UNITED AIRLINES HOLDINGS INC (UAL) Stock Technical Analysis
USA - NASDAQ:UAL - US9100471096 - Common Stock
104.05 USD
+0.9 (+0.87%)
102.139 USD
-1.91 (-1.84%)
Taking everything into account, UAL scores 7 out of 10 in our technical rating. In the last year, UAL was one of the better performers, but we do observe some doubts in the very recent evolution.
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!
Looking at the yearly performance, UAL did better than 84% of all other stocks.
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.
In the last month UAL has a been trading in the 92.90 - 107.20 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
UAL has an average volume of 5300490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
UAL is part of the Passenger Airlines industry. There are 21 other stocks in this industry, UAL did better than 65% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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 100.91, a Stop Loss order could be placed below this zone.
More info and screens
70.93
111.63
3 important support areas can be observed.
- A support zone ranging from 95.33 to 100.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @93.15 from a horizontal line in the daily time frame.
- Support @71.65 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @106.51 from a horizontal line in the daily time frame.
- A resistance zone ranging from 109.00 to 110.52. 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 | NEUTRAL | NEUTRAL | The short term trend for UAL is neutral. |
| ChartMill Relative Strength | 84.83 | POSITIVE | UAL has a high relative strength, it outperformed 84.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of UAL is above a declining 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) | 58.02 | NEUTRAL | The RSI value for UAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests UAL has a positive trend. |
| Stochastics (14,3) | 69.55 | NEUTRAL | The Stochastics value for UAL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for UAL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.62 | 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 106.52 | 92.89 | 13.63 (12.80%) | 7.82% |
| An entry @106.52. This is a Buy Stop order right above the resistance zone. | An exit @92.89. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 13.63 points, which is 12.80%. | For a 1.00% total portfolio risk, you can invest 7.82% of your capital in this trade. |
- 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.
104.05
+0.9 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg0.87%
1 Week6.08%
2 Weeks11.7%
1 Month-1.38%
3 Month12.79%
6 Month56.94%
12 Month40.32%
2 Year197.2%
3 Year141.53%
5 Year207.3%
10 Year72.53%
15 Year258.3%
Volatility
ATR(14)3.97
ATR(20)%3.6%
ATR Inc9.9%
Range Today1.8
ADR(20)3.57
ADR(20)%3.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.83
Mansfield0.57
10 Day High106.2
10 Day Low92.9
20 Day High107.2
20 Day Low92.9
52 Week High116
52 Week Low52
CS1 End100.91
CR1 Start106.51
Volume & EV
DER(3)1.89%
DER(5)-0.46%
Volume10.11M
Volume Incr29.57%
Vol(5)7.21M
Vol(50)5.30M