UnitedHealth Group Incorporated (UNH) rose in its latest intraday trading, supported by ongoing moves above the 50-day SMA and under the influence of a short-term corrective uptrend. In addition, the RSI is showing early signs of a bullish crossover after previously reaching oversold levels, hinting at a developing positive divergence that strengthens upside potential.
Therefore, we expect the stock to rise in upcoming intraday trading, as long as it holds above 326.55, targeting the resistance level at 376.85.
Todays price forecast: Bullish.