UNITEDHEALTH GROUP INC (UNH) Technical Analysis
NYSE:UNH • US91324P1021
Current stock price
275.59 USD
-4.85 (-1.73%)
At close:
278.111 USD
+2.52 (+0.91%)
After Hours:
UNH Technical Rating and Analysis
Taking everything into account, UNH scores 0 out of 10 in our technical rating. UNH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 89% of all other stocks performed better in the past year than UNH.
- UNH is one of the lesser performing stocks in the Health Care Providers & Services industry. 71% of 101 stocks in the same industry do better.
- UNH is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UNH is lagging the market.
- UNH has an average volume of 10174800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month UNH has a been trading in the 271.80 - 295.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UNH Weekly and Daily overview Charts
UNH Setup Rating and Analysis
UNH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
UNH Support and Resistance Analysis
272.83
366.13
When analyzing the resistance we notice 6 important areas.
- Resistance @275.71 from a trend line in the daily time frame.
- A resistance zone ranging from 281.85 to 284.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 293.19 to 299.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @308.80 from a trend line in the weekly time frame.
- Resistance @348.96 from a trend line in the daily time frame.
- Resistance @362.50 from a horizontal line in the weekly time frame.
UNH Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for UNH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UNH is down. |
| ChartMill Relative Strength | 11.44 | NEGATIVE | UNH has a low relative strength, it was outperformed by 88.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UNH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UNH is below a declining 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) | 39.72 | NEUTRAL | The RSI value for UNH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests UNH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 22.38 | NEUTRAL | The Stochastics value for UNH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for UNH suggests some volalility. |
| Average Directional Index/ADX (14) | 29.27 | POSITIVE | The high ADX value value for UNH suggests a strong trend. |
UNH Chart- and CandleStick Pattern Analysis
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)
UNH Technicals: Chart, Performance Metrics, Trend & Indicators
275.59
-4.85 (-1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-1.73%
1 Week-2.3%
2 Weeks-3.8%
1 Month-4.97%
3 Month-15.83%
6 Month-18.15%
12 Month-46.68%
2 Year-44.29%
3 Year-41.69%
5 Year-25.93%
10 Year113.8%
15 Year509.71%
Volatility
ATR(14)7.24
ATR(20)%2.94%
ATR Inc4.96%
Range Today8.1
ADR(20)7.71
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.44
3 months CRS22.91
6 months CRS25.27
Mansfield-2.01
10 Day High288.99
10 Day Low275
20 Day High295.31
20 Day Low271.8
52 Week High606.36
52 Week Low234.6
CS1 EndN/A
CR1 Start275.71
Volume & EV
DER(3)-0.49%
DER(5)0.05%
Volume38.89M
Volume Incr51.88%
Vol(5)11.92M
Vol(50)10.17M
UNITEDHEALTH GROUP INC / UNH TA FAQ
Can you provide the ChartMill technical rating for UNITEDHEALTH GROUP INC?
ChartMill assigns a technical rating of 0 / 10 to UNH.
Can you provide the trend direction for UNITEDHEALTH GROUP INC?
The current trend direction for UNITEDHEALTH GROUP INC (UNH) is Bearish.
Can you provide the RSI signal for UNITEDHEALTH GROUP INC?
UNITEDHEALTH GROUP INC (UNH) has an RSI value of 39.7153. This indicates that the stock is currently neutral.
What is the buy/sell signal for UNITEDHEALTH GROUP INC (UNH) stock?
The buy/sell signal for UNITEDHEALTH GROUP INC (UNH) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for UNITEDHEALTH GROUP INC?
UNITEDHEALTH GROUP INC (UNH) has a resistance level at 275.71. Check the full technical report for our detailed analysis of UNH support and resistance levels.