• Return to Headlines

Bullish Moving Average Cross by Unitedhealth Grp (UNH)

By David Diaz

Today, shares of Unitedhealth Grp (NYSE:UNH) have crossed bullishly above their 10-day moving average of $221.56 on a volume of 1.1 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Unitedhealth Grp have traded between a low of $208.07 and a high of $287.94 and are now at $234.20, which is 13% above that low price. The 200-day and 50-day moving averages have moved 0.11% lower and 0.7% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Unitedhealth Grp and will alert subscribers who have UNH in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses unitedhealth grp

Ticker(s): UNH