$UNH Earnings Beat EPS $6.14 beat expectation of $5.98 Revenue $92.9B beat expectation of $90.96B Going for the gap fill at $488.66Longby TJ012
Top up UNHHitting the bottom of the channel coinciding Fib 0.618 on a weekly chart. MA150 (blue line) seems to have a good support resume in the past, and should be a good inidcator of able to hold. Bounce after earnings tomorrow? Who knows but definitely a good opportuinity to accumulate healtcare stock while they are still lack behind of the tech stocks. Longby Casvanick0
UnitedHealth Group Incorporated (UNH) Even though the share price of UnitedHealth Group Incorporated (symbol ‘UNH’) kicked off the second quarter with a rally, we witnessed a rather strong correction in mid-April that’s still in effect today. The company is expected to report quarterly earnings to 30 June 2023 on Friday, 14 July, before markets open. The consensus EPS for the quarter is $6.04 against $5.57 from the same quarter last year. Antreas Themistokleous at Exness: “Even though the company managed to recover some of its losses at the beginning of the second quarter, those losses were significant, hitting the low levels seen at the end of the first quarter. Its current ratio was at 81% as of the end of March 2023, meaning UnitedHealth is not able to cover its short term liabilities with the current assets it holds. The total assets outweigh total liabilities at a ratio of around 1.43:1 which is not ideal.” Technical analysis shows the price found sufficient support on the lower of the Bollinger bands last week, since correcting to the upside and entering a range in the last 4 or 5 sessions. The Stochastic oscillator is near the extreme overbought level, indicating a possible drop in the near short term. This is reinforced by the recent crossing of the 50-day moving average below the 100-day moving average. The price of $464.60 is a strong technical support since it corresponds to the 38.2% weekly Fibonacci retracement level, while $490 marks technical resistance since it consists of the area just below the moving averages and is also slightly below the 23.6% weekly Fibonacci retracement level. by Exness_Official0
Is this the moment UNH finally breaks down? NYSE:UNH UnitedHealth Group Inc (UNH) is one of the largest health care companies in the US, providing health insurance, health care services, and pharmacy benefits. The stock has been in a strong uptrend since March 2020, reaching an all-time high of $558.10 on October 31, 2022. However, since then, the stock has been showing signs of weakness and may be on the verge of a major breakdown. Technical Analysis Looking at the daily chart of UNH, we can see that the stock has broken a critical support zone of $476, which was the previous resistance level in July and August 2022. This zone also coincides with the 200-day moving average (MA), which is a widely followed indicator of long-term trend. The break below this zone indicates that the bulls have lost control and the bears are taking over. The stock is currently retesting the $476 zone as resistance, which is a common phenomenon after a breakout. If the stock fails to reclaim this zone and closes below it, it would confirm the breakdown and open the door for further downside. The next support levels to watch are $450, which is the 50% Fibonacci retracement level of the March 2020 to October 2022 rally, and $420, which is the 61.8% Fibonacci retracement level and the previous support level in May 2022. The technical indicators also support the bearish scenario. The MACD histogram has turned negative and crossed below the zero line, indicating a loss of momentum and a shift in trend. The RSI has fallen below 50 and is approaching the oversold territory, indicating a strong selling pressure. The volume has also increased on the downside, suggesting that more sellers are joining the market. Conclusion UNH has broken a critical support zone of $476 and is retesting it as resistance. If the stock fails to close above this zone, it would confirm the breakdown and signal a potential reversal of the long-term uptrend. The technical indicators are also bearish and point to more downside ahead. The next support levels to watch are $450 and $420.Shortby jkish198710
UNHNow in the process of building a final, fifth wave, then a rebound 430 would be a good bounce on an hour frame Shortby Al3ajmi0
UNH UnitedHealth Group Incorporated Double TopA double top is one of the most bearish technical reversal patterns. A Double Top Bearish Chart Pattern forms after an asset reaches a high price two consecutive times. After applying the Elliot Waves Pattern on UNH UnitedHealth Group, we have 2 price targets: $459 and $396. Looking forward to read your opinion about it. Shortby TopgOptionsUpdated 118
