UNHD trade ideas
$UNH Bad News Longs.NYSE:UNH Recent news should (I believe will) put an end to the madness imaginary run from the corrupt world of health insurance. News circulating NYSE:UNH was a top denier of benefits and claims, only will get worse. A CEO involved in a hit sh**ting? They won't find the "guy" and I assume they will make an arrest but not the actual one who did it. Mmn, conspiracy, yes. But, similar pattern evolving on the chart as well, almost like it all makes sense. Might be a good time to short the health/insurance sector.. maybe.. BlueCross BlueShield just cut back on paying for patients anesthesia in NY, CT, and MO. They are against the people.. biggest ponzi-scheme ever. $555 target, break $500 I see $530. A lot of bearish flow poured in today as well. Months out puts. Not financial advice.
wall street .. loser
Deny Defend DeposeUnited Healthcare.
Profits are all that matter.
The health of their insured customers is simply a mirage,
a means to an end.
Highest amount of denied claims in the business.
The exposure of this corruption,..
took a criminal act of killing another human being.
This company is going down,
And the sooner it goes.. the better !
THE_UNWIND
WOODS OF CONNECTICUT
12/6/24
Ride the green wave to $800 $UNH Elliott Wave Analysis of UNH on Monthly Chart
Elliott Wave Theory posits that stock price movements follow a predictable wave structure, typically broken down into five impulsive waves (1, 2, 3, 4, and 5) in the direction of the primary trend, followed by a corrective wave pattern (A, B, C) that moves against the trend. Identifying the current wave for UNH on a monthly chart allows us to make projections for the next potential targets.
Current Wave Structure Analysis
Wave 1 (Start of the Bull Market):
The initial wave (Wave 1) likely began during a period of recovery, typically marking the start of a longer-term uptrend for UNH. This initial move sets the foundation for the subsequent waves.
Wave 2 (Corrective Phase):
After Wave 1, a corrective move (Wave 2) generally retraces a significant portion of the initial rally, often around 50%–61.8% according to Fibonacci retracement levels, before finding support and resuming the primary uptrend.
Wave 3 (Strongest Impulse Wave):
Wave 3 tends to be the longest and most powerful wave in the Elliott cycle, often experiencing a price increase of 161.8% or more relative to Wave 1. UNH experienced significant growth in this phase, with accelerated price movement, driven by robust fundamentals and growth in both the UnitedHealthcare and Optum segments.
Wave 4 (Consolidation):
The stock may currently be consolidating in Wave 4, which is typically a corrective or sideways movement, allowing the stock to "catch its breath" before a potential final rally in Wave 5. Wave 4 corrections are often shallow, retracing 38.2% or less of Wave 3’s movement and providing a setup for the final impulse.
Wave 5 (Potential Target Zone: $800+ Level):
If UNH is indeed in the latter part of Wave 4, the upcoming Wave 5 could be the final leg in this uptrend. Wave 5 generally aims to surpass the high of Wave 3, often aligning with Fibonacci extension levels, such as 100% or 161.8% of the length of Wave 1.
Targeting $800 with Fibonacci Extensions
Using Fibonacci extension levels can give us specific price targets within Wave 5:
Primary Target Zone:
100% Extension of Wave 1: This level often serves as the initial target for Wave 5, potentially placing UNH within reach of the $750–$775 range.
Secondary Target Zone:
161.8% Extension of Wave 1: If Wave 5 proves to be a stronger rally, it could extend further, targeting the $800+ range, potentially even higher, depending on market momentum.
Alternate Scenario - Extended Fifth Wave:
In some cases, a fifth wave can extend more significantly if momentum builds in the final stages. In this scenario, UNH could surpass $800, although such extensions are less common and would depend heavily on continued fundamental support.
Supporting Momentum Indicators
RSI and MACD Divergence: Momentum indicators such as the RSI and MACD can signal wave exhaustion. If these indicators diverge (showing lower highs while price hits higher highs), it could signal the end of Wave 5.
Volume Analysis: Volume spikes often accompany the end of impulsive waves, so increased trading volume around the $800 level may indicate that the wave is approaching completion.
Summary
Current Position: Likely in Wave 4 consolidation or early stages of Wave 5.
Primary Target: $750–$775 (100% extension of Wave 1).
Secondary Target: $800+ (161.8% extension, depending on momentum).
Risk Factors: Watch for momentum divergence and volume spikes, which could signal a peak in Wave 5.
This analysis aligns with the potential for UNH to reach $800 in the coming months, assuming the Elliott Wave structure remains intact.
