UNH
Ascending Triangle Runs Out of Room Soon for SPY SPXIt's just a chart with some fibonacci levels and an ascending triangle with no where to go but down in my opinion. Looks like 2777-2775 is the first Fib level to revisit after topping out around 3,025-3045. Negative divergences also signaling running out of steam IMO. Don't hold anything for long, regardless of how strong it appears to be. Anything could change in one swift key-stroke of trumps fat fingers...Only thing that sends this higher in my opinion is a resolution of trade with China, and even then - Trump may start another trade war in it's place soon there-after IF we ever resolve China first... SPY SPX
I'm personally bullish on old school value plays that have been forgotten about that now have good dividends while you wait out the storm such as $CVS which has a .50 cent quarterly dividend, yielding 3.45% better than it's industry leaders like your UNH and ANTM which only yield 1.65% and 1.05%. Another one I'm long is $KHC Kraft Heinz which yields 5.22%, and last one that I'm watching is $GT goodyear tires, yielding 4.38%
All these growth stocks with sky-high valuations are going to begin to crumble at some point and I don't want to be holding long for that.
Good Luck!
Daily UNH stock forecast analysis for stock investing strategies03-Jul NYSE:UNH
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Falling section of high risk & low profit
S&D strength Trend: In the midst of a rebounding trend of upward direction box pattern price flow marked by limited falls and upward fluctuations.
Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
read more: www.pretiming.com
D+1 Candlestick Color forecast: GREEN Candlestick
%D+1 Range forecast: 1.0% (HIGH) ~ 0.0% (LOW), 0.6% (CLOSE)
%AVG in case of rising: 1.6% (HIGH) ~ -0.6% (LOW), 0.9% (CLOSE)
%AVG in case of falling: 0.8% (HIGH) ~ -2.5% (LOW), -1.7% (CLOSE)
UNH stock prediction by pretiming algorithm of supply-demand28-JUN UNH
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position about Supply-Demand(S&D) strength: In Falling section of high risk & low profit
Supply-Demand(S&D) strength Trend Analysis: About to begin a rebounding trend as a downward trend gradually gives way to slowdown in falling and rises fluctuations
Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
read more: www.pretiming.com
D+1 Candlestick Color forecast: GREEN Candlestick
%D+1 Range forecast: 1.9% (HIGH) ~ 0.0% (LOW), 1.5% (CLOSE)
%AVG in case of rising: 1.6% (HIGH) ~ -0.6% (LOW), 0.9% (CLOSE)
%AVG in case of falling: 0.9% (HIGH) ~ -2.6% (LOW), -1.7% (CLOSE)
UNH New "Temporary" Up Trend - Safety/Value Play-$250 ResistanceUNH and other healthcare stocks such as Anthem, Cigna, etc. could be a potential area that benefits from those flocking from higher volatility areas that have earnings this week that are looking for some high quality value that were once "growth" stocks. I think UNH at least goes back to $250 area within the next week or so. I'm holding call options. Good luck! UNH
UNH (NYSE: UNH) broke the support, will continue to fall?As we have seen in the chart, we had a short support (Yellow Line) with 5 confirmations (Green Circles) for 5 months that broke today, with the value of UNH shares falling well below what is expected for today.
The fundamental question here is to know if the value of the stock will continue to fall, until when it will continue to fall or if it begins to recover, we will analyze this through three points:
Although the shortest support we had was broken, we must bear in mind that there is another stronger support (Orange Line) that is ready to stop the fall of UNH shares with 4 confirmations (Orange Circles) during the period of 23 months. .
This assures us that although the value of the stock may continue to fall, when approaching the stronger support it is more likely that the fall will be slowed down.
We have to bear in mind that the fall of today was slowed down to the height of the last bounce (horizontal green line) of the minor support, which coincides with S5 yellow. What gives rise to the possibility that tomorrow the price of the stock does not continue to fall, it should rebound.
Finally we have to know that the shares of the company UNH are undervalued if we apply a fundamental analysis, so, in the long term the value of the shares of this company will tend to rise.
We could conclude then that the value of the shares of UNH will go up sooner rather than later , we should analyze then because there was such a sharp drop in the value of the shares of UNH, to explain this we should analyze the supports and the rebounds that had each one of the supports:
If we see the stronger support (Orange Line) we see that it is more stable, we say this because in 23 months he only had 4 rebounds separate by long periods of time. At the short support (Yellow Line) we have 5 rebounds in just 5 months, this is because the slope is tilted more, which makes it a less stable support that ends up breaking when the rate of rise can not be maintained.
Then we can conclude that the stock price will rise again, probably at a lower rate than what it was doing, although it may return to the previous rate.
I thank you very much for your reading and I am open to criticism and questions!
I´m sorry about my english, I try to translate al my analysis from the US and Argentinien market into english.
Regards!
UNH - Slowing Down or Beginning of The End?This stock has been one of the best winners in healthcare over the past few years, in terms of company health, profitability and correlation to stock price action.
All the same, just like with A , the current market uncertainty has left the stock here in a wedge pattern after its earnings report.
Even though the earnings beat estimates, it was not better than the prior growth experienced and so combined with the overbought nature of the stock, this could be a sign that the stock is topping out at least for now.
In short, if the company fails to keep growing, fear could set in and investors will go ahead to ease off the gas pedal, leading to a possible bearish trend.
For now, I am looking for a bearish drift after earnings, but I look to stay longer if a bearish trend develops; losses will be cut quickly.
Stop @ 242.18
Target @ 227.79
Strong Sell Signal Triggered On UnitedHealth Group ($UNH) The stock chart has triggered a strong sell on shares of UnitedHealth Group Inc (NYSE:UNH). In recent weeks, following the Donald Trump election victory, UnitedHealth has soared on hopes of deregulation and perhaps even a repeal of Obamacare. Whether this happens or not, the UnitedHealth's stock price already reflects the best case scenarios for the company. Because the best case is already priced in, there is little upside left in the stock near term. In addition, should any outcome occur that is not ideal, the stock has major downside. Based on the stock chart, UnitedHealth Group is likely to fall from its current price of $159 to $140 in the coming weeks/months. Expect serious downside into the first quarter of 2017.
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DOW JONES OVERVIEW: UNH IN FIRM UPTRENDUnited Health is one the best-looking stock from our Dow Jones overview - on par with Nike.
On long term perspective it trades firmly above upper 1st standard deviation from 5 and 10 year means - which means that long term uptrends are well in progress.
On short term basis the long term picture is confirmed by the slope of 1-year mean. The only short term risk is the fact that price is trading below lower 1st standard deviation from quarterly mean (risking downtrend on quarterly basis).