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Unitedhealth Grp Rises 1.97% on Heavy Volume: Watch For Potential Pullback

By Nick Russo

Unitedhealth Grp (NYSE:UNH) traded in a range yesterday that spanned from a low of $226.35 to a high of $228.80. Yesterday, the shares gained 2.0%, which took the trading range above the 3-day high of $226.13 on volume of 1.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Unitedhealth Grp share prices have moved between a 52-week high of $250.79 and a 52-week low of $132.39 and are now trading 73% above that low price at $228.38 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.2%.

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: rebounders unitedhealth grp

Ticker(s): UNH