UnitedHealth Group Enters Oversold Territory

2 min read
fairly difficult
But making UnitedHealth Group Inc an even more interesting and timely stock to look at, is the fact that in trading on Monday, shares of UNH entered into oversold territory, changing hands as low as $385.53 per share.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. UnitedHealth Group presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

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We define oversold territory using the Relative Strength Index, or RSI, which is a technical…
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