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UnitedHealth Trading Higher Today on Above-Average Volume (UNH)

By Nick Russo

Shares of UnitedHealth are trading up 6.3% to $142.64 today on above average volume. Approximately 3.8 million shares have changed hands today vs. average 30-day volume of 3.4 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

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.

In the past 52 weeks, shares of UnitedHealth have traded between a low of $95.00 and a high of $144.48 and are now at $142.55, which is 50% 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%.

Keywords: unusual volume UnitedHealth

Ticker(s): UNH