UNITED AIRLINES HOLDINGS INC (UAL) Stock Technical Analysis
NASDAQ:UAL - Nasdaq - US9100471096 - Common Stock - Currency: USD
Taking everything into account, UAL scores 9 out of 10 in our technical rating. UAL has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that UAL is one of the better performing stocks in the market, outperforming 93% of all stocks.
UAL is part of the Passenger Airlines industry. There are 22 other stocks in this industry. UAL outperforms 90% of them.
In the last month UAL has a been trading in the 71.55 - 94.57 range, which is quite wide. It is currently trading near the high of this range.
UAL has an average volume of 7980710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
UAL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UAL is lagging the market.
Volume is considerably higher in the last couple of days.
Although UAL has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
47.57
93.18
We found 5 important support areas.
- A support zone ranging from 80.14 to 81.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @78.06 from a trend line in the daily time frame.
- Support @73.33 from a horizontal line in the daily time frame.
- Support @65.16 from a trend line in the weekly time frame.
- Support @48.05 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 92.26 to 92.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 93.85 | POSITIVE | UAL has a high relative strength, it outperformed 93.85% 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) | 65.7 | NEUTRAL | The RSI value for UAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.98 | POSITIVE | The MACD value suggests UAL has a positive trend. |
| Stochastics (14,3) | 78.34 | NEUTRAL | The Stochastics value for UAL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for UAL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.5 | NEUTRAL | The ADX value for UAL suggests a possible start of a new trend. |
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)
92.25
+1.03 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg1.13%
1 Week5.2%
2 Weeks12.01%
1 Month24.16%
3 Month39.14%
6 Month-14.09%
12 Month92.47%
2 Year69.86%
3 Year151.02%
5 Year193.98%
10 Year63.59%
15 YearN/A
Volatility
ATR(14)3.87
ATR(20)%3.94%
ATR Inc30.13%
Range Today3.05
ADR(20)3.25
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.85
Mansfield1.1
10 Day High94.57
10 Day Low79.86
20 Day High94.57
20 Day Low71.55
52 Week High116
52 Week Low37.02
CS1 End81.33
CR1 Start92.26
Volume & EV
DER(3)0.94%
DER(5)-0.32%
Volume7.63M
Volume Incr55.07%
Vol(5)11.96M
Vol(50)7.98M