United Health's most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $290.00 short put and a strike $270.00 long put offers a potential 17.92% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $290.00 by expiration. The full premium credit of $3.04 would be kept by the premium seller. The risk of $16.96 would be incurred if the stock dropped below the $270.00 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 up which suggests that the medium-term momentum for United Health is bullish.
The RSI indicator is at 72.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Health
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Fri, 21 Feb 2020 22:59:36 +0000
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Fri, 21 Feb 2020 21:43:40 +0000
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Fri, 21 Feb 2020 18:17:00 +0000
Such patients often have higher rates of emergency-department usage and their unstable housing can make them harder to treat.
MEDNAX, Inc. — Moody's places MEDNAX's ratings under review for downgrade
Fri, 21 Feb 2020 17:17:10 +0000
Moody's Investors Service (“Moody's”) placed MEDNAX, Inc.'s (“MEDNAX”) Ba2 Corporate Family Rating, the Ba2-PD Probability of Default Rating and the Ba2 unsecured global note ratings on review for downgrade. The review follows the company's announcement that UnitedHealth Group Incorporated (“UnitedHealth”) (A3 long-term issuer rating) will unilaterally terminate its in-network contracts with MEDNAX in four states between March 1, 2020 and September 1, 2020.
Mednax’s Troubles With UnitedHealth Group Could Remain a Worry, Analysts Say
Fri, 21 Feb 2020 15:22:00 +0000
Shares of the medical-staffing firm tanked Thursday on news that UnitedHealth Group was ending a handful of its contracts with the company.
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