Strong Financial Performance and Earnings Growth
UNH has consistently posted strong financial results, outpacing many peers in the healthcare sector. Its latest earnings reports have shown impressive revenue and profit growth, attributed to both organic expansion and strategic acquisitions. Key performance metrics to support an $800 price level include:
Revenue Growth: UNH’s revenue is projected to grow at a stable rate due to increased healthcare spending, particularly in Medicare and Medicaid, as well as continuous innovations in service delivery.
Earnings Per Share (EPS) Growth: EPS has seen a consistent increase over the past years, supported by margin expansions in the UnitedHealthcare and Optum segments.
Profit Margins and Cash Flow: With robust cash flow and prudent cost management, UNH has been able to invest in technology, expand healthcare services, and maintain shareholder value through dividends and share buybacks, all factors supporting stock price appreciation.
UnitedHealth Group’s Upcoming Investor Conference
UnitedHealth Group (UNH), a global leader in healthcare services, is expected to host its annual Investor Conference in late November 2024. This highly anticipated event will bring together investors, analysts, and industry experts to discuss UnitedHealth Group’s strategic growth priorities, recent performance, and outlook for 2025.
UnitedHealth Group Incorporated (daily - log)Hello community,
Small daily analysis in log.
The trend is bullish, we have a gap lately that should be filled logically.
I have indicated on the graph the three accumulation zones.
Graphically, it's beautiful.
We are at the bottom of the regression line channel, we will have to watch that it does not break down.
Make your opinion, before placing an order.
► Thank you for boosting, commenting, subscribing!
UnitedHealth Group ($UNH) Faces Surge in Medical CostsUnitedHealth Group Inc. (NYSE: NYSE:UNH ), one of the largest health insurers in the United States, reported a 3% drop in share price following its Q3 2024 earnings report. The company's results highlighted an uptick in medical costs as it grapples with challenges in its insurance business, including lower government payments and persistently high healthcare demand. Let’s break down the key aspects driving the stock's recent performance.
Elevated Costs and Earnings Beat
UnitedHealth's Q3 2024 results showed a significant rise in its medical loss ratio (MLR)—the percentage of premiums used to cover medical costs. The MLR rose to 85.2%, exceeding both last year’s figure (82.3%) and analysts’ expectations of 84.2%. This surge in costs is attributed to an increase in healthcare services under Medicare plans, particularly for individuals aged 65 and older, as postponed procedures from the COVID-19 pandemic catch up. Additionally, turnover in Medicaid has left insurers with a sicker patient base, further elevating costs.
Despite these challenges, UnitedHealth delivered an adjusted profit of $7.15 per share, beating Wall Street estimates by 15 cents. The company's revenues hit $100.8 billion, surpassing the $99.28 billion expected by analysts, thanks to strong growth in its healthcare services businesses under Optum and insurance offerings under UnitedHealthcare.
Key highlights:
- Optum Health revenue grew by $2.1 billion, driven by the expansion of value-based care and in-home patient services.
- Optum Rx, the company’s pharmacy services division, saw revenue growth of $5.4 billion, fueled by new clients and expanded pharmacy offerings.
- Medicare and Medicaid pressures persisted, with the company facing government funding reductions and a sicker Medicaid population due to eligibility redeterminations.
While the overall financial performance was positive, the rise in medical costs and increased demand for healthcare services, particularly from Medicare and Medicaid plans, weighed on investor sentiment, contributing to the drop in stock price.
Technical Outlook: Bearish Signs Emerge
On the technical front, NYSE:UNH stock has entered a bearish trend following the earnings report, and it is currently down 3.54% in Tuesday’s pre-market trading. On Monday, the stock saw a 1.60% gain but quickly reversed as the negative aspects of the earnings report began to dominate market sentiment.
The stock has broken below its symmetrical triangle pattern, confirming a bearish continuation pattern. The Relative Strength Index (RSI) was 66 on Monday, indicating the stock was approaching overbought territory. However, the sharp decline in pre-market trading has relieved some of this pressure. If the bearish momentum continues, the RSI could dip below 50, signaling further downside potential.
Immediate support lies at $530, the base of the triangle pattern, where the stock may find some consolidation. The stock is currently hovering around its 50-day. A break below these levels could reinforce the bearish sentiment and signal further downside to come.
What Can Investors Expect?
From a fundamental perspective, UnitedHealth's revenue growth and earnings beat show that the company remains a leader in the healthcare sector, with its Optum businesses continuing to drive profitability. However, the elevated medical costs, particularly related to Medicare and Medicaid, could be a persistent headwind. Regulatory changes or adjustments in Medicaid enrollment could also add to volatility in the coming quarters.
