UNH | UnitedHealth Group (UNH) | Bearish

2024年12月17日

UNH
Technical Analysis of UnitedHealth Group (UNH)
Key Observations:

Current Price Action:

Price: $498.50
Recent Drop: -21.98 (-4.22%)
Support and Resistance Levels:
Immediate Support: $475.87 (Target Price 1)
Further Supports: $436.72 (Target Price 2)
Resistance: The price recently broke below previous support around $525-$530, confirming bearish momentum.

Trendlines:
The price has clearly broken below a key upward trendline.
The breakdown signals a shift from a bullish to a bearish trend, with lower highs (LH) and lower lows (LL) forming.
Relative Strength Index (RSI):
Current RSI: Below 30 (Oversold Zone).
The RSI indicates heavy selling pressure, suggesting the stock may be oversold, but bearish momentum remains intact.

Target Prices:
Target Price 1: $475.87
This level acts as immediate support where price could pause or consolidate.
Target Price 2: $436.72
If the price breaches the $475.87 level, the next key support lies at $436.72.
Summary:
UnitedHealth Group (UNH) is showing clear bearish signs, having broken below critical support and its upward trendline. The RSI indicates an oversold condition, but momentum remains downward. Key levels to monitor are $475.87 (Target 1) and $436.72 (Target 2). Any recovery will need to overcome resistance at $525-$530 for a trend reversal.

2024年12月21日

トレード終了: 利益確定目標に到達

hit the target.