Unitedhealth Group Inc (UNH) Up 1.68%; Eyes 20 Day Average

Unitedhealth Group Inc 4 Hour Price Update

Updated June 24, 2020 04:38 PM GMT (12:38 PM EST)

UNH traders saw its share price fall -3.76% ($-11.2) over the past four hours of trading. To help put that in perspective, note that Unitedhealth Group Inc’s peers in the in the Insurance industry are down -3.86% on average during this time, while the broader Healthcare sector is down by an average of -2.84%.

Unitedhealth Group Inc Daily Price Recap

Unitedhealth Group Inc is up 1.68% ($4.93) since the previous day, marking the 2nd day in a row an increase has occurred. The price move occurred on volume that was up 85.38% from the day prior, but down 25.72% from the same day the week before. Let’s take a look at the daily price chart of Unitedhealth Group Inc.

Unitedhealth Group Inc Technical Analysis

Notably, Unitedhealth Group Inc is now close to its 20 and 50 day averages, located at 298.92 and 291.92 respectively, and thus may be at a key juncture along those timeframes. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 10 days Unitedhealth Group Inc’s price has gone up 5 them.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to UNH:

    $unh 45min quick glance

    Not only is she working on hourly 200ma crossover, she’s also working on 45 and 30min 200ma crossovers

    All timeframes show intersecting right now

    Once all 3 are officially crossed over, she should fly