On the technical side, the break below the triangle pattern is a bearish signal, and further downside toward the $530 support level seems likely if sentiment does not improve. Investors should watch for signs of consolidation at these levels or a potential breakdown, which could push the stock even lower.
Conclusion
UnitedHealth Group (NYSE: NYSE:UNH ) remains a strong company with a diverse portfolio spanning insurance and healthcare services. However, its near-term outlook is clouded by rising medical costs, Medicare funding challenges, and Medicaid enrollment fluctuations. Technically, the stock is in a bearish phase, but key support levels could provide opportunities for long-term investors if the stock consolidates or rebounds.
UnitedHealth Broke Out. Now It’s Pulled BackUnitedHealth broke out to new highs in July. Now after a pullback, some traders may see potential for a continuation to the upside.
The first pattern on today’s chart is the pair of bullish moves after the last two earnings reports. That kind of price action may reflect positive sentiment toward the health insurer’s fundamentals.
Next, the second jump propelled UNH above its previous high from October 2022. The stock has remained there since, potentially confirming the breakout.
Third, prices are trying to stabilize near the rising 50-day simple moving average (SMA). The 50-day SMA also had a “golden cross” above the 200-day SMA about two months ago. Those signals may be consistent with intermediate and longer-term uptrends.
Finally, stochastics are trying to rebound from an oversold condition.
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UNITED HEALTH forming a bottom.United Health (UNH) gave an excellent dip buy opportunity last time (March 29, see chart below), with the price even breaking above the long-term Resistance Zone eventually:
The price has since entered a Channel Up pattern with the price now below its 1D MA50 (blue trend-line), having already topped and attempting to form a new Higher Low at the bottom of the pattern.
Like the previous one in June, this bottoming process can take another 3 weeks, so we will time it accordingly and target 675.00 (+21.00% rise, similar to both previous Bullish Legs).
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Unitedhealth Group (UNH) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | Weekly Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
# Position & Risk Reward | Daily Time Frame
- Measurement on Session
* Retracement | 0.5 & 0.618
* Extension | 0.786 & 1
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Neutral
Watchlist 9/2/24 PT-1OPTIONS WATCHLIST 9/1/2024
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NYSE:GE - Stock approaching all time highs at $177.20. Looking for calls above $175 for a move towards all time highs. Above that we can see $180 and higher. Stock is a strong indicator on daily and weekly time frames.
NYSE:V - Co recently Reveals Launch Of Its Money Movement Advisory Practice In US And Canada stock breaking out of trendline channel on weekly time frame and moving higher. Looking for calls above $276.50 for a move towards $280. Above $280 this can break all time highs and hit $300
NYSE:UNH - Stock consolidating last week around all time highs. Looking for calls above $593.26 for a move towards $600 and higher. Stock is strong on indicators.
AMEX:SPY - ETF failing to break all time highs last week after coming close trice. ETF forming Inverse head and shoulders pattern on daily time frame. Calls above $565.16 for a move towards $575
$UNH FishingSimple idea for a short scenario but only if a reversal pattern or signs of weakness occur at the top green rectangle zone. Discretionary approach for each trader to decide according to their needs or preferences, perhaps in tune with other opinions found elsewhere.
Just wanted to leave this here for anyone interested in this stock, as I have also developed some projected potential zones of support/resistance for the future in case a bearish scenario unfolds, and if the big green zone holds as resistance.
The last red rectangle zone is only for extreme longer term scenario. Much can happen until then with this stock, even before the next earnings report which is right before the time zone of the big red.
If the price does start to slide towards the pink I am curious to see the price action and developments near the smaller red ones with potential auxiliary signals for short entries in these areas.
ALERT! Healthcare Stocks? $UNH 70% decline! Sub $200 possible. I've been watching and keeping this quiet for a while now and I am now extremely confident of this trade. NYSE:UNH headed for the dumps as technicals show signs of a 70% decline ahead in the next year. This is a developing trade and I do not have any news to support this drop however, I am certain. The Weekly is currently in a bear flag the same exaact way. After a huge run, UNH looks to be running out of steam. The RSI matches around 70 on the 10D timeframe and the MACD is also coming from a negative area into bullish territory, yet the bearish divergence is clear imo. I will be glady entering long puts up here. I will continuously update this trade. See you Next year. Use this chart as a reference to current chart.
