UnitedHealth Bullish Moving Average Crossover Alert (UNH)
Today, shares of UnitedHealth (NYSE:UNH) have advanced above their 10-day MA of $136.35 on a volume of 3.8 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Over the past year, UnitedHealth has traded in a range of $95.00 to $144.48 and is now at $142.55, 50% above that low. The 200-day and 50-day moving averages have moved 0.15% higher and 0.77% higher over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in UnitedHealth. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of UnitedHealth in search of a potential trend change.
Keywords: moving crosses UnitedHealth