$UNH - United Health Wyckoff DistributionUnited Health showing signs of weakness... ***Easily the best Wyckoff Study case we've seen in a while.*** Here is what we're seeing with Wyckoff DistributionShortby PartTimeGenius0
UNH LongNYSE:UNH Long 1/2 position. Trendline break looks to be imminent. Could go a bit lower but this is a good spot to buy keeping in mind there is still a big gap below that will need to fill. There is a topside one as well now. 1st Entry: 486.25 (250 shares) Stop: None yet 1st PT: 500Longby EquityCastUpdated 3
$UNH with a neutral outlook following its earnings #StocksThe PEAD projected a neutral outlook for NYSE:UNH after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.by EPSMomentum0
UNH ShortThese sequences of candles show reversals in trend. As UNH has gone up recently, in the past few weeks, a reversal means downside is to come. We will at least test this horizontal support area that is highlighted in white below.Shortby nickdannewitz0
Perfect candlestick patternPerfect candlestick pattern on weekly chart, as a swing trader i would enter this trade but for me share is undervalued and maybe i would wait for a decline to look for long position entry for long term investment.It's not advice for trading just idea .Shortby ahilpeleev0
UNH UnitedHealth Group Incorporated Options Ahead Of EarningsIf you haven`t sold the Double Top: Then looking at the UNH UnitedHealth Group Incorporated options chain ahead of earnings , i would buy the HKEX:520 strike price Calls with 2023-4-21 expiration date for about $6.20 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it. Longby TopgOptionsUpdated 5
United Health Earnings BeatOn Friday 14th April 2023 UnitedHealth Group reported full year and fourth quarter 2022 results reflecting broad-based growth at Optum and UnitedHealthcare. Revenues of $324.2 Billion Grew 13% Year-Over-Year, with Double-Digit Growth at both Optum and UnitedHealthcare Cash Flows from Operations were $26.2 Billion or 1.3x Net Income Full Year and Fourth Quarter Net Earnings were $21.18 and $5.03 Per Share Full Year and Fourth Quarter Adjusted Net Earnings were $22.19 and $5.34 Per Share UnitedHealth Group affirmed the 2023 growth and performance objectives established at its November 29th Investor Conference, including revenues of HKEX:357 billion to HKEX:360 billion, net earnings of $23.15 to $23.65 per share, adjusted net earnings of $24.40 to $24.90 per share and cash flows from operations of HKEX:27 billion to HKEX:28 billion.Longby BenSparham1
UNH: Buy ideaBuy idea on UNH as you see on the chart because we have the breakout of vwap and resistance.Thanks!Longby PAZINI193
UnitedHealth Group share outlook before the earningsShares in UnitedHealth Group Incorporated (symbol ‘UNH’) have been trading in a bearish movement throughout the first quarter of 2023. The company is expected to report its earnings for the fiscal quarter ending March 2023 on Friday 14th of April. The consensus EPS is $6,25 compared to the result for the same quarter last year of $5,49. ‘The last recording we had in regards to the company’s current ratio for the last quarter in 2022 was 77%. This indicates that the company does not have the ability to use its current assets to adequately cover its current liabilities. With a low dividend yield of less than 1.5% and a payout ratio of around 30% the company does not hold the title of an “exciting/attractive” selection in terms of returns.‘ said Antreas Themistokleous, an analyst at Exness ‘ Although the company’s technical details might not be that appealing it is still one of the biggest players in the health insurance industry and therefore still attracting investors attention.’ On the technical side the price has been trading in a declining channel for the first quarter of the year with a valid break above only in the last session. The Bollinger bands are expanding indicating volume building up while the following sessions are important to see if the price will move back into the channel or if the bullish correction will hold strong. The 50 day moving average is still trading well below the 1oo day moving average showing that the overall bearish movement is still valid for the time being while the Stochastic oscillator is moving towards the extreme overbought levels. by Exness_Official0
United Health: Healthy As A… Bear? 🐻… or what was that saying again? Anyway, after a short hiatus, the bears in our United Health-chart should regain their health and get back to work. They should soon push the share below the support at $456.73 and from there into the dark green zone between $427.67 and $391.43, where wave A in dark green should end. This low should then be followed by a considerable upwards movement above the resistance at $501.40. There is also a 37% chance that United Health could cold-shoulder the dark green zone and climb above $501.40 directly. In that case, we would consider wave alt.A in dark green to be already finished.by MarketIntel0
