Test- FTSE 100 Kicks Off August on a High as BP and Senior Lead Market Momentum
$11
10 Oct 2025, 13:13
Chart & Data from IG
UnitedHealth is due to report earnings tomorrow as it begins major earnings alongside banks. Currently, its shares are trading at around $523.68 a share. We can see that the price has approached a resistance level of $526.31, which is proving to be challenging (left oval). The price has tried to break above but so far has been rejected (right oval). A break above this resistance could potentially see a rise towards the upper trendline of the triangle, where the key resistance level rests at $538.50. Perhaps a positive earnings report may provide a momentum boost. Down below, support sits at $517.15 (yesterday’s low). A slip below may see a further move lower towards the cluster between $507-$510. At the time of writing, the trendline support remains in place so there is room for any drastic slippage in the mid-term. Looking at the technical indicators at the bottom of the chart, both are positive with the RSI reading 64. Although, the RSI has dipped slightly.