UnitedHealth is neutral

Our pivot point stands at 569.

Our preference

Look for a drop towards 569 before a bounce.

Alternative scenario

The downside breakout of 569 would call for 557 and 550.

Comment

The RSI is above 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI should trigger further losses. Moreover, the stock is below its 20 day moving average (586.346) but above its 50 day moving average (579.2508).

Supports and resistances

623 **

616 *

608 **

601

584.68 (USD-last)

574

569 **

557 *

550 **

Number of asterisks represents the strength of support and resistance levels.