UNITEDHEALTH GROUP INC (UNH)

US91324P1021 - Common Stock

502.705  +1.75 (+0.35%)

Technical Rating and Analysis

3

Taking everything into account, UNH scores 3 out of 10 in our technical rating. In the past year, UNH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

67% of all other stocks performed better in the past year than UNH.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
UNH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
UNH has an average volume of 4759280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
UNH is part of the Health Care Providers & Services industry. There are 118 other stocks in this industry, UNH did better than 57% of them.
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.
Weekly and Daily overview Charts
UNH Weekly chart
UNH Daily chart
Setup Rating and Analysis

3

The technical rating of UNH is bad and it also does not present a quality setup 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

447.54

558.51

2 important support areas can be observed.

  • Support @502.24 from a trend line in the daily time frame.
  • Support @452.06 from a horizontal line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 504.22 to 504.71. 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
CRS33.74
Mansfield-1.12
10 Day High501.65
10 Day Low477.07
20 Day High507.3
20 Day Low436.38
52 Week High554.7
52 Week Low436.38
Performance
1 Week3.57%
2 Weeks3.04%
1 Month8.97%
3 Month-3.33%
6 Month-7.44%
12 Month1.98%
2 Year0.84%
3 Year21.62%
5 Year107.18%
10 Year529.11%
15 Year1783.31%
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)2.19
RSI(14)61.09
LBB481.39
UBB502.3
UNH Daily chart

UNITEDHEALTH GROUP INC

NYSE:UNH (5/8/2024, 9:19:09 AM)

502.705

+1.75 (+0.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.35%
1 Week3.57%
2 Weeks3.04%
1 Month8.97%
3 Month-3.33%
6 Month-7.44%
12 Month1.98%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)9.76
ATR(20)%2.24%
ATR Inc
Range Today4.7
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 High501.65
10 Day Low477.07
20 Day High507.3
20 Day Low436.38
52 Week High554.7
52 Week Low436.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume679.98K
Volume Incr-45.04%
Vol(5)2.91M
Vol(50)4.76M