UNITEDHEALTH - In Pursuit of Both TargetsOn May 7, 2024, we published an analysis predicting a total appreciation of over +11% if both targets were reached. However, only one target was hit, resulting in a partial gain of +4.50%. Achieving a target with a partial realization of at least half the invested capital and protecting this result with a trailing stop is something to be valued. There is nothing wrong with that. The important thing is to exit the trade with a profit, as it is just one in a sequence. We cannot jeopardize the next trade by lamenting the past.
Within this philosophy, we now see the opportunity to try again, even though a short time has passed, to seek better performance in the same stock. This is not "stubbornness" but "perseverance" in overcoming setbacks with a successful experience. Such an approach tests our limits and fears, strengthening us as traders. Now, let’s develop our traditional risk management and organization for this operation:
If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened.
This way, the journey towards the final target will proceed with reduced risk of losses and the preservation of the partial gains achieved so far.
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UnitedHealth Group a Shorting Opportunity or a Long-Term Gem?As the healthcare giant UnitedHealth Group (UNH) faces significant headwinds, recent trading patterns and technical indicators suggest a critical juncture for potential investors and traders. This comprehensive analysis delves into the latest chart movements, technical tools, and market sentiment to forecast potential price trajectories and strategic trading opportunities for UNH.
Market Overview and Recent Developments
UnitedHealth Group's stock is currently trading at $481.00, experiencing a slight decline of -0.73%. This drop follows the news of a MIL:1M fine imposed on the company for regulatory non-compliance, a development that has undoubtedly added to the recent bearish sentiment.
The latest candlesticks show a bearish engulfing pattern, signaling potential continuation of the downtrend. The stock has struggled to maintain momentum above the $500 level, with resistance firmly established around $490 - $495.
Immediate support is identified at $475, a level tested multiple times in recent sessions. Resistance looms at $490, a barrier reinforced by recent price action and moving averages.
Moving Averages:
The Exponential Moving Averages (EMAs) for 10, 20, and 30 days are all above the current price, each indicating a 'Sell' signal. This alignment typically suggests continued bearish pressure.
The 100 and 200-day EMAs also suggest a 'Sell', with values at $498.19 and $501.58 respectively. The alignment of these longer-term averages above the current price reinforces the bearish outlook.
Currently at 39.31, RSI is hovering near the oversold territory. This indicates that while the stock is under significant selling pressure, it may soon find some buying interest if the oversold condition persists.
The MACD (12, 26) is at -4.09, signaling a 'Sell' with the MACD line below the signal line. The histogram is negative, reinforcing the bearish trend.
The Stochastic %K is at 13.30, also indicating an oversold condition. This supports the potential for a short-term bounce.
Recent trading volumes are below the 30-day average, indicating lower participation in the current price moves. This can suggest weakening momentum, often preceding a reversal or consolidation phase.
The cash flow analysis highlights significant fluctuations with operating activities showing strength while investing and financing activities have varied widely.
Revenue continues to grow, particularly in its core segments: UnitedHealthcare and Optum, suggesting strong underlying business fundamentals despite the short-term technical weaknesses.
The broader market sentiment, as reflected in analyst ratings, shows a dichotomy. Despite the strong sell signals from technical indicators, analysts maintain a 'Strong Buy' stance, with a one-year price target set at $576.68, projecting a potential upside of nearly 20%.
Short Opportunity: Given the prevailing bearish indicators, a short position can be considered if the price breaks below $475 with a target near the next support at $460. Use a tight stop-loss above $490 to manage risk.
Long Opportunity: Watch for a potential reversal if the price bounces off the $475 support level and breaks above $490. This move, coupled with a shift in volume and momentum indicators, could set a short-term target around $510. Place a stop-loss just below $475 to mitigate downside risk.
Upside Potential: Aligning with the bullish analyst sentiment, if the stock manages to hold above $475 and breaks above the $500 level, the long-term price target could be set at $576.68. This aligns with both technical and fundamental strength in the company’s revenue and cash flow projections.
Downside Risk: Should the bearish momentum persist and the stock fails to hold above key supports, a deeper decline toward the $450 level is plausible. Long-term investors should keep an eye on the $465 level as a potential buy zone, provided the broader fundamentals remain intact.
UnitedHealth Group (UNH) presents a complex yet intriguing picture for traders and investors. The current technical landscape suggests caution with strong bearish signals, but underlying financial strength and market sentiment provide a silver lining. Whether to short or long UNH hinges on the upcoming price action around the critical $475 and $490 levels. Stay vigilant, set your stops, and align your strategies with your risk tolerance and market outlook.
UNH - Increase in Valuation ProbabilityHealthcare companies stand out in this week's filter of opportunities. Alignment and compression of Fibo Clouds was once again the filter that allowed us to see this opportunity.
Risk Return 3
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