UnitedHealth stock: buy or sell

UNH stock price: $398.81 0.57% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021

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UnitedHealth stock brief

  • UnitedHealth only changed a 0.57% after reaching new highs on Wednesday
  • The price is currently over the upper Bollinger band, which is usually an indicator of a near-term correction
  • Argus posted a strong positive rating for UnitedHealth on Wednesday, with a target of $450.00
  • On April 15, UnitedHealth released its Q1 earnings report
  • UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx.

Should I buy UnitedHealth stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $UNH stock a buy?

Currently, UnitedHealth stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $UNH in the next few days, or that it may not climb higher. Simply, it doesn't match our recommended trading systems

Should I sell UnitedHealth stock?

Knowing when to sell a stock is even more difficult than knowing when to buy it. In the same way as when we have to buy shares, determining when is appropiate time to sell is not a random decision, and we must use our own trading strategy. Our trading system selects very simple strategies to guide us on when is a good time to sell a stock. Be aware that these strategies should not be used for shorting $UNH stock

A guiding principle is that you should never keep a trade that results in greater losses than those expected by the time of the buy. The moment to sell shares should always be determined by the stop-loss (automatic or manual)

Is it time to sell UnitedHealth stock?

In the current situation of UnitedHealth there is not any eligible sell setup, so UnitedHealth stock holders with operations in profit can keep their positions

UnitedHealth ratings

In the last 30 days, 13 brokerage ratings were published for UnitedHealth. General sentiment is bullish, with 11 out of 13 publishing positive forecasts

UnitedHealth analysts' ratings - Last month
Brokerage firmRating
Apr 9th, 2021
Mizuho Strong buy
Apr 14th, 2021
Truist Neutral
Truist Securities Strong buy
Apr 15th, 2021
Mizuho Strong buy
Apr 16th, 2021
Barclays Buy
BMO Capital Markets
Credit Suisse Group Buy
Deutsche Bank Aktiengesellschaft Strong buy
Morgan Stanley Buy
Oppenheimer Buy
Stephens Buy
Apr 20th, 2021
Truist Securities Strong buy
Apr 21st, 2021
Argus NeutralStrong buy

UnitedHealth stock analysis

$UNH at new Highs

UnitedHealth did it again, and reached all-time highs (ATH) on Wednesday at $401.48. It's the third time in the last 10 sessions, marking an important rally

SMAs overview

UNH stock SMAs chart

Supports and resistances

Price is at highs and there are not upper resistance levels.

The current supports are:

  • S1: $366.19 (-8.18% below)
  • S2: $365.33 (-8.39% below)
  • S3: $351.58 (-11.84% below)
  • Bollinger bands

    When the price moves out of the band (above the upper line or below the lower line) it means that the stock is currently maintaining a very strong trend and therefore can correct the trend to the average. For this case, the price is over the upper band, and that should mean a near-term correction (at least) until it is below the band

    UNH stock Bollinger Bands chart

    Relative strength index

    Broke through the 70 level Wednesday, with a value of 76.69. Breaking out above the level of 70 is not a sell signal, as shares can be above 70 for many, many weeks and may continue to rise

    UNH stock RSI chart

    UnitedHealth stock price history

    UnitedHealth started trading priced at an adjusted price1 of $0.00 on Oct 1984. Since then, UNH stock surged by -, with an average of 0.00% per year. An investment of $1,000USD on Oct 1984 would worth $inf nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    UNH stock price history chart

    Price target for UnitedHealth stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are posted every day by banks, financial institutions and independent analysts.

    The following table shows the price forecasts posted by brokerage institutions in the last month. Again, these estimates are not direct recommendations for small traders and must not be followed blindly.

    Averaging all price targets exposed below, the forecasted price for UnitedHealth stock is $437.38. UnitedHealth closed at $398.81 on Wednesday, so the target price is forecasting an increase by 9.67%.

    UnitedHealth stock price predictions
    Brokerage firmPrice target
    Apr 9th, 2021
    Mizuho $380.00$394.00
    Apr 14th, 2021
    Truist $420.00$450.00
    Truist Securities $420.00$450.00
    Apr 15th, 2021
    Mizuho $380.00$394.00
    Apr 16th, 2021
    Barclays $405.00$435.00
    BMO Capital Markets $410.00$435.00
    Credit Suisse Group $415.00$430.00
    Deutsche Bank Aktiengesellschaft $409.00$418.00
    Morgan Stanley $462.00$515.00
    Oppenheimer $375.00$440.00
    Stephens $415.00$425.00
    Apr 20th, 2021
    Truist Securities $420.00$450.00
    Apr 21st, 2021
    Argus $450.00

    Earnings and financials

    On April 15, UnitedHealth Group Incorporated ($UNH) reported EPS for that highly surpassed Wall St. expectations. Quarterly EPS was $5.31 per share instead of $4.38. This Q1 report represents an earnings surprise of 21.23%. On the contrary, reported sales were $70.2 billion, consistent with analysts' estimates.

    In comparison, the EPS for the same quarter last year was $3.72, so reported EPS is a improvement of 42.74%. Looking at sales, figures grew a 8.96% compared to $644.2B year over year.

    UnitedHealth ($UNH) is hosting the quarterly earnings call next July. Wall Street analysts estimate of $4.43, that is a 16.57% less than previous quarter.

    UnitedHealth performance

    UNH performance compared
    Company1m3m6m
    UnitedHealth ($UNH) 8.10% 14.10% 23.00%

    Please read:
    The comments written in this post are personal and not recommendations for you to buy or sell stocks. The author of this paper does not have an understanding of the particular positions of the reader, his or her financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are posted for education motives only

    UnitedHealth summary

    Wednesday, April 21st, 2021
    Open$398.86
    Close$398.81
    Day range$395.44 - $401.48
    Previous close$396.53
    Session gain0.57%
    Average true range$9.01
    50d mov avg$354.41
    100d mov avg$348.38
    200d mov avg$331.02
    Earnings dateJuly 14th, 2021

    Frequently asked questions

    What is UnitedHealth stock symbol?

    UnitedHealth Group Incorporated is a public company trading in the US stock market with the UNH symbol

    Is UnitedHealth stock a buy or sell?

    UnitedHealth received 13 ratings in the last 30 days: 11 bullish, 0 bearish and 1 neutral.

    Will UNH go up?

    UnitedHealth had different price forecasts published by analysts in the last month forecasting the target price to $437.38. That is a 9.67% than the current price ($398.81).