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Archive - 4/17/2025 - Sign In to see current Signals. |
United Health Group Inc. (UNH) Technical Analysis
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| Summary:
| | Weekly : | | Daily :     Move cursor over the icon to see details.
| | It was the negative week for the United Health Group Inc. (UNH). During the week, the UNH dropped -145.39 points, or -24.25%, and closed at 454.11 on Thursday, April 17, 2025. Weekly volume was 148% above average.
Long-term trend: [See UNH long-term trend chart] A long-term downtrend had started on November 11, 2024 at 630.70 and reached 438.50 on February 21, 2025. UNH lost 192.20 points, or 30.47%, in 14 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 404.67 and resistance is at 481.29. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.
Medium-term trend: [See UNH medium-term trend chart] A medium-term uptrend had started on February 21, 2025 at 438.50 and reached 606.40 on April 11, 2025. UNH gained -167.90 points, or -38.29%, in 7 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (522.41) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See UNH weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since April 4, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See UNH short-term trend chart] A short-term downtrend had started on April 11, 2025 at 606.40 and reached 447.10 on April 17, 2025. UNH lost 159.30 points, or 26.27%, in 6 days. Price is near the trend low.
Daily Technical Indicators: [See UNH daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The distance between the Bollinger Bands is 154.56% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. 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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