3/20 Watchlist + NotesSPY - expected spy to push slightly higher on friday but we made an inside day instead putting SPY into a 2-1 setup. I am somewhat bullish still on SPY for Monday, but I could see Monday going either way. Watchlist and bias: Daily Chart Setups: SPY - 2-1: Slightly bullish AMZN - 2-1: Slightly bullish DIS - 2-1: Neutral LULU - 2-1: Neutral MCD - 2-1: Bullish UNH - 2-1: Neutral Weekly Chart Setups: PFE - 2-1: Bearish UNH - 2-1: Slightly Bearish JNJ - 2-1: Bearish Main watch for the week: UNH: Want to start off by saying this setup is less exciting than the last few I have posted about but it is still incredibly valid. Mainly watching this one because we have a 2-1 on the daily and weekly, with the weekly being in a bearish broadening formation. Because of this, what I am looking for is for the daily chart to break out to the downside to get an entry for puts to potentially swing. Only lookin to play downside on this one as that is what the longer time frames are showing. Assuming the daily breaks to the ownside, this will hopefully create the momentum to also breakdown on the weekly. Downside targets are at 463.17, 457.79, and 449.70. It is worth noting that we do have some indications that UNH could see a slight push higher this week before dropping. I won't play UNH if it breaks above fridays high. Best of luck trading this week everyoneby Alanger170
UNH earnings on Friday the 13thUNH earnings are on Friday the 13th, but don't be scared. UNH December 2022 Q4 earnings are on Friday 1/13 at 5:55am. Unitedhealth Group (UNH) reported Q3 September 2022 earnings of $5.79 per share on revenue of $80.9 billion. The consensus earnings estimate was $5.45 per share on revenue of $80.5 billion. Revenue grew 11.8% on a year-over-year basis. The company said it expects 2022 earnings of $21.85 to $22.05 per share. I'm posting this as a long because of the current technical setup entry point. UNH is at S2 on SMA20 Triangular Trend Channel ATR(beta) and piRSI is poised for a bounce in a few days or sooner. Here's UNH levels on the 1-day chart: Q4 December 2022 consensus: EPS = $5.17 Revenue = $81.97B SMA200 = $519 SMA20 Triangular Trend Channel ATR(beta): top = $591 R3 = $577 R2 = $562 R1 = $548 pivot = $533 S1 = $518 S2 = $504 S3 = $489 bottom = $475 Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum BBMC - bollinger bands TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.comLongby Options360Updated 224
UnitedHealth Group technical levelsYesterday UNH 4hr chart hit oversold on piRSI & FibVIP and tapped major support on Triangular Trend Channel. Probability wise UnitedHealth Group is a long entry from here. Here's levels on the UNH 4hr chart: SMA20 MTTC2.0 4hr chart: top = $571 R3 = $562 R2 = $553 R1 = $543 pivot = $534 S1 = $525 S2 = $515 S3 = $506 bottom = $497 SMA's 4hr chart: SMA50 = $533 SMA100 = $524 SMA150 = $528 SMA200 = $526 Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.comLongby Options360Updated 113
Nibbles on $UNHNot the cheapest, but technically worth some nibbles. Pretty solid pivot lines landing at Fib 0.5. Short term bearish, but still a very good dividend stock to hold for long term.Longby Casvanick1
UNH SELLWelcome . Arrow . UNH . very negative. And there is more going down. After breaking the uptrend and 500 supportShortby inv_market09Updated 1
If Healthcare Rises Again - $UNH watch across timeframesShown here on a daily line chart, it is easy to see that price will begin a new ascent to 550-600 if the yellow downtrend line is broken. Clear bullish divergence is seen between RSI and price (green segments). Moving averages are 200 purple, 50 light blue, 20 blue. Analysts still have 580+ price targets for this stock and, while they could be wrong, healthcare is still a major sector holding of many ETFs. Higher timeframe charts, shown below, add support for a possible turn up in stock price. For now, it seems a possible market downturn in March may coincide with price rebounding from the 20ma on the monthly chart, and it would follow a series of red candles. This would result from investors moving money into the defensive healthcare sector. On the weekly, RSI has come down to 35, which may serve as bull support if price is to rise again. Weekly stochastic %D may soon turn up, but there may be one more low close that would correspond with a %K drop before it truly rises. by OptionsRisingUpdated 223