Trading Signals: UNH Stock Price Prediction and Forecast

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Tue. Jun. 6, 2023

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

(UnitedHealth)
UNH latest price $487.5700 (-2.13%) ($483.6650 - $499.9000) on Tue. Jun. 6, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.3% (three month average)
RSI   58
Latest Price   $487.5700(-2.13%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   UNH advances 0.3% a day on average for past five trading days.
Weekly Trend   UNH advances 1.4% a week on average for past two weeks.
Market Behavior   Value stock 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(25%)    SPLV(22%)    UUP(17%)    XLP(16%)
Factors Impacting UNH price   UNH will decline at least -0.65% in a week (0% probabilities).
TIP(-21%)    KWEB(-21%)    USO(-20%)    SHY(-20%)    VCSH(-19%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.65% (StdDev 1.3%)
Hourly BBV -1.4 ()
Intraday Trend -2.5%

5 Day Moving Average   $493.24(-1.15%)
10 Day Moving Average   $486.94(0.13%)
20 Day Moving Average   $485.87(0.35%)
To recent high   -7.3%
To recent low   5.9%
Market Cap   $462.216b

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 1.33% (three month std-dev: 1.3%) daily (68% of days).

Sample size 2 Average positive next day return: 0.64%(100%) Average negative next day return: 0%(0%) Sample size 2 Average positive next three day return: 0.23%(50%) Average negative next three day return: -1.38%(50%) Sample size 2 Average positive next weekly return: 0%(0%) Average negative next weekly return: -4.88%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230706

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	Jun_6_2023	486.21	485.87	486.94	493.24	494.97	496.28	487.57(-2.13%)	UD	OpenLong	75	-0.9	22	30	7	67	3.82	52%	0	12.8	1.3%	-1.4	0.3	58	2.4
2	Jun_5_2023	486.2	486.08	486.29	491.7	492.4	497.77	498.19(-0.28%)	UD	OpenLong	75	1	262	80	292	170	2.69	56%	0.02	4.4	1.27%	0.1	1.8	58	2.3
3	Jun_2_2023	486.11	485.77	484.27	488.36	487.35	493.66	499.58(1.21%)	UT	OpenLong	75	1.8	312	80	360	169	3.06	56%	0.01	-9.3	1.27%	1.1	2.2	54	2.2
4	Jun_1_2023	486.07	485.07	482.09	483.99	483.79	487.02	493.63(1.31%)	UT	OpenLong	75	1.8	275	50	325	123	3.38	56%	0	-35.4	1.27%	1.3	1.6	52	2
5	May_31_2023	486.07	484.79	481.04	481.43	480.36	481.04	487.24(1.54%)	RB	SmallLong	20	1.1	22	0	33	-12	4.94	54%	0	-45.4	1.29%	1.8	0.5	45	1.2

6	May_30_2023	486.06	485.04	480.23	479.87	479.97	480.55	479.85(-0.35%)	N/A	N/A	0	-0	26	10	44	-27	3.18	51%	-0.03	-50	1.27%	-0.4	-0.9	36	1.3
7	May_26_2023	486.2	485.81	480.87	480.02	479.53	479.67	481.52(0.8%)	N/A	N/A	0	0.3	5	-0	20	-42	3.13	49%	-0.02	-42	1.26%	0.8	-0.7	35	0.8
8	May_25_2023	486.29	486.33	481.73	479.48	479.23	479.38	477.7(-0.65%)	DT	OpenShort	-75	-0.3	-28	0	-16	-63	2.68	49%	-0.06	-39	1.26%	-0.8	-1.5	28	0.2
9	May_24_2023	486.56	487	482.82	479.79	479.83	479.4	480.83(0.29%)	N/A	N/A	0	0.2	2	-10	18	-47	1.9	46%	-0.08	-37.5	1.27%	0.7	-1.1	43	-0.2
10	May_23_2023	486.95	487.17	483.7	480.58	479.47	479.09	479.44(-0.25%)	DT	OpenShort	-75	-0.2	-72	-10	-70	-78	2.87	46%	-0.01	-37.3	1.28%	0.1	-1.4	39	0.9

11	May_22_2023	487.02	487.82	484.79	480.64	480.48	480.27	480.62(0.38%)	DP	OpenShort	-75	-0	-21	-0	-9	-57	2.24	46%	-0.1	-51.5	1.29%	0.6	-1.4	36	1.2
12	May_19_2023	487.53	488.27	485.96	481.89	481.38	479.85	478.82(-0.09%)	DT	OpenShort	-75	-0.6	-87	-30	-88	-85	2.32	44%	-0.02	-61.6	1.29%	-0.4	-1.9	32	1.6
13	May_18_2023	487.63	488.6	487.52	484.37	483.43	480.69	479.23(-1.15%)	DT	OpenShort	-75	-1.2	-139	-50	-153	-97	3.01	44%	-0.1	-81.1	1.3%	-1	-2.1	38	2.1
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		22.8	1.33%	-0.4	-0.5	32	1.1
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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