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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of UNH
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Red day on Friday for UnitedHealth Group
(Updated on Jun 21, 2024)

Sell candidate since Jun 20, 2024 Loss -0.40% PDF

The UnitedHealth Group stock price fell by -0.398% on the last day (Friday, 21st Jun 2024) from $484.52 to $482.59. During the last trading day the stock fluctuated 1.58% from a day low at $480.59 to a day high of $488.18. The price has fallen in 6 of the last 10 days and is down by -3.85% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -362 shares and in total, 4 million shares were bought and sold for approximately $1.72 billion.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.68% during the next 3 months and, with a 90% probability hold a price between $496.33 and $572.99 at the end of this 3-month period.

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UNH Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The UnitedHealth Group stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $489.27 and $501.72. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 17, 2024, and so far it has fallen -8.01%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for UnitedHealth Group stock

UnitedHealth Group finds support from accumulated volume at $478.99 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $7.59 (1.58%) between high and low. For the last week, the stock has had daily average volatility of 1.60%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (UNH) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect UnitedHealth Group Incorporated to open at $483.79, and during the day (based on 14 day Average True Range), to move between $472.58 and $492.60, which gives a possible trading interval of +/-$10.01 (+/-2.07%) up or down from last closing price. If UnitedHealth Group Incorporated takes out the full calculated possible swing range there will be an estimated 4.15% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $484.72 (0.44%) than the support at $478.99 (0.75%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is UnitedHealth Group Incorporated stock A Buy?

The UnitedHealth Group stock holds several negative signals and despite the positive trend, we believe UnitedHealth Group will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -4.936 Sell Candidate Unchanged

Predicted Opening Price for UnitedHealth Group Incorporated of Monday, June 24, 2024

Fair opening price June 24, 2024 Current price
$483.79 ( 0.248%) $482.59

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for UNH

Fibonacci Support & Resistance Levels

Level Price
R3 491.38 1.82%
R2 488.48 1.22%
R1 486.69 0.85%
Price 482.59
S1 480.89 -0.353%
S2 479.10 -0.724%
S3 476.20 -1.32%

Accumulated Volume Support & Resistance Levels

Level Price
R3 501.13 3.84%
R2 493.18 2.19%
R1 484.72 0.441%
Price 482.59
S1 478.99 -0.746%
S2 468.89 -2.84%
S3 458.14 -5.07%

UNH Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 17, 2024 Jun 17, 2024 Jun 25, 2024 $2.10 0.435%
2 Jun 05, 2024 Jun 14, 2024 Jun 25, 2024 $2.10 0.435%
3 Feb 23, 2024 Mar 08, 2024 Mar 19, 2024 $1.88 0.381%
4 Nov 08, 2023 Dec 01, 2023 Dec 12, 2023 $1.88 0.344%
5 Aug 23, 2023 Sep 08, 2023 Sep 19, 2023 $1.88 0.391%

FAQ

What is the symbol for UnitedHealth Group Stock and on which exchange is it traded?
The symbol for UnitedHealth Group is UNH and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell UnitedHealth Group Stock?
The UnitedHealth Group stock holds several negative signals and despite the positive trend, we believe UnitedHealth Group will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy UnitedHealth Group Stock?
UnitedHealth Group Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy UnitedHealth Group Stock.

What's the current price of UnitedHealth Group Stock?
As of the end of day on the Jun 21, 2024, the price of an UnitedHealth Group (UNH) share was $482.59.

What is the 52-week high and low for UnitedHealth Group Stock?
The 52-week high for UnitedHealth Group Stock is $554.70 and the 52-week low is $436.38.

What is the market capitalization of UnitedHealth Group Stock?
As of the Jun 21, 2024, the market capitalization of UnitedHealth Group is 444.169B.

When is the next earnings date for UnitedHealth Group?
The upcoming earnings date for UnitedHealth Group is Jul 16, 2024.
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About UnitedHealth Group Incorporated

UnitedHealth Group UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage and well-being services to individuals a... UNH Profile

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