UNITEDHEALTH GROUP INC (UNH) Technical Analysis
NYSE:UNH • US91324P1021
Current stock price
UNH Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to UNH. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, UNH is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- UNH is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 71% of 100 stocks in the same industry.
- UNH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UNH is lagging the market slightly.
- In the last month UNH has a been trading in the 270.76 - 370.84 range, which is quite wide. It is currently trading near the high of this range.
- UNH has an average volume of 8866740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, UNH outperforms 63% of them, which is more or less in line with the market.
UNH Weekly and Daily overview Charts
UNH Setup Rating and Analysis
Although UNH has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
UNH Support and Resistance Analysis
259.25
We found 1 important support area.
- A support zone ranging from 261.87 to 262.14. 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 370.75 to 370.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for UNH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UNH is up. |
| ChartMill Relative Strength | 63.64 | NEUTRAL | UNH is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of UNH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 85.23 | OVERBOUGHT | The high RSI value suggests UNH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5 | POSITIVE | The MACD value suggests UNH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.2 | OVERBOUGHT | The high Stochastics value suggests UNH may be overbought. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for UNH suggests some volalility. |
| Average Directional Index/ADX (14) | 49.9 | POSITIVE | The high ADX value value for UNH suggests a strong trend. |
UNH Chart- and CandleStick Pattern Analysis
UNH Technicals: Chart, Performance Metrics, Trend & Indicators
370.74
+3.97 (+1.08%)
UNITEDHEALTH GROUP INC / UNH TA FAQ
Can you provide the ChartMill technical rating for UNITEDHEALTH GROUP INC?
ChartMill assigns a technical rating of 8 / 10 to UNH.
Can you provide the trend direction for UNITEDHEALTH GROUP INC?
The current trend direction for UNITEDHEALTH GROUP INC (UNH) is Bullish.
What is the RSI signal for UNH stock?
UNITEDHEALTH GROUP INC (UNH) has an RSI value of 85.2337. This indicates that the stock is currently overbought.
Can you provide the short term momentum for UNITEDHEALTH GROUP INC?
The short term momentum for UNITEDHEALTH GROUP INC (UNH) is positive.
What is the buy/sell signal for UNH stock?
The buy/sell signal for UNITEDHEALTH GROUP INC (UNH) is buy as both the short term and long term trends are positive.