We assign a technical rating of 7 out of 10 to UAL. UAL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although UAL has an excellent technical rating, the quality of the presented setup is not ideal 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.
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74.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 97.54 to 98.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 89.95 to 92.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @75.15 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- 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 | NEUTRAL | NEUTRAL | The long term trend for UAL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UAL is up. |
| ChartMill Relative Strength | 53.71 | NEUTRAL | UAL is not amongst the best or worst performers 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) | 59.69 | NEUTRAL | The RSI value for UAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.35 | POSITIVE | The MACD value suggests UAL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.91 | OVERBOUGHT | The high Stochastics value suggests UAL may be overbought. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for UAL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.46 | NEGATIVE | The low ADX value for UAL suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 110.53 | 97.53 | 13.00 (11.76%) | 8.50% |
| An entry @110.53. This is a Buy Stop order right above the resistance zone. | An exit @97.53. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 13.00 points, which is 11.76%. | For a 1.00% total portfolio risk, you can invest 8.50% 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.
104.95
+0.22 (+0.21%)
UNITED AIRLINES HOLDINGS INC / UAL FAQ
Can you provide the ChartMill technical rating for UNITED AIRLINES HOLDINGS INC?
ChartMill assigns a technical rating of 7 / 10 to UAL.
Can you provide the trend direction for UNITED AIRLINES HOLDINGS INC?
The current trend direction for UNITED AIRLINES HOLDINGS INC (UAL) is Bearish.
What is the RSI signal for UAL stock?
UNITED AIRLINES HOLDINGS INC (UAL) has an RSI value of 59.6941. This indicates that the stock is currently neutral.
What is the MACD signal for UNITED AIRLINES HOLDINGS INC (UAL) stock?
The MACD indicator for UNITED AIRLINES HOLDINGS INC (UAL) has a value of 1.34601, indicating a bullish trend.