UnitedHealth Group is Down for the 5th Day in a Row

The Hourly View for UnitedHealth Group

Currently, UNH’s price is down $-1.68 (-0.36%) from the hour prior.
UnitedHealth Group has seen its price go down 5 out of the past 5 hours, thus creating some compelling opportunities for bears.
As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe.
The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

UnitedHealth Group’s hourly price chart is shown below.

At the time of this writing, UNH’s price is down $-4.54 (-0.97%) from the day prior.
It’s been a feast for bears operating on the daily timeframe, as UnitedHealth Group has now gone down 5 of the past 5 days.
If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 day timeframe.
The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Below is a daily price chart of UnitedHealth Group.

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