Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.


UNITED AIRLINES HOLDINGS INC

Nasdaq / Industrials / Passenger Airlines

Technical Rating and Analysis

7

Overall UAL gets a technical rating of 7 out of 10. Although UAL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
UAL is part of the Passenger Airlines industry. There are 24 other stocks in this industry. UAL outperforms 82% of them.
UAL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UAL is lagging the market slightly.
UAL has an average volume of 10089900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, UAL did better than 77% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month UAL has a been trading in the 48.27 - 56.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
UAL Weekly chart
UAL Daily chart
Setup Rating and Analysis

8

UAL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 52.53, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

34.31

53.52

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 51.60 to 52.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 50.63 to 50.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @44.10 from a trend line in the weekly time frame.
  • Support @43.09 from a trend line in the daily time frame.
  • Support @42.17 from a horizontal line in the daily time frame.
  • Support @34.66 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.43
Mansfield0.25
10 Day High55.84
10 Day Low48.27
20 Day High56.18
20 Day Low48.27
52 Week High58.23
52 Week Low33.68
Performance
1 Week2.38%
2 Weeks-3.27%
1 Month2.53%
3 Month18.18%
6 Month31.68%
12 Month9.26%
2 Year11.25%
3 Year-9.19%
5 Year-31.76%
10 Year19.43%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.47
RSI(14)55.06
LBB50.13
UBB56.23
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
55.8551.594.25 (7.62%)13.12%
An entry @55.84. This is a Buy Stop order right above the 10 day high.An exit @51.59. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 4.25 points, which is 7.62%.When investing 13.12% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.