Overall market sentiment has been high on UnitedHealth Group Inc (UNH) stock lately. UNH receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
UnitedHealth Group Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on UNH!
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With UNH Stock Today?
UnitedHealth Group Inc (UNH) stock is trading at $482.01 as of 10:42 AM on Friday, Feb 4, a drop of -$6.42, or -1.31% from the previous closing price of $488.43. The stock has traded between $480.92 and $489.63 so far today. Volume today is below average. So far 494,466 shares have traded compared to average volume of 3,403,612 shares.
To screen for more stocks like UnitedHealth Group Inc click here.
More About UnitedHealth Group Inc
UnitedHealth Group is one of the largest private health insurers in the United States, providing medical benefits to 48 million members in the U.S. and internationally at the end of 2020. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth's continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.
Click Here to get the full Stock Report for UnitedHealth Group Inc stock.
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