will UNH bounce back after today losses?
4/18/2025 03:10am
**UnitedHealth Group (UNH) is likely to experience a bounce back from today's losses**, considering the following points:
1. **Support Levels**: The stock is currently positioned between narrow resistance levels and wide resistance levels, indicating a potential for price swing rather than a continuation of the bearish trend.
2. **Forecast Price Trend**: The trend forecast suggests a bearish trend but with a continuation probability of 85% for the next 4 days. This implies that while there's a chance the stock could continue to decline, there's also a significant probability of a reversal or a significant pause in the downward trend in the near term.
3. **Market Sentiment and Company Performance**: Despite the negative earnings report and revised guidance, the company's strong earnings recovery from the previous year's loss and the investment in value-based care and technology suggest a potential for long-term growth. Additionally, the company's share price remained below the consensus price target, indicating potential upside according to analysts.
4. **Technical Indicators**: The current trend is between narrow and wide resistance levels, which suggests that the stock has the potential to bounce back if it reaches or surpasses these levels.
5. **Volume and Price Movement**: The trading volume was significant on the day of the earnings release, which could indicate investor interest and potential for price movement.
|code|Ticker|Name|Date|Closing Price|Trading Volume|market_code|
|---|---|---|---|---|---|---|
|UNH|UNH.N|UnitedHealth Group|20250417|451.285|23751923|169|
In conclusion, while there are bearish indicators, the likelihood of a bounce back from today's losses is high, given the support levels, forecast price trend, market sentiment, technical indicators, and recent company performance. Investors should monitor the stock's movement closely, especially in the near term, for signs of a potential reversal or continuation of the trend.