UNITEDHEALTH GROUP: a new attitude toward Obamacare

By | December 9, 2015

UnitedHealth Group this week announced its withdrawal from the sales of insurance policies through the exchange of Obamacare. In the words of Director General Stephen Hemsley, this trend has brought us only additional losses. UnitedHealth Group also ceases to pay brokerage commissions on sales. As expected, these factors will lead to lower insurance premiums and a drop in revenues.

At the end of the 3rd quarter of UnitedHealth Group demonstrates the weakening financial performance, moreover the company in November, revised forecasts downward by Q4 2015 and 2016.

The program itself begins to falter ObamaCare, due to achieve market saturation. The number of uninsured Americans at a minimum – 10.7%. Americans recognize the program expensive and not effective. At the same penalty for the lack of health insurance in 2016, is expected to become growth drivers weighty collection of premiums and increase the attractiveness of shares.

On the daily chart the stock price is below MA5 also retain move below MA50. On the half-hour and hourly chart there is lateral movement with large amplitude oscillations. MACD is in negative territory, signaling a negative trend.

unitedhealth group chart

UnitedHealth Group chart

Trading analytics

UnitedHealth Group (UNH) – sell UNH – Entry price: 115,5-116,5. Goal: 111,5. Stop loss: 118,5.

Warning: Profitability in the past does not mean profitability in the future. Any projections are for information only and does not guarantee a result.

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