• Return to Headlines

Unitedhealth Grp Looks to Continue to Trade Above its Annual-High Share Price Today

By David Diaz

Unitedhealth Grp (NYSE:UNH) traded today at a new 52-week high of $256.17. Approximately 340,000 shares have changed hands today, as compared to an average 30-day volume of 2.6 million shares.

Potential upside of 7.3% exists for Unitedhealth Grp, based on a current level of $256.17 and analysts' average consensus price target of $274.83. Unitedhealth Grp shares have support at the 50-day moving average (MA) of $237.61 and additional support at the 200-day MA of $221.47.

In the past 52 weeks, Unitedhealth Grp share prices have been bracketed by a low of $176.42 and a high of $256.17 and are now at $256.17, 45% above that low price. The 200-day and 50-day moving averages have moved 0.39% higher and 0.92% higher over the past week, respectively.

UnitedHealth Group Incorporated owns and manages organized health systems in the United States and internationally. The Company provides employers products and resources to plan and administer employee benefit programs. UnitedHealth also serves the health needs of older Americans, provides specialized care services, and provides health care information and research to providers and payers.

SmarTrend recommended that subscribers consider buying shares of Unitedhealth Grp on April 17th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $238.88. Since that recommendation, shares of Unitedhealth Grp have risen 6.2%. We continue to monitor UNH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows unitedhealth grp

Ticker(s): UNH