United Health's most recent trend suggests a bearish bias. One trading opportunity on United Health is a Bear Call Spread using a strike $400.00 short call and a strike $405.00 long call offers a potential 51.52% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $400.00 by expiration. The full premium credit of $1.70 would be kept by the premium seller. The risk of $3.30 would be incurred if the stock rose above the $405.00 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 34.41 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for United Health
Got $500? Smart Investors Are Piling Into These Stocks
Thu, 24 Jun 2021 10:09:00 +0000
Investing in the stock market may seem complicated, but in reality, you can be a successful investor by following a few basic principles. If you have $500 to invest, here are two unstoppable stocks you should consider snapping up right now. It's no secret that the health insurance market is a multi-billion dollar business.
UnitedHealth Group (UNH) Dips More Than Broader Markets: What You Should Know
Wed, 23 Jun 2021 21:50:09 +0000
In the latest trading session, UnitedHealth Group (UNH) closed at $395.56, marking a -0.79% move from the previous day.
New Optum Mobile Clinic Brings Health Care to Utahns Where They Live and Work
Wed, 23 Jun 2021 17:00:00 +0000
DRAPER, Utah, June 23, 2021–Optum Care Network Utah, a part of information and technology-enabled health services business Optum, is making it easier for patients to receive preventive and wellness care with the launch of its new Optum Mobile Clinic. The mobile clinic helps reduce common barriers to health care, such as scheduling challenges, lack of transportation and work obligations, which often put preventive and wellness checkups out of reach. According to the Centers for Disease Control a
The Zacks Analyst Blog Highlights: Apple, Caterpillar, The Home Depot, Dow and UnitedHealth Group
Wed, 23 Jun 2021 11:07:11 +0000
The Zacks Analyst Blog Highlights: Apple, Caterpillar, The Home Depot, Dow and UnitedHealth Group
3 Discounted MedTech Stocks Poised for Sturdy Growth in 2021
Tue, 22 Jun 2021 11:32:11 +0000
Fundamentally-sound stocks like Henry Schein (HSIC), UnitedHealth Group (UNH) and Phibro Animal Health (PAHC) are trading at a discount and make great picks for the long term.
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