UnitedHealth Group Inc. (NYSE:UNH) is ripping higher Tuesday morning after a surprise Medicare Advantage reimbursement boost, pushing shares to the closely watched $300 level and forcing traders to reassess a badly damaged chart.

UNH stock is climbing. See the chart and price action here.

The stock's move follows a favorable CMS rate decision on Monday that flipped a major policy overhang into a modest tailwind, sparking aggressive dip-buying across managed care. 

But even with UNH trading above $300 in Tuesday's early action, the stock is still working to repair a deep primary downtrend, and the technicals suggest the next phase may be more grind than straight‑line recovery.

UNH Technicals

On the chart, UNH has rebounded sharply off its recent lows, with momentum finally turning in the bulls' favor. 

The chart below shows 2026 year-to-date price action and moving averages for UNH: