Overall UAL gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, UAL is only an average performer.
Although UAL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
75.39
When analyzing the support we can see 4 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for UAL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UAL is up. |
| ChartMill Relative Strength | 75.05 | POSITIVE | UAL has a high relative strength, it outperformed 75.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UAL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UAL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UAL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.35 | NEUTRAL | The RSI value for UAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.8 | POSITIVE | The MACD value suggests UAL has a positive trend. |
| Stochastics (14,3) | 83.28 | OVERBOUGHT | The high Stochastics value suggests UAL may be overbought. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for UAL suggests some volalility. |
| Average Directional Index/ADX (14) | 28.89 | POSITIVE | The high ADX value value for UAL suggests a strong trend. |
113.99
+1.14 (+1.01%)
ChartMill assigns a technical rating of 8 / 10 to UAL.
The current trend direction for UNITED AIRLINES HOLDINGS INC (UAL) is Bullish.
UNITED AIRLINES HOLDINGS INC (UAL) has an RSI value of 67.3458. This indicates that the stock is currently neutral.
The MACD indicator for UNITED AIRLINES HOLDINGS INC (UAL) has a value of 0.800598, indicating a bearish trend.
The buy/sell signal for UNITED AIRLINES HOLDINGS INC (UAL) is buy as both the short term and long term trends are positive.