How is UNH valued relative to the market?

UNH currently trades at a trailing P/E of 24.68x and a forward P/E of 17.01x. The stock has a beta of 0.62, meaning it moves roughly less than the broader market on average. Valuation multiples should always be considered alongside earnings growth rate and sector context.

How profitable is UNH?

UNH reports a gross margin of 19.72%, an operating margin of 7.13%, a net profit margin of 3.14%. Return on equity stands at 14.15% and return on assets at 4.87%. These figures provide context for evaluating the quality and sustainability of the company's earnings relative to its peers.

Does UNH pay a dividend?

UNH pays an annual dividend of $9.28, representing a forward yield of 2.45%. The payout ratio is 57.52%, which indicates the share of earnings distributed to shareholders. The most recent dividend date was 2026-09-21. Dividend sustainability should always be evaluated alongside free cash flow trends.

What is the analyst price target for UNH?

Based on a consensus of 26 analysts, the median price target is $490.00, the most optimistic target is $529.00, the most conservative target is $313.00. At the current price of $375.98, the median target implies 30.3% upside. Analyst targets represent 12-month price expectations and should be considered alongside technical signals and momentum data.

UNH is held by 3 ETFs tracked by StockBotty. The largest allocations are in XLV (4.73%), DIA (3.63%), SPY (0.44%). Significant ETF ownership means institutional flows in and out of these funds can influence UNH's price action, particularly around rebalancing dates.

What is the current trend signal for UNH?

As of the most recent session, UNH closed at $375.98. The swing trend is negative with ADX at 6.4 (weak trend strength). Momentum is bearish and has been running for 19 days. A Golden Cross is in place. 30-day historical volatility is at 18.9%.

When was the last Trendchange signal for UNH and what is its historical edge?

The most recent Trendchange signal for UNH fired on 07.04.26 at $307.73. The position has been held for 56 trading days. 10-day return from entry: +5.12%. 20-day return: +20.48%. The historical edge of the signal system for UNH is +9.87% across 125 tracked signals. The best-performing entry bucket historically is the 15-20% range, averaging 17.5% at 10 days and 13.1% at 60 days.

UNH – UnitedHealth Group Incorporated

Healthcare | Healthcare Plans | Website

Quick Stats

Trend Signal

$375.98

Last Close

Official EOD price – basis for all calculations

▼ Short

Swing Trend

Moving average structure confirms downtrend – bears in control

+9.87%

Signal Edge

Slim positive edge across 1 signals – treat with caution

6.4

Trend Strength (ADX)

Weak / ranging – trend signals less reliable

Options Signals

57%

IV-Rank (52w)

IV in normal range – no clear vol edge

37% / 63%

Call / Put Flow

Bearish positioning – put premium dominates options flow

Last Trendchange Signal

07.04.26

Date

Signal entry date

$307.73

Entry Price

Closing price at signal date

56d

Days Held

Trading days since signal

+5.12%

+10d

Return after 10 trading days

+20.48%

+20d

Return after 20 trading days

+27.1%

+30d

Return after 30 trading days

+37.64%

+60d

Return after 60 trading days

Trend Overview

Neutral – No Clear Edge Composite Score: 0 / 7

UNH is in a neutral phase with no clear directional edge. Trend and momentum indicators are roughly balanced between positive and negative readings.

What to watch

No actionable setup is present. The market is not offering a clean edge in either direction. Patience is the discipline here.

Options Signal Highlight

HIGH Strength 10.4 Bear Call Spread 📖 View full options analysis →

UNH Price Chart

Technical Trend Analysis

As of 07.10.2026 · Close: $375.98 · ATR14: $2.35

Neutral – No Clear Edge Composite Score: 0 / 7

UNH is in a neutral phase with no clear directional edge. Trend and momentum indicators are roughly balanced between positive and negative readings.

What to watch

No actionable setup is present. The market is not offering a clean edge in either direction. Patience is the discipline here.

