Trading Signals: UNH Stock Price Prediction and Forecast

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Fri. Oct. 13, 2023

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

(UnitedHealth)
UNH latest price $539.4000 (2.64%) ($532.0000 - $544.4600) on Fri. Oct. 13, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.37% (three month average)
RSI   69
Latest Price   $539.4000(2.64%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   UNH advances 0.6% a day on average for past five trading days.
Weekly Trend   UNH advances 2.1% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support UNH advance at 0% a week (0% probability)
SPLV(47%)    XLV(46%)    DIA(35%)    XLP(35%)    XAR(31%)
Factors Impacting UNH price   UNH will decline at least -0.685% in a week (0% probabilities).
BWX(-30%)    TIP(-23%)    BND(-23%)    ACES(-23%)    VCIT(-22%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.685% (StdDev 1.37%)
Hourly BBV 1.5 ()
Intraday Trend 1.2%

5 Day Moving Average   $527.96(2.17%)
10 Day Moving Average   $522.02(3.33%)
20 Day Moving Average   $511.61(5.43%)
To recent high   0%
To recent low   20.5%
Market Cap   $511.351b

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 2.88% (three month std-dev: 1.37%) daily (68% of days).

Sample size 50 Average positive next day return: 1.46%(56%) Average negative next day return: -1.25%(44%) Sample size 50 Average positive next three day return: 2.21%(44%) Average negative next three day return: -1.96%(56%) Sample size 50 Average positive next weekly return: 2.29%(44%) Average negative next weekly return: -2.65%(56%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231113

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	Oct_13_2023	492.89	511.61	522.02	527.96	527.67	531.25	539.4(2.64%)	UT	OpenLong	75	0.8	319	50	348	232	5.25	83%	0.13	79.9	1.37%	1.5	1.9	69	-1.3
2	Oct_12_2023	492.25	508.93	518.46	525.05	524.28	523.97	525.54(0.27%)	UT	OpenLong	75	0	42	-10	25	91	2.37	75%	0.1	80.5	1.34%	1.1	1.2	66	0.3
3	Oct_11_2023	491.78	506.86	516.9	523.18	523.17	524.1	524.13(-0.02%)	UD	OpenLong	75	0.1	50	10	35	93	2.82	75%	0.09	74.7	1.38%	-1.1	1.2	68	0.4
4	Oct_10_2023	491.32	504.68	514.9	520.48	521.07	524.59	524.24(-0.43%)	UD	OpenLong	75	0.3	171	50	179	148	2.45	75%	0.09	69.7	1.38%	0.4	1.3	73	0.2
5	Oct_9_2023	490.86	502.47	512.99	517.53	517.13	522.25	526.51(0.32%)	UT	HoldLong	65	0.6	228	70	244	181	2.34	75%	0.1	64.4	1.38%	1	1.6	79	-0.1

6	Oct_6_2023	490.37	500.08	511.22	515.14	514.02	517.56	524.81(1.66%)	UT	OpenLong	75	0.7	253	40	270	200	3.65	71%	0.1	64.1	1.4%	1.5	1.7	73	-0.7
7	Oct_5_2023	489.89	497.83	509.23	511.02	511.2	512.01	516.23(1.1%)	UT	OpenLong	75	0.4	106	10	98	129	2.79	66%	0.07	62.5	1.39%	1.8	1.4	70	-0.7
8	Oct_4_2023	489.56	496.21	507.71	509.79	509.36	510.49	510.62(0.23%)	UT	OpenLong	75	0.1	35	10	12	105	2.8	66%	0.07	58.8	1.4%	-0.4	1.1	69	-1
9	Oct_3_2023	489.24	494.54	505.98	508.41	509.13	510.4	509.47(-0.99%)	UD	OpenLong	75	0.1	125	20	116	151	3.14	66%	0.05	51.7	1.41%	0.5	1.2	71	-2.1
10	Oct_2_2023	489.01	493.08	503.3	507.61	507.4	508.22	514.57(2.06%)	UT	OpenLong	75	0.6	51	10	29	117	3.55	66%	0.05	47.5	1.4%	1.8	1.7	75	-1.1

