UNITEDHEALTH GROUP INC (UNH) Technical Analysis
NYSE:UNH • US91324P1021
Current stock price
259.02 USD
-9.03 (-3.37%)
At close:
257.51 USD
-1.51 (-0.58%)
After Hours:
UNH Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to UNH. UNH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, UNH is a bad performer in the overall market: 90% of all stocks are doing better.
- UNH is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, of which 73% are performing better than UNH.
- UNH is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so UNH is lagging the market.
- In the last month UNH has a been trading in the 255.97 - 295.31 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- UNH has an average volume of 10449300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
UNH Weekly and Daily overview Charts
UNH Setup Rating and Analysis
The technical rating of UNH is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
UNH Support and Resistance Analysis
256.43
366.13
We can see 5 important resistance areas.
- A resistance zone ranging from 272.31 to 275.29. 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 291.29 to 294.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @302.87 from a trend line in the weekly time frame.
- Resistance @348.03 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 | 10.09 | NEGATIVE | UNH has a low relative strength, it was outperformed by 89.91% 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) | 30.8 | NEUTRAL | The RSI value for UNH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.55 | NEGATIVE | The MACD value suggests UNH has a negative trend. |
| Stochastics (14,3) | 9.24 | OVERSOLD | The low Stochastics value suggests UNH may be oversold. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for UNH suggests some volalility. |
| Average Directional Index/ADX (14) | 33.01 | 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
259.02
-9.03 (-3.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-3.37%
1 Week-6.01%
2 Weeks-8.18%
1 Month-11.68%
3 Month-21.94%
6 Month-24.72%
12 Month-49.81%
2 Year-47.64%
3 Year-45.19%
5 Year-30.38%
10 Year100.95%
15 Year473.05%
Volatility
ATR(14)7.77
ATR(20)%2.99%
ATR Inc29.91%
Range Today11.71
ADR(20)7.55
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.09
3 months CRS19.11
6 months CRS21.33
Mansfield-2.17
10 Day High288.99
10 Day Low255.97
20 Day High295.31
20 Day Low255.97
52 Week High606.36
52 Week Low234.6
CS1 EndN/A
CR1 Start272.31
Volume & EV
DER(3)-0.7%
DER(5)-0.41%
Volume10.74M
Volume Incr-8.79%
Vol(5)8.28M
Vol(50)10.45M
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 30.7989. 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 272.31. Check the full technical report for our detailed analysis of UNH support and resistance levels.