UnitedHealth (UNH) has recently broken out of a sustained downtrend, signaling a potential shift in momentum. The stock is now retesting near-term levels, with the green uptrend line providing structural support for further upside.
🔍 Technical Analysis
Current Price: $347.89
Trend: Downtrend in red broken, new uptrend support holding.
Support & Stop-Loss:
$321 | SL: $311 (Medium risk – 4H support)
$280 | SL: $273 (Swing entry if reached – daily support)
Bias: Bullish while above $321.
🧭 Outlook
Bullish Case: Holding $321 paves the way for continued upside, potentially retesting prior breakdown levels.
Bearish Case: Losing $321 would weaken momentum, shifting focus toward the $280 swing support zone.
🌍 Fundamental View
UNH remains one of the largest healthcare insurers, benefiting from strong cash flows and defensive demand.
Risks include higher medical cost ratios and policy uncertainties in U.S. healthcare.
Valuation: While not “cheap,” UNH’s strong earnings base and dividend growth support long-term attractiveness compared to peers.
⚠️ Disclaimer
This analysis is for educational purposes only and does not constitute financial advice.
🔍 Technical Analysis
Current Price: $347.89
Trend: Downtrend in red broken, new uptrend support holding.
Support & Stop-Loss:
$321 | SL: $311 (Medium risk – 4H support)
$280 | SL: $273 (Swing entry if reached – daily support)
Bias: Bullish while above $321.
🧭 Outlook
Bullish Case: Holding $321 paves the way for continued upside, potentially retesting prior breakdown levels.
Bearish Case: Losing $321 would weaken momentum, shifting focus toward the $280 swing support zone.
🌍 Fundamental View
UNH remains one of the largest healthcare insurers, benefiting from strong cash flows and defensive demand.
Risks include higher medical cost ratios and policy uncertainties in U.S. healthcare.
Valuation: While not “cheap,” UNH’s strong earnings base and dividend growth support long-term attractiveness compared to peers.
⚠️ Disclaimer
This analysis is for educational purposes only and does not constitute financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.