United Health's most recent trend suggests a bearish bias. One trading opportunity on United Health is a Bear Call Spread using a strike $505.00 short call and a strike $515.00 long call offers a potential 34.23% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $505.00 by expiration. The full premium credit of $2.55 would be kept by the premium seller. The risk of $7.45 would be incurred if the stock rose above the $515.00 long call 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 34.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Health
McKesson (MCK) Q4 Earnings Miss, Revenues Beat Estimates
Fri, 06 May 2022 16:17:04 +0000
McKesson's (MCK) fiscal fourth-quarter 2022 results benefit from segmental growth.
Inari Medical (NARI) Down 16.9% Despite Q1 Earnings Beat
Fri, 06 May 2022 16:16:04 +0000
Inari Medical's (NARI) first-quarter results benefit from significant progress made across all of its growth drivers.
Myriad Genetics (MYGN) Reports Loss in Q1, Gross Margin Down
Fri, 06 May 2022 15:01:03 +0000
Myriad Genetics' (MYGN) sales in the majority of the operating segments improved in the first quarter despite a challenging business environment.
Illumina (ILMN) Q1 Earnings Beat Estimates, Gross Margin Down
Fri, 06 May 2022 14:55:02 +0000
Illumina (ILMN) ended the first quarter with better-than-expected earnings and revenues on strength in Core Illumina and the GRAIL businesses driving the top line.
Avanos Medical (AVNS) Q1 Earnings, Revenues Top Estimates
Fri, 06 May 2022 14:53:02 +0000
Avanos Medical's (AVNS) first-quarter 2022 results reflect strength in the Pain Management segment.
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