What are the current technical indicators suggesting for UNH's stock?

The current technical indicators suggest a bearish outlook for UnitedHealth Group (UNH) stock:

1. **Price Trend**: The closing price of UNH on April 17, 2025, was $454.11, which represents a 22.38% decrease from the previous day. This significant drop indicates a strong downward momentum in the stock price.

|code|Ticker|Name|Date|Closing Price|Percentage Change|market_code|
|---|---|---|---|---|---|---|
|UNH|UNH.N|UnitedHealth Group|20250417|454.11|-22.379666347600157|169|

2. **Moving Averages**: The 5-day, 10-day, and 50-day moving averages were $561.85, $558.5, and $513.04, respectively. The fact that the stock price is trading below these short-term and medium-term moving averages suggests a bearish trend.

|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|UNH|UNH.N|UnitedHealth Group|20250417|561.8540|169|

3. **Fibonacci Retracement**: The 618 Fibonacci retracement level over the past year was $557.3. Since the current price is below this level, it suggests that the stock may continue to face downward pressure in the near term.

4. **MACD and RSI**: The MACD (Moving Average Convergence Divergence) was -7.82, and the RSI (Relative Strength Index) was 17.78. These indicators are in the oversold territory, suggesting that the stock may have been under pressure for some time.

|code|Ticker|Name|Date|bollinger upper band|RSI|KDJ|MACD|market_code|
|---|---|---|---|---|---|---|---|---|
|UNH|UNH.N|UnitedHealth Group|20250417|614.1480|17.7827|23.1670|-7.8166|169|

5. **Bollinger Bands**: The Bollinger Band value was $539.61. The stock price is trading below this level, which could indicate a potential for further declines, as the Bollinger Bands are designed to contain prices within a certain range.
6. **Market Sentiment**: The stock's performance has been negatively impacted by the Q1 earnings miss and the outlook cut, which has led to a significant decline in investor confidence.

In conclusion, the current technical indicators point to a bearish sentiment for UNH stock. Investors should exercise caution and consider these indicators along with fundamental factors when assessing the stock's future performance.