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Unitedhealth Grp (UNH) Crosses Pivot Point Resistance at $193.84

By Nick Russo

Shares of Unitedhealth Grp (NYSE:UNH) have bullishly opened above the pivot of $193.12 today and have reached the first resistance level of $193.84. Should the shares continue to rise, the resistance pivots of $195.11 and $197.10 will be of interest.

There is potential upside of 0.0% for shares of Unitedhealth Grp based on a current price of $0.00 and an average consensus analyst price target of $197.05. The stock should run into initial resistance at its 200-day moving average (MA) of $119.49 and subsequent resistance at its 50-day MA of $127.45.

In the past 52 weeks, Unitedhealth Grp share prices have been bracketed by a current low of $0.00 and a high of $196.04 and are now at $0.00. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.8%.

SmarTrend recommended that subscribers consider buying shares of Unitedhealth Grp on May 24th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $175.31. Since that recommendation, shares of Unitedhealth Grp have risen 9.8%. We continue to monitor UNH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts unitedhealth grp

Ticker(s): UNH