UNITEDHEALTH GROUP INC (UNH)

US91324P1021 - Common Stock

565.34  +2.38 (+0.42%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to UNH. In the last year, UNH was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.

72% of all other stocks performed better in the past year than UNH.
UNH is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
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.
UNH has an average volume of 3000560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
UNH is an average performer in the Health Care Providers & Services industry, it outperforms 53% of 115 stocks in the same industry.
Weekly and Daily overview Charts
UNH Weekly chart
UNH Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, UNH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 565.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 562.95, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

488.47

611.46

We found 2 important support areas.

  • A support zone ranging from 556.28 to 562.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @493.40 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 565.66 to 605.41. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS28.7
Mansfield-0.49
10 Day High579.28
10 Day Low558.72
20 Day High608.63
20 Day Low543
52 Week High608.63
52 Week Low436.38
Performance
1 Week-0.3%
2 Weeks-1.47%
1 Month-4.96%
3 Month-4.56%
6 Month14.32%
12 Month6.04%
2 Year1.41%
3 Year22.26%
5 Year122.78%
10 Year492.53%
15 Year2069.4%
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)-1.55
RSI(14)41.94
LBB543.77
UBB597.43
UNH Daily chart

UNITEDHEALTH GROUP INC

NYSE:UNH (10/31/2024, 10:17:57 AM)

565.34

+2.38 (+0.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.42%
1 Week-0.3%
2 Weeks-1.47%
1 Month-4.96%
3 Month-4.56%
6 Month14.32%
12 Month6.04%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)14.06
ATR(20)%2.24%
ATR Inc
Range Today5
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 High579.28
10 Day Low558.72
20 Day High608.63
20 Day Low543
52 Week High608.63
52 Week Low436.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume221.62K
Volume Incr-30.82%
Vol(5)2.37M
Vol(50)3.00M