UnitedHealth Group trade tops 40% in gains
UnitedHealth Group: a flat week (+0.3%) as sell volume climbs to 75%
UnitedHealth Group trade tops 40% in gains
Our view last week
UnitedHealth Group's weekly technical picture shows a nearly flat close (-0.2%), boxed between two daily pivots - resistance in the 427 area, support in the 418 area - with volume contracting and mixed rejection bars: an indecisive stretch. Momentum has cooled for three straight weeks and money flow, still solidly positive, is easing off its recent peak. The trade remains up more than 39%, with earnings due July 16 keeping attention high.
This week's summary
UnitedHealth Group's weekly technical picture shows another near-flat session (+0.3%), but control is shifting under the surface: sell volume climbs to 75% of trading, up from 50% a week ago. Momentum keeps cooling for a fourth straight week, and money flow, still solidly positive, keeps easing off its recent peak. The weekly ADX, though, is rising and confirms a trend that still carries conviction. Earnings on July 16 are now behind us, with the trade up more than 40%.
IQS Phase
66
in tension
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#24 / 112
US stocks in progress
Trade P&L %
+40.01%
from signal to today
restricted Platinum content