Trading Signals: UNH Stock Price Prediction and Forecast

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Wed. May. 17, 2023

Trading Signals: UNH Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(UnitedHealth)
UNH latest price $484.8100 (1.06%) ($477.5400 - $485.4000) on Wed. May. 17, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.3% (three month average)
RSI   45
Latest Price   $484.8100(1.06%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   UNH declines -0.2% a day on average for past five trading days.
Weekly Trend   UNH declines -0.6% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support UNH advance at 0% a week (0% probability)
XLV(41%)    DIA(27%)    SPLV(24%)    XLP(17%)    URA(16%)
Factors Impacting UNH price   UNH will decline at least -0.65% in a week (0% probabilities).
TIP(-19%)    KWEB(-19%)    SHY(-18%)    VCSH(-17%)    USO(-17%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.65% (StdDev 1.3%)
Hourly BBV 0.5 ()
Intraday Trend 1%

Resistance Level   $489.07
5 Day Moving Average   $486.28(-0.3%)
10 Day Moving Average   $488.43(-0.74%)
20 Day Moving Average   $489.07(-0.87%)
To recent high   -7.9%
To recent low   5.3%
Market Cap   $459.6b

UnitedHealth Group, Inc. engages in the provision of health care coverage, software, and data consultancy services. It operates through the following segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. The UnitedHealthcare segment utilizes Optum's capabilities to help coordinate patient care, improve affordability of medical care, analyze cost trends, manage pharmacy benefits, work with care providers more effectively, and create a simpler consumer experience. The OptumHealth segment provides health services business serving the broad health care marketplace, including payers, care providers, employers, government, life sciences companies, and consumers. The OptumInsight segment focuses on data and analytics, technology, and information to help major participants in the health care industry. The OptumRx segment provides pharmacy care services. The company was founded by Richard T. Burke in January 1977 and is headquartered in Minneapolis, MN.

$. UNH price fluctuates within 0.8% (three month std-dev: 1.3%) daily (68% of days).

Sample size 2 Average positive next day return: 0.71%(50%) Average negative next day return: -0.49%(50%) Sample size 2 Average positive next three day return: 1.42%(50%) Average negative next three day return: -0.93%(50%) Sample size 2 Average positive next weekly return: 1.54%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230617

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	May_17_2023	488.14	489.07	488.43	486.28	486.11	482.91	484.81(1.06%)	DP	OpenShort	-75	-0.4	-147	-50	-164	-95	2.68	48%	-0.1	-122.5	1.3%	0.5	-1.1	45	1.6
2	May_16_2023	488.63	489.18	488.93	487.33	487.65	486.16	479.72(-1.47%)	DT	OpenShort	-75	-1.5	-140	-20	-159	-82	2.18	48%	-0.02	-121.6	1.33%	-1.5	-1.9	50	1.1
3	May_15_2023	488.72	490.4	490.37	489.46	489.22	489.3	486.86(-0.89%)	DT	OpenShort	-75	-0.5	-23	-0	-25	-16	2.17	50%	-0.1	-115.3	1.32%	-0.7	-0.6	46	1.7
4	May_12_2023	489.19	491.26	491.25	490.61	490.42	489.15	491.23(0.51%)	N/A	N/A	0	0.1	-8	-20	-11	1	1.54	50%	-0.08	-93.6	1.3%	0.9	-0	53	1.2
5	May_11_2023	489.57	492.18	491.33	491.22	490.84	489.14	488.76(-0.27%)	DT	OpenShort	-75	-0.2	-113	-30	-137	-40	2.38	50%	-0.08	-64.5	1.31%	-1	-0.3	56	1.2

6	May_10_2023	489.98	493.9	491.54	490.93	492.63	491.69	490.07(-0.06%)	N/A	N/A	0	-0.1	-5	-0	-11	12	2.02	53%	-0.06	-50.9	1.32%	-1.1	-0.3	53	1.1
7	May_9_2023	490.29	495.34	490.93	490.8	491.72	492.53	490.38(-0.45%)	N/A	N/A	0	-0	-25	20	-33	0	2.04	53%	-0.07	-37.4	1.34%	-1.1	-0.4	55	0.7
8	May_8_2023	490.64	496.77	491.08	491.4	491.37	493.57	492.62(-0.34%)	UD	OpenLong	75	0.1	76	30	87	41	1.74	53%	-0.07	-26.2	1.34%	0.2	-0.3	40	1.2
9	May_5_2023	490.97	497.83	490.71	492.02	491.82	490.9	494.28(1.44%)	UT	OpenLong	75	0.2	55	-10	66	22	2.33	53%	-0.07	-10.4	1.33%	1	-0.3	41	1.1
10	May_4_2023	491.32	498.71	489.69	491.58	491.84	489.16	487.28(-0.44%)	DT	OpenShort	-75	-0.3	-143	-40	-160	-93	2.56	51%	-0.11	2.6	1.33%	-0.8	-0.8	32	-0.1

