United Health's most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $390.00 short put and a strike $370.00 long put offers a potential 23.08% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $390.00 by expiration. The full premium credit of $3.75 would be kept by the premium seller. The risk of $16.25 would be incurred if the stock dropped below the $370.00 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 45.05 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Health
UnitedHealth Earnings Top Estimates; UNH Stock Nears Buy Point
Thu, 14 Oct 2021 10:58:18 +0000
UnitedHealth earnings beat Q3 estimates and the health care giant raised guidance. UNH stock, a Dow Jones component, rose in early action.
UnitedHealth shares up premarket after earnings beat estimates, raises guidance
Thu, 14 Oct 2021 10:08:39 +0000
UnitedHealth Group Inc. shares jumped 1.7% in premarket trade Thursday, after the health benefits company beat earnings estimates for the third quarter and raised its guidance. The company posted net income of $4.086 billion, or $4.28 a share, up from $3.172 billion, or $3.30 a share, in the year-earlier period. Adjusted per-share earnings came to $4.52, ahead of the $4.41 FactSet consensus. Revenue rose to $72.337 billion from $65.115 billion, also ahead of the $71.347 billion FactSet consensus
UnitedHealth Group Reports Third Quarter 2021 Performance
Thu, 14 Oct 2021 09:55:00 +0000
MINNETONKA, Minn., October 14, 2021–Consistent, well-balanced growth continued across UnitedHealth Group (NYSE: UNH) in the third quarter 2021.
The Zacks Analyst Blog Highlights: Abbott Laboratories, UnitedHealth, Quest, and West Pharmaceutical
Thu, 14 Oct 2021 09:51:09 +0000
The Zacks Analyst Blog Highlights: Abbott Laboratories, UnitedHealth, Quest, and West Pharmaceutical
Stock Market Today: Dow Futures Leap As Solid Earnings Offset Inflation Concerns
Thu, 14 Oct 2021 07:30:00 +0000
Surging inflation pressures were put to the side Thursday as a series of Dow component and bluechip earnings reports put stock futures firmly in the green.
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