Score 9.2 (out of 10): UNITEDHEALTH GROUP sets up for +15.8% rally in 3 months

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What’s Going On Here?

UnitedHealth has issued promising guidance for 2022 that indicates the company’s growth projections will continue to deliver strong results. Analysts, on average, are expecting +9.9% returns for shareholders.

Why Now?

UNITEDHEALTH GROUP INC has triggered a new technical analysis ‘rally reversal’ signal. During similar occasions, UNITEDHEALTH GROUP INC shares had a median return of +15.8%, over the following 3 months – based on 10 historical occasions with 10 of those showing positive returns (100%). This buy signal for UNITEDHEALTH GROUP INC received a high score of 9.2 (out of 10). This insight was generated on 2022-February-1 with last price of 479.78.

What’s This Company About?

UNITEDHEALTH GROUP INC is in the Medical-HMO business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. ‘Wall Street’ analysts think the stock price will be worth +9/9% (average). Ticker symbol: UNH US.

What’s My Risk / Reward and Time Horizon?

We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 555.57 (+15.8%) has been reached. Based on UNITEDHEALTH GROUP INC’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 477.28 (last price at 479.78), which is equivalent to a -0.5% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

17.4% (October-2021), 2.3% (June-2021), 25.4% (February-2021), 14.2% (September-2020), 4.6% (June-2020), 13.3% (March-2020), 29.6% (October-2019), 39% (June-2019), 22.4% (January-2019), 8.5% (November-2018).

Historical Chart:

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Summary:

NameUnitedHealth Group
ViewUp
Star (1 to 10)9.2
Target+15.8%
Time3 months
Hit Rate100%

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