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UnitedHealth Group Inc Breaks Below 200-Day Moving Average - Bearish for UNH

By Market News Video Staff, Monday, September 12, 11:36 AM ET
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In trading on Monday, shares of UnitedHealth Group Inc (NYSE:UNH) crossed below their 200 day moving average of $44.68, changing hands as low as $44.44 per share. UnitedHealth Group Inc shares are currently trading off about 0.5% on the day. The chart below shows the one year performance of UNH shares, versus its 200 day moving average:

UnitedHealth Group Inc 200 Day Moving Average Chart

Looking at the chart above, UNH's low point in its 52 week range is $33.92 per share, with $53.50 as the 52 week high point — that compares with a last trade of $45.37.

According to the ETF Finder at ETF Channel, UNH makes up 15.05% of the iShares Dow Jones U.S. Healthcare Providers Index Fund ETF (AMEX:IHF) which is trading relatively unchanged on the day Monday.

     See what other ETFs contain UNH »
     See what other stocks are held by IHF »

UNH operates in the Hospital & Medical Practitioners sector, among companies like Community Health Systems, Inc. (NYSE:CYH) which is down about 2.6% today, and Lifepoint Hospitals Inc (NASDAQ:LPNT) trading lower by about 2%. Below is a three month price history chart comparing the stock performance of UNH, versus CYH and LPNT.

UNH,CYH,LPNT Relative Performance Chart


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This Article's Word Cloud:   AMEX   According   Average   Below   Channel   ETFs   Group   Hospitals   Investment   LPNT   Lifepoint   Monday   Moving   NYSE   Portfolio   UnitedHealth   about   allows   among   asset   average   below   chart   companies   completely   currently   designed   growth   hands   history   moving   operates   other   performance   point   portfolio   price   range   share   shares   short   stocks   terms   trading   unchanged   versus   week   what   which   with
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