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After Yesterday's Decline of 4.32%, Unitedhealth Grp Offers Investors Better Value

By James Quinn

Unitedhealth Grp (NYSE:UNH) traded in a range yesterday that spanned from a low of $220.25 to a high of $226.90. Yesterday, the shares fell 4.3%, which took the trading range below the 3-day low of $220.77 on volume of 14.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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.

In the past 52 weeks, shares of Unitedhealth Grp have traded between the current low of $220.60 and a high of $287.94 and are now at $221.61. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.9%.

Keywords: rebounders unitedhealth grp

Ticker(s): UNH