11	Sep_29_2023	488.76	491.12	500.47	506.75	506.78	507.87	504.19(-1.16%)	UD	OpenLong	75	-0.2	57	20	34	124	3.01	63%	0.03	43.6	1.38%	-0.5	1.1	72	-1.3
12	Sep_28_2023	488.6	489.73	498.8	507.13	507.31	506.58	510.1(1.26%)	UT	HoldLong	65	0.3	88	-10	68	148	2.92	60%	0.04	40.7	1.38%	1.1	1.7	76	-0.9
13	Sep_27_2023	488.39	488.67	496.16	505.34	505.89	505.7	503.73(-0.34%)	N/A	N/A	0	-0.1	-10	0	-45	95	2.59	60%	0.03	40.8	1.39%	-0.8	1.4	67	-1.6
14	Sep_26_2023	488.26	488.01	493.82	503.02	504.4	508.04	505.45(-0.95%)	UD	OpenLong	75	0.2	189	60	191	183	2.42	60%	0.03	37.3	1.39%	-1	1.7	73	-3
15	Sep_25_2023	488.12	487.18	491.25	498.06	499.46	506.08	510.28(0.83%)	UT	OpenLong	75	1.3	324	100	356	226	2.76	60%	0.03	23.5	1.38%	1.2	2.4	72	-1.5

16	Sep_22_2023	487.96	485.97	488.04	493.22	492.62	500.76	506.1(0.99%)	UT	OpenLong	75	1.6	346	110	388	219	4.56	60%	0.04	6.1	1.38%	1	2.5	73	-1
17	Sep_21_2023	487.76	484.94	485.35	489.34	488.51	492.83	501.14(1.83%)	UT	OpenLong	75	1.8	333	60	377	199	4.7	62%	0.02	-13.5	1.38%	0	2.5	71	-0.9
18	Sep_20_2023	487.64	484.24	483.52	485.83	485.56	484.48	492.13(2.39%)	UT	OpenLong	75	1.2	44	-20	44	44	3.72	62%	-0	-46.4	1.37%	1.9	1.5	48	-0
19	Sep_19_2023	487.65	484.17	481.96	483.37	484.39	484.19	480.66(-1.11%)	DT	OpenShort	-75	-0.5	-74	0	-87	-33	3.23	59%	-0.03	-70.5	1.37%	-1.1	-0.6	38	0.9
20	Sep_18_2023	487.81	484.97	482	483.22	484.27	486.65	486.06(-0.13%)	UD	OpenLong	75	0.5	104	40	125	42	2	59%	-0.01	-73.8	1.37%	0.7	0.2	43	1

21	Sep_15_2023	487.87	485.51	481.02	481.88	482.16	484.59	486.7(0.64%)	UT	OpenLong	75	0.7	106	40	132	28	5.33	48%	-0.01	-79.1	1.39%	1.6	0.2	46	1
22	Sep_14_2023	487.91	485.83	479.98	480.7	480.71	481.88	483.6(0.78%)	RB	SmallLong	20	0.4	58	20	79	-5	2.33	48%	0	-88.1	1.54%	1.4	-0.3	45	1.5
23	Sep_13_2023	487.9	486.75	480.62	480.94	480.23	479.73	479.84(-0.01%)	DT	HoldShort	-50	-0.1	-8	-10	1	-35	2.2	48%	-0.03	-77.2	1.54%	-0.2	-0.9	40	1.3
24	Sep_12_2023	488.03	488.03	481.8	480.36	480.58	479.53	479.9(0.11%)	DP	OpenShort	-75	-0.1	-49	-10	-46	-57	2.2	48%	-0.02	-71.7	1.54%	-0.3	-0.9	37	1
25	Sep_11_2023	488.12	489.52	482.88	480.54	480.93	480.74	479.38(-0.29%)	DT	OpenShort	-75	-0.1	-33	-0	-26	-53	2.06	48%		-64	1.54%	-1.5	-1	32	1.3
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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