11	May_3_2023	491.86	499.82	489.76	492.22	492.89	492.74	489.44(-0.8%)	DT	OpenShort	-75	-0.2	-42	0	-32	-71	1.75	51%	-0.1	18.1	1.34%	-1.3	-0.8	26	1
12	May_2_2023	492.37	500.11	489.47	490.92	491.55	494.51	493.39(-0.47%)	N/A	N/A	0	0.2	72	50	112	-49	2.15	44%	-0.11	22.8	1.33%	-0.4	-0.5	32	1.1
13	May_1_2023	492.93	500.23	490.38	490.63	489.07	493.04	495.7(0.73%)	N/A	N/A	0	0.4	113	50	162	-34	2.1	44%	-0.09	27	1.49%	0.8	-0.3	33	1.8
14	Apr_28_2023	493.38	499.25	491.13	489.27	488.62	488.59	492.09(0.33%)	N/A	N/A	0	0.2	93	-0	142	-56	2.4	47%	-0.12	21.1	1.51%	0.9	-0.5	36	1.9
15	Apr_27_2023	493.97	498.35	492.89	487.62	487.51	485.09	490.47(1.56%)	DP	OpenShort	-75	0.2	-129	-40	-116	-168	2.47	47%	-0.11	16.9	1.52%	0.5	-0.5	37	1.3

16	Apr_26_2023	494.52	497.37	496.18	487.02	487.57	488.64	482.95(-1.82%)	DT	OpenShort	-75	-0.2	-78	20	-58	-138	2.93	45%	-0.12	12.3	1.52%	-0.9	-0.8	35	0.8
17	Apr_25_2023	495.12	497.06	499.93	487.67	488.26	489.94	491.92(0.61%)	N/A	N/A	0	0.2	70	30	110	-52	2.93	48%	-0.09	11.4	1.5%	0.9	-0.3	52	0.5
18	Apr_24_2023	495.57	496.67	502.74	490.18	488.14	486.5	488.94(1.06%)	DP	OpenShort	-75	-0.1	-99	-40	-96	-106	2.32	48%	-0.1	16.4	1.5%	1.5	-0.4	50	1.4
19	Apr_21_2023	496.07	496.17	505.43	493.46	492.4	486.58	483.82(-0.75%)	DT	OpenShort	-75	-0.5	-196	-90	-223	-114	3.16	48%	-0.11	22.9	1.49%	-1.2	-0.7	61	1.5
20	Apr_20_2023	496.63	495.68	508.53	499.06	497.37	489.79	487.46(0.26%)	DP	OpenShort	-75	-0.6	-380	-120	-456	-152	3.28	48%	-0.13	30	1.5%	-0.7	-0.4	64	1.3

21	Apr_19_2023	497.26	495.22	510.97	506.81	505.11	498.22	486.2(-3.62%)	DT	OpenShort	-75	-1	-319	-110	-404	-64	5.8	50%	-0.09	43.5	1.5%	-1.9	-0.5	65	1.6
22	Apr_18_2023	497.7	495.04	512.16	513.81	513.15	504.96	504.48(-0.17%)	N/A	N/A	0	-0.5	-265	-120	-357	11	3.23	52%	-0.06	57.5	1.44%	-0.4	0.5	71	1.6
23	Apr_17_2023	497.99	493.69	511.4	517.11	518.13	512.01	505.35(-1.26%)	CR	SmallShort	-20	-0.6	-284	-80	-387	26	3.66	52%	-0.07	65.4	1.46%	-1	0.6	63	1.5
24	Apr_14_2023	498.33	491.95	508.57	519.07	521.14	521.35	511.79(-2.74%)	N/A	N/A	0	-0.4	-14	10	-74	165	4.87	52%	0.03	70	1.45%	-1.6	1	69	1.5
25	Apr_13_2023	498.19	489.94	504.72	519.28	519.88	524.25	526.23(0.97%)	UT	HoldLong	65	0.3	222	60	200	286	4.22	56%		73.2	1.42%	1.1	1.8	80	1.4
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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