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UNH Stabilizes Near $328, Eyes Upside Potential

@Trend_Radar
$UnitedHealth(UNH)$ UNH Climbs +0.86%: Healthcare Giant Seeks Stability Near $328 Latest Close Data UNH closed at $327.58 on Dec 26, marking a +0.86% gain. The stock remains ~46% below its 52-week high of $606.36. Core Market Drivers The stock's modest uptick coincides with general market stability during the holiday period. As the largest U.S. health insurer, UNH continues to navigate post-pandemic utilization trends and ongoing regulatory scrutiny in the healthcare sector. Technical Analysis Volume was light at 2.84M shares (Volume Ratio: 0.78), indicating low conviction. The MACD (DIF: -1.04, DEA: -0.73, MACD: -0.62) remains in negative territory, signaling bearish momentum persists. The RSI(6) at 45.17 shows the stock is neither overbought nor oversold, suggesting a lack of strong directional pressure. Key Price Levels Primary Support: $324.13 (Today's Low) Strong Resistance: $327.60 (Recent Pivot) Immediate Pivot: ~$327.50 (Today's Close Zone). A sustained break above is needed for further upside. Valuation Perspective The stock trades at a P/E TTM of 17.05 and a Forward P/E of 20.08. This is near its historical average Forward P/E of 19.08, indicating a fair valuation relative to its own history. Analyst Targets Sentiment is bullish. 26 analysts have an average price target of $397.39 (+21% upside). The consensus rating is "Buy," with 5 Strong Buy, 14 Buy, 8 Hold, and 2 combined Sell/Underperform ratings. Weekly Outlook Expect consolidation within the $324-$332 range in the near term. A decisive close above $328 could target a move toward $335. Conversely, a break below $324 may see a retest of the $320 support level. Risk Disclaimer This analysis is for informational purposes only and not financial advice. Investing involves risk, including potential loss of principal. Past performance does not guarantee future results. Always conduct your own research. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs. 🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now Find out more here. Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP. Click to access the activity Other helpful links: 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.
UNH Stabilizes Near $328, Eyes Upside Potential

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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