Indicator	Signal	Detail
Swing Trend	▼ Short	Primary directional bias
Momentum	▼ Down · -19d	Strength: -0.03 – Rising
Trend Strength (ADX)	6.4 – Weak	ADX38: 25.0
Volatility (HV30)	18.9% – Calm	HV90: 23.5% \| HV180: 38.5%
Vola Compression	None	Normal range
MA Structure	Golden Cross ✓	Stack: Partially aligned (1/3)
EMA21 Distance	~0 ATR – Near line	EMA21: $374.03
GD200 Extension	2.3 ATR – Normal	GD20: 0.0 \| GD50: -1.6 \| GD100: -2.5

📉 Downside Momentum Intensifying

Downward momentum active for -19 days and still building (-0.03). Selling pressure is not easing.

⚪ Trend Strength – ADX14: 6.4 (Weak)

Weak or ranging market. ADX38: 25.0. Trend-following signals carry lower reliability.

🔻 Volatility Calm

HV30: 18.9% | HV90: 23.5% | HV180: 38.5%. Short-term vol is below its 90-day average. Calmer conditions favour tighter setups.

⭐ Golden Cross – Long-term Bullish

Golden Cross in place. GD50 $391.01 above GD200 $357.04 by 9.52%. Long-term structure is bullish. MA stack: Partially aligned (1/3).

🎯 EMA21 – Bounce Confirmed

Price touched the EMA21 at $374.03 and is pulling away with rising distance. Classic continuation setup.

📐 Key Price Levels & ATR Distance

GD20: $375.77 (0.0 ATR) | GD50: $391.01 (-1.6 ATR) | GD100: $399.77 (-2.5 ATR) | GD200: $357.04 (2.3 ATR). ATR14: $2.35.

Monthly Performance History

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2010	4.66	2.20	-4.02	-8.12	-3.93	-2.00	9.34	0.89	7.73	1.75	1.14	-4.14	14.53
2011	10.56	1.21	6.48	7.94	-1.86	6.68	-6.59	-1.04	-2.25	11.81	5.52	4.45	36.49
2012	0.58	4.68	5.27	-5.02	-2.38	6.29	-9.19	6.03	1.56	-0.81	-4.50	0.65	5.34
2013	1.23	-4.16	6.89	1.63	4.87	4.27	11.00	-1.94	-1.31	-5.95	8.52	1.54	38.06
2014	-3.07	9.23	6.34	-8.31	6.24	2.87	-1.03	6.37	-0.16	11.93	3.97	2.05	35.56
2015	5.43	5.91	3.40	-5.15	6.19	1.79	-1.60	-4.29	3.00	1.00	-5.04	1.19	16.73
2016	-1.12	2.77	5.94	1.35	1.19	4.96	1.66	-5.20	3.14	2.05	13.55	-0.56	37.42
2017	0.40	1.64	-2.34	5.61	0.34	3.25	2.76	3.47	-1.95	6.47	8.90	-2.79	36.55
2018	7.06	-3.85	-4.66	8.84	1.97	0.82	2.32	5.96	-0.92	-2.88	7.83	-13.00	12.64
2019	T 10.97	-9.86	0.45	-5.08	T 4.25	3.15	2.63	-6.12	-5.77	T 16.34	10.97	5.12	20.74
2020	-6.85	T -6.96	-8.69	T 23.24	7.15	-3.59	T 1.70	2.94	-0.34	T -2.53	7.77	2.78	19.89
2021	T -4.56	-0.53	T 11.18	8.64	1.48	-1.54	T 1.81	0.17	-6.38	T 17.34	-2.18	13.01	43.67
2022	-5.92	T 1.59	T 7.08	-0.79	-0.87	T 4.28	4.82	-3.00	-3.62	T 7.69	0.08	-1.25	5.55
2023	-3.75	-4.24	-0.55	T -0.42	-1.71	T -2.63	T 5.96	-5.58	T 5.87	4.08	4.02	-3.78	1.51
2024	T -5.12	T -2.67	1.06	T -1.23	2.33	2.38	T 16.48	3.04	-2.34	T -3.22	T 7.51	-16.87	-6.21
2025	T 7.53	-13.36	T 12.14	-21.35	-24.65	2.38	-23.48	T 30.32	11.82	-1.94	-1.20	2.13	-34.57
2026	-14.71	2.69	-8.25	T 35.22	3.13	9.42	-2.85	-6.25	-7.37	2.95			11.77

T A T badge marks a Trendchange signal in that month. Hover for entry price.

UNH - Trendchange Chart

Trendchange Signal History

The last 10 Trendchange signals for UNH:

Date	Entry Price	Days Held	+10d	+20d	+30d	+60d
07.04.26	$307.73	56d	+5.12%	+20.48%	+27.1%	+37.64%
19.08.25	$304.24	31d	+1.5%	+11.68%	+13.5%	+16.77%
26.03.25	$518.20	25d	+6.73%	+12.9%	+12.9%	+12.9%
31.01.25	$542.49	6d	-2.29%	-2.29%	-2.29%	+0%
07.11.24	$605.45	12d	-0.82%	+0.88%	+0.88%	+0.88%
10.10.24	$597.70	6d	+1.29%	+1.29%	+0%	+0%
15.07.24	$515.37	21d	+10.55%	+8.42%	+13.42%	+14.31%
22.04.24	$491.23	36d	+0.25%	+6.8%	+2.53%	+2.53%
21.02.24	$521.97	12d	-1.64%	-1.64%	-1.64%	-1.64%
08.01.24	$536.52	9d	+0.59%	+0.59%	+0.59%	+0%

Signal Statistics - Historical Edge

Calculated edge for UNH: 9.87%

Range	N	10d	20d	30d	60d	Signal
15-20%	1	+17.51%	+20.88%	+13.13%	+13.13%	Hold
10-15%	10	+11.36%	+8.49%	+9.46%	+11.56%	Hold
7-10%	6	+8.69%	+10.83%	+12.51%	+13.91%	Hold
5-7%	12	+6.2%	+7.35%	+8.3%	+9.84%	Hold
3-5%	7	+3.95%	+4.39%	+7.18%	+7.92%	Hold
1-3%	24	+1.93%	+3.66%	+5.23%	+12.54%	Hold
0-1%	13	+0.53%	+1.28%	+1.79%	+1.58%	Close
-1-0%	11	-0.51%	+0%	+0.31%	+1.17%	Neg
-3-1%	18	-1.86%	-1.69%	-1.21%	-0.02%	Neg
-5-3%	14	-4.11%	-3.19%	-2.17%	-2.26%	Neg
-7-5%	8	-5.91%	-5.44%	-4.09%	-2%	Neg
-10-7%	1	-8.45%	-8.45%	+0%	+0%	Neg

Exit Rules: Stoploss: -10% | Close if below 1% after 10 days

Signal data as of October 7, 2026

HIGH ALERT ● Neutral Strength: 10.4

Options Metrics

IV-Rank (52w)

57%

IV is in its normal historical range – no structural vol edge in either direction.

Call / Put Flow

37% / 63%

More than 60% of options premium is flowing into puts. This indicates net bearish positioning by market participants.

GEX (Mio.)

-41,072,285.7

Negative GEX: market makers are short gamma. They sell dips and buy rallies, which amplifies moves and increases volatility.

GEX Flip Strike

$372.50 · 0.9%

GEX flip strike is very close to spot price. Crossing this level can trigger a regime change – from suppressed to amplified volatility.

Max Pain

$375.00 · 0.3%

Max Pain is the price at which the most options contracts expire worthless. As expiration approaches, price often gravitates toward this level due to dealer hedging flows.

Spot Price

$375.98

Last traded price at signal calculation time

Gamma Exposure Timeline

Key GEX levels, Max Pain, and unusual activity across weekly and monthly expirations, plotted around the current spot price.

UNH GEX timeline showing put/call gamma pins, max pain and flip strike

Key GEX levels, Max Pain, Anchor, Ceiling and unusual activity across 14-30 DTE, plotted around the current spot price.

Put and call pins mark strikes where dealer gamma exposure concentrates. The GEX flip strike is where dealer hedging shifts from stabilizing (positive gamma) to amplifying (negative gamma) price moves. Max Pain is the strike where the most options expire worthless. Dashed markers flag unusual options activity. Learn how to use these signals in our options strategy guides →

Strategy Setups – You Decide

Based on current options data, one setup stands out. Each strategy has different risk/reward characteristics – the final decision is always yours.

Setup 1 of 1 Bear Call Spread Full guide →

Why this fits today

Bearish flow at 37% with moderate IV (57%) and Max Pain 0.3% from spot – a defined-risk bearish setup with price gravitating toward Max Pain.

Advantages

✓ Defined maximum loss – far safer than a naked short call

✓ Profits from bearish or sideways movement without needing a price collapse

✓ Lower margin requirement than uncovered call selling

Risks

✕ Profit is capped at the net premium collected

✕ A sharp bullish move results in maximum loss on the spread

✕ Strike placement requires balancing premium income vs probability of profit

▶ FAQ: Bear Call Spread

What is a Bear Call Spread?

A Bear Call Spread sells a call at a lower strike and buys a call at a higher strike. The net credit is the maximum profit. It profits when the underlying stays below the short call strike at expiration. It is a defined-risk bearish strategy.

When is a Bear Call Spread the right choice?

A Bear Call Spread suits environments with elevated IV (to collect meaningful premium), bearish flow bias, and a spot price close to Max Pain. The defined risk structure makes it preferable to a naked short call, especially in choppy markets.

All setups above are personal trade journal observations derived from options flow data. This is not financial advice. The decision to trade, and which strategy to use, is entirely yours.

View full options flow data and historical signals on the Options Flow Analysis Overview →

Valuation

Metric	Value
Market Cap	$344.27 B
PE Ratio (TTM)	24.68
Forward PE	17.01
PEG Ratio	1.03
EV/EBITDA	14.75
Price/Sales	0.76
Price/Book	3.53
Beta	0.62

Profitability

Metric	Value
Gross Margin	19.72%
Operating Margin	7.13%
Net Margin	3.14%
ROE	14.15%
ROA	4.87%

Dividends

Metric	Value
Annual Dividend	$9.28
Forward Yield	245.00%
Payout Ratio	57.52%
Dividend Date	2026-09-21

Analyst Consensus (26 Analysts)

Metric	Value
Median Target	$490
High Target	$529
Low Target	$313

About UnitedHealth Group Incorporated

UnitedHealth Group Incorporated operates as a health care company in the United States and internationally. It operates through four segments: Optum Health, Optum Insight, Optum Rx; and UnitedHealthcare. The Optum Health segment provides care delivery, care management, wellness and consumer engagement, and health financial services with patients, consumers, care delivery systems, providers, employers, payers, and public-sector entities. The Optum Insight segment offers software and information products, advisory consulting arrangements, and managed services outsourcing contracts to hospital systems, physicians, health plans, public entities, life sciences companies and other organizations. The Optum Rx segment provides pharmacy care services and programs, including retail network contracting, home delivery, specialty and community health pharmacy services, infusion, and purchasing and clinical capabilities, as well as develops programs in the areas of step therapy, formulary management, drug adherence, and disease and drug therapy management. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; Medicaid plans, including Temporary Assistance to Needy Families; Children's Health Insurance Programs; Dual SNPs; Long-Term Services and Supports; Aged, Blind and Disabled; and other federal, state, and community health care programs. and health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage. UnitedHealth Group Incorporated was founded in 1974 and is based in Eden Prairie, Minnesota.

ETF Holdings

UnitedHealth Group Incorporated is included in 3 ETFs tracked by StockBotty.

ETF	Weight
XLV	4.73%
DIA	3.63%
SPY	0.44%

Frequently Asked Questions – UnitedHealth Group Incorporated (UNH)

Disclaimer: All trade history on this page reflects the author's personal trading activity only. This is not financial advice. Past performance is not indicative of future results. See our full Disclaimer.