pool adsWhat Unitedhealth Group $UNH is Telling us About its Future
The next move in a stock's price is often identifiable in advance. This Unitedhealth Group (NYSE: UNH) report attempts to do that, and in the process help investors learn how price acton can be revealing. Trading plans for UNH make these observations actionable, but the data on this page is not real time. If you want a real time update, or a different stock, please get one here Unlimited Real Time Reports.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Strong | Neutral | Strong |
| P1 | 0 | 0 | 334.48 |
| P2 | 335.16 | 335.23 | 355.47 |
| P3 | 339.64 | 341.44 | 373.06 |
Support and Resistance Plot Chart for UNH
Long Term Trading Plans for UNH
March 4, 2021, 7:30 pm ET
The Technical Summary and Trading Plans for UNH help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this UNH Report.
UNH - (Long) Support Plan
There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.
UNH - (Short) Resistance Plan
The technical summary data is suggesting a short of UNH as it gets near 334.48, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 335.45. 334.48 is the first level of resistance above 333.81, and by rule, any test of resistance is a short signal. In this case, if resistance 334.48 is being tested, so a short signal would exist.
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Factset: Request User/Pass
Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
