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Archive
- 10/16/2026 -
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United Health Group Inc. (UNH) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was a second positive week after 4 consecutive negative weeks for the United Health Group Inc. (UNH). During the week, the UNH gained 22.13 points, or 5.83%, and closed at 401.43 on Friday, October 16, 2026. It was the best weekly gain since June 26, 2026. Weekly volume was 22% above average.
UNH is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See UNH long-term trend chart]
A long-term uptrend had started on August 1, 2025 at 234.60 and reached 461.62 on July 16, 2026. UNH gained -227.02 points, or -96.77%, in 49 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 274.20 and resistance is at 491.06. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See UNH medium-term trend chart]
A medium-term downtrend had started on July 16, 2026 at 461.62 and reached 362.60 on October 1, 2026. UNH lost 99.02 points, or 21.45%, in 11 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See UNH weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since August 14, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See UNH short-term trend chart]
A short-term uptrend had started on October 1, 2026 at 362.60 and reached 414.12 on October 15, 2026. UNH gained -51.52 points, or -14.21%, in 14 days. Price is near the Fibonacci 23.6% retracement level.
 Daily Technical Indicators: [See UNH daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. Use the following link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since October 2, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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