UNITEDHEALTH GROUP INC (UNH)

US91324P1021 - Common Stock

514.83  +0.95 (+0.18%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to UNH. In the past year, UNH was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

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.
In the last month UNH has a been trading in the 474.59 - 516.17 range, which is quite wide. It is currently trading near the high of this range.
UNH has an average volume of 4376960 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 44% of them, which is more or less in line with the market.
UNH is part of the Health Care Providers & Services industry. There are 118 other stocks in this industry, UNH did better than 64% 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.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
UNH Weekly chart
UNH Daily chart
Setup Rating and Analysis

3

UNH has an average technical rating and it also does not offer a high 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

490.71

558.51

We found 1 important support area.

  • A support zone ranging from 495.67 to 501.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 2 important resistance areas.

  • 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
CRS44.79
Mansfield-0.97
10 Day High516.17
10 Day Low477.07
20 Day High516.17
20 Day Low474.59
52 Week High554.7
52 Week Low436.38
Performance
1 Week2.58%
2 Weeks6.24%
1 Month9.59%
3 Month-1.47%
6 Month-4.18%
12 Month7.32%
2 Year3.44%
3 Year24.75%
5 Year112.52%
10 Year545.34%
15 Year1831.88%
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)2.7
RSI(14)67.12
LBB478.62
UBB517.88
UNH Daily chart

UNITEDHEALTH GROUP INC

NYSE:UNH (5/15/2024, 9:10:06 AM)

514.83

+0.95 (+0.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.18%
1 Week2.58%
2 Weeks6.24%
1 Month9.59%
3 Month-1.47%
6 Month-4.18%
12 Month7.32%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.65
ATR(20)%1.86%
ATR Inc
Range Today0
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 High516.17
10 Day Low477.07
20 Day High516.17
20 Day Low474.59
52 Week High554.7
52 Week Low436.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume62
Volume Incr-43.92%
Vol(5)2.72M
Vol(50)4.38M