%
6 Month-6.57%
12 Month8.23%
2 Year-3.39%
3 Year23.92%
5 Year103.36%
10 Year507%
15 Year1886.47%
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
RSI(14)47.52
LBB478.83
UBB521.41
UNH Daily chart

UNITEDHEALTH GROUP INC

NYSE:UNH (6/12/2024, 10:30:04 AM)

493.79

-2.43 (-0.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.49%
1 Week-1.83%
2 Weeks-1.48%
1 Month-3.03%
3 Month1.1%
6 Month-6.57%
12 Month8.23%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)10.64
ATR(20)%2.01%
ATR Inc
Range Today7.54
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 High509.1
10 Day Low473.27
20 Day High528.16
20 Day Low473.27
52 Week High554.7
52 Week Low436.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume731.41K
Volume Incr-4.25%
Vol(5)3.25M
Vol(50)4.25M