United Airlines (NASDAQ: UAL) STOCK RECOMMENDATION
| Idea | BUY |
| Buy Range | 52 – 53.5 |
| Target | 57 – 58 |
| StopLoss* | below 50 |
| Duration | 14-15 Trading Days |
| Potential Returns | 7% – 8% |
| Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns |
| BUY | 52 – 53.5 | 57 – 58 | below 50 | 14-15 Trading Days | 7% – 8% |
* Once the first target hit, reset the StopLoss at your buying price.
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United Airlines (NASDAQ: UAL) STOCK OVERVIEW
United Airlines Holdings, Inc., commonly referred to as United Airlines, is one of the major American airlines and a leading global carrier. It was founded in 1926 and has its headquarters in Chicago, Illinois. United Airlines operates an extensive domