• Return to Headlines

Bearish Moving Average Cross by Unitedhealth Grp (UNH)

By David Diaz

Today, shares of Unitedhealth Grp (NYSE:UNH) have fallen below their 10-day MA of $251.07 on a volume of 241K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Unitedhealth Grp share prices have moved between a 52-week high of $287.94 and a 52-week low of $212.50 and are now trading 18% above that low price at $250.08 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

SmarTrend is monitoring the recent change of momentum in Unitedhealth Grp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Unitedhealth Grp in search of a potential trend change.

Keywords: moving crosses unitedhealth grp

Ticker(s): UNH