United Health's most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $395.00 short put and a strike $390.00 long put offers a potential 40.85% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $395.00 by expiration. The full premium credit of $1.45 would be kept by the premium seller. The risk of $3.55 would be incurred if the stock dropped below the $390.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for United Health is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for United Health is bearish.
The RSI indicator is at 40.76 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for United Health
The Zacks Analyst Blog Highlights: Apple, Caterpillar, The Home Depot, Dow and UnitedHealth Group
Wed, 23 Jun 2021 11:07:11 +0000
The Zacks Analyst Blog Highlights: Apple, Caterpillar, The Home Depot, Dow and UnitedHealth Group
3 Discounted MedTech Stocks Poised for Sturdy Growth in 2021
Tue, 22 Jun 2021 11:32:11 +0000
Fundamentally-sound stocks like Henry Schein (HSIC), UnitedHealth Group (UNH) and Phibro Animal Health (PAHC) are trading at a discount and make great picks for the long term.
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Tue, 22 Jun 2021 11:15:11 +0000
We have narrowed down our search to six Dow stocks that have strong growth potential for 2021. These are AAPL, HD, WMT, CAT, UNH and DOW.
These 3 Dow Stocks Are Set to Soar in 2021's Second Half
Tue, 22 Jun 2021 09:05:00 +0000
The Dow Jones Industrial Average (DJINDICES: ^DJI) has had a solid year so far in 2021. Gains of 9% might not seem like all that much compared to the double-digit percentage gains we've seen in past years. In particular, analysts looking at three stocks among the Dow Jones Industrials see the potential for substantial gains in the second half of 2021 and beyond.
This 1 Medical Stock Could Beat Earnings: Why It Should Be on Your Radar
Mon, 21 Jun 2021 12:50:12 +0000
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
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