UNITEDHEALTH GROUP INC. - Daily - Technical analysis published on 09/23/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
50%
0%
50%
My opinion
Neutral between 222.93 USD and 233.90 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 222.93 USD. The first resistance is located at 233.90 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UNITEDHEALTH GROUP INC. rating is 232.89 USD. On the day, this instrument gained +0.02% and was traded between 231.92 USD and 235.00 USD over the period. The price is currently at +0.42% from its lowest and -0.90% from its highest.231.92
235.00
232.89
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of UNITEDHEALTH GROUP INC. indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near resistance of channel
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 157.64 | 216.84 | 222.93 | 232.89 | 233.90 | 248.47 | 257.14 |
| Change (%) | -32.31% | -6.89% | -4.28% | - | +0.43% | +6.69% | +10.41% |
| Change | -75.25 | -16.05 | -9.96 | - | +1.01 | +15.58 | +24.25 |
| Level | Minor | Major | Major | - | Major | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 228.68 | 229.96 | 231.40 | 232.68 | 234.12 | 235.40 | 236.84 |
| Camarilla | 232.10 | 232.35 | 232.60 | 232.85 | 233.10 | 233.35 | 233.60 |
| Woodie | 228.77 | 230.00 | 231.49 | 232.72 | 234.21 | 235.44 | 236.93 |
| Fibonacci | 229.96 | 231.00 | 231.64 | 232.68 | 233.72 | 234.36 | 235.40 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 220.22 | 223.85 | 228.18 | 231.82 | 236.15 | 239.78 | 244.11 |
| Camarilla | 230.32 | 231.05 | 231.78 | 232.51 | 233.24 | 233.97 | 234.70 |
| Woodie | 220.57 | 224.03 | 228.53 | 231.99 | 236.50 | 239.95 | 244.46 |
| Fibonacci | 223.85 | 226.90 | 228.78 | 231.82 | 234.86 | 236.74 | 239.78 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 187.64 | 203.69 | 218.30 | 234.35 | 248.95 | 265.00 | 279.61 |
| Camarilla | 224.47 | 227.28 | 230.09 | 232.90 | 235.71 | 238.52 | 241.33 |
| Woodie | 186.92 | 203.33 | 217.57 | 233.99 | 248.23 | 264.64 | 278.89 |
| Fibonacci | 203.69 | 215.40 | 222.64 | 234.35 | 246.06 | 253.29 | 265.00 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.10 | |
| MACD (12,26,9): | -1.9500 | |
| Directional Movement: | -7.31 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 229.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 226.17 | |
| Elder Ray (13): | 1.43 | |
| Super Trend (3,10): | 242.10 | |
| Zig ZAG (10): | 232.89 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 60.05 | |
| TEMA (21): | 230.74 | |
| Williams %R (14): | -32.99 | |
| Chande Momentum Oscillator (20): | 7.22 | |
| Repulse (5,40,3): | -0.8900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 2.81 |
| MA7: | 232.28 | |
| MA20: | 230.09 | |
| MA50: | 241.74 | |
| MA100: | 241.81 | |
| MAexp7: | 232.19 | |
| MAexp20: | 232.87 | |
| MAexp50: | 237.46 | |
| MAexp100: | 240.86 | |
| Price / MA7: | +0.26% | |
| Price / MA20: | +1.22% | |
| Price / MA50: | -3.66% | |
| Price / MA100: | -3.69% | |
| Price / MAexp7: | +0.30% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | -1.92% | |
| Price / MAexp100: | -3.31% |
News
Don"t forget to follow the news on UNITEDHEALTH GROUP INC.. At the time of publication of this analysis, the latest news was as follows:
- UnitedHealth Group Schedules Third Quarter 2019 Earnings Release and Conference Call for October 15, 2019
- UnitedHealth Group Named to Dow Jones Sustainability North America and World Indices for 21st Consecutive Year
- UnitedHealthcare and Optum Take Action to Support People in Carolinas and Georgia Preparing for Hurricane Dorian
- Lyfebulb and UnitedHealth Group Launch Second Annual Innovation Challenge for Patient Entrepreneurs
- UNITEDHEALTH GROUP INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of UnitedHealth Group Incorporated - UNH
This member declared not having a position on this financial instrument or a related financial instrument.
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