We assign a technical rating of 8 out of 10 to UAL. 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.
Besides having an excellent technical rating, UAL 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 114.36, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
76.87
When analyzing the support we can see 5 important areas.
- A support zone ranging from 111.45 to 114.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @99.52 from a trend line in the weekly time frame.
- Support @97.85 from a trend line in the daily time frame.
- Support @92.53 from a trend line in the daily time frame.
- Support @77.65 from a trend line in the weekly time frame.
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 | 73.36 | POSITIVE | UAL has a high relative strength, it outperformed 73.36% 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) | 64.61 | NEUTRAL | The RSI value for UAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests UAL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.68 | NEUTRAL | The Stochastics value for UAL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for UAL suggests some volalility. |
| Average Directional Index/ADX (14) | 34.7 | POSITIVE | The high ADX value value for UAL suggests a strong 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 |
|---|---|---|---|
| 119.22 | 110.68 | 8.54 (7.16%) | 13.96% |
| An entry @119.22. This is a Buy Stop order right above the 10 day high. | An exit @110.68. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 8.54 points, which is 7.16%. | When investing 13.96% 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.
117.32
+1.85 (+1.6%)
UNITED AIRLINES HOLDINGS INC / UAL FAQ
Can you provide the ChartMill technical rating for UNITED AIRLINES HOLDINGS INC?
ChartMill assigns a technical rating of 8 / 10 to UAL.
What is the current trend direction of UNITED AIRLINES HOLDINGS INC (UAL) stock?
The current trend direction for UNITED AIRLINES HOLDINGS INC (UAL) is Bullish.
Can you provide the RSI signal for UNITED AIRLINES HOLDINGS INC?
UNITED AIRLINES HOLDINGS INC (UAL) has an RSI value of 64.6051. This indicates that the stock is currently neutral.
What is the MACD signal for UAL stock?
The MACD indicator for UNITED AIRLINES HOLDINGS INC (UAL) has a value of -0.0684348, indicating a bearish trend.
Can you provide the short term momentum for UNITED AIRLINES HOLDINGS INC?
The short term momentum for UNITED AIRLINES HOLDINGS INC (UAL) is positive.