United Health's most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $400.00 short put and a strike $380.00 long put offers a potential 14.16% 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 $400.00 by expiration. The full premium credit of $2.48 would be kept by the premium seller. The risk of $17.52 would be incurred if the stock dropped below the $380.00 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 71.85 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Health
Dow Jones Futures Fall As Apple Masks Weak Market Rally Trends; Netflix, Taiwan Semiconductor In Focus
Thu, 15 Jul 2021 11:57:36 +0000
Apple buoyed indexes Wednesday, but several leaders plunged. Netflix is rising on a big hire. Taiwan Semi fell on earnings.
UnitedHealth Earnings Top With Dow Jones Giant Near Buy Point
Thu, 15 Jul 2021 11:10:00 +0000
UnitedHealth earnings fell less than expected despite Americans using more medical care again. UNH stock is near a buy point.
UnitedHealth stock rises after profit and revenue beats, raised outlook
Thu, 15 Jul 2021 10:09:04 +0000
Shares of UnitedHealth Group Inc. rose 1.3% in premarket trading Thursday, after the health care provider reported second-quarter profit and revenue that were well above expectations and raised its full-year outlook, even as the company continued to expect COVID-19 to take a bite out of results. Net income fell to $4.27 billion, or $4.46 a share, from $6.64 billion, or $6.91 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share declined to $4.70 from $7.12, b
UPDATE 2-Insurer UnitedHealth raises 2021 profit view after results top estimates
Thu, 15 Jul 2021 10:08:00 +0000
UnitedHealth Group Inc beat quarterly profit estimates and raised its full-year earnings target on Thursday, as the largest U.S. health insurer reported strong growth in its Optum unit that manages drug benefits.
Insurer UnitedHealth raises 2021 profit view after results top estimates
Thu, 15 Jul 2021 10:02:31 +0000
The industry bellwether raised its full-year profit target for the second time this year, and now expects adjusted earnings of $18.30 to $18.80 per share in 2021, compared with its previous forecast of $18.10 to $18.60. Revenue from UnitedHealth's Optum unit, which manages drug benefits and offers healthcare data analytics services, rose 17.2% to $38.3 billion from a year earlier. UnitedHealth reported adjusted earnings of $4.70 per share, beating estimates of $4.43 per share, according to IBES data from Refinitiv.
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