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UnitedHealth Crosses Above its 10-day MA (UNH)

By James Quinn

UnitedHealth (NYSE:UNH) crossed over its 10-day moving average of $175.45 on a volume of 445K 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.

In the past 52 weeks, shares of UnitedHealth have traded between a low of $95.00 and a high of $178.89 and are now at $177.67, which is 87% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.8%.

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

Ticker(s): UNH