UNH Plummets 37% YTD—But Technicals Scream ’Buy’ Opportunity Now

UnitedHealth’s stock just bled out—down a brutal 37% since January. Technical indicators flipped green anyway. Who’s buying the dip?

Reading the Charts

RSI diving into oversold territory. MACD hinting at a bullish crossover. Classic bounce signals flashing amid the wreckage.

Wall Street’s Ironic Twist

Fundamentals look shaky—regulatory heat, cost pressures, the usual suspects. But the algos don’t care. They trade patterns, not narratives. Funny how that works.

Bottom Line: Contrarian Play or Value Trap?

Either you see a screaming buy in a high-quality name… or you’re catching a falling knife. In a market this bipolar, sometimes the charts are the only therapist you can afford. Just don’t expect sympathy from your portfolio manager.

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Analyzing UnitedHealth Stock’s Technical Indicators

According to TipRanks’ easy-to-understand technical analysis tool, UNH stock is currently on an upward trend. The stock’s 50-day Exponential Moving Average (EMA) is 298.16, while its price is $315.39, implying a bullish signal. Also, its shorter-duration EMA (20 days) signals an uptrend.

Moreover, the Rate of Change (ROC) is a momentum-based technical indicator. It measures the percentage change in a stock’s price between the current price and the price from a specific number of periods ago. Typically, a ROC above zero confirms an uptrend. UnitedHealth stock currently has an ROC of 14.32, which signals a Buy.

Another technical indicator, Williams %R, helps traders see if a stock is overbought or oversold. For UNH, Williams %R currently shows a Buy signal, suggesting the stock is not overbought and has room to run.

Is UNH a Good Buy Right Now?

Turning to Wall Street, UNH stock has a Strong Buy consensus rating based on 18 Buys, two Holds, and one Sell assigned in the last three months. At $318.81, the average UnitedHealth stock price target implies a 1.08% upside potential.