United Health's most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $415.00 short put and a strike $405.00 long put offers a potential 24.38% 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 $415.00 by expiration. The full premium credit of $1.96 would be kept by the premium seller. The risk of $8.04 would be incurred if the stock dropped below the $405.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for United Health is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for United Health is bullish.
The RSI indicator is at 51.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Health
State of Nevada Selects UnitedHealthcare to Serve its Medicaid Beneficiaries
Tue, 24 Aug 2021 13:00:00 +0000
HENDERSON, Nev., August 24, 2021–The state of Nevada has selected Health Plan of Nevada, a UnitedHealthcare company, as one of four managed care organizations to administer its Medicaid program in the counties of Clark and Washoe, effective Jan. 1, 2022. The four-year base contract includes the state’s Temporary Assistance for Needy Families, Children’s Health Insurance Program, and Medicaid expansion programs.
UnitedHealth Group (UNH) Boasts Earnings & Price Momentum: Should You Buy?
Mon, 23 Aug 2021 13:30:01 +0000
Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
UnitedHealth Group (UNH) Gains But Lags Market: What You Should Know
Fri, 20 Aug 2021 21:45:09 +0000
UnitedHealth Group (UNH) closed at $429.71 in the latest trading session, marking a +0.43% move from the prior day.
UnitedHealth (UNH) Hits 52-Week High: Hold it for Steady Growth
Fri, 20 Aug 2021 18:56:06 +0000
UnitedHealth's (UNH) business diversification, presence in the niche markets and balance sheet strength make it a stock to be retained for long-term gains.
4 Health Insurance Companies Poised for Growth in 2H21
Wed, 18 Aug 2021 12:28:12 +0000
Strategic initiatives, rising enrolment and strength in Medicaid business are expected to aid health insurance companies like CNC, ANTM, MOH and UNH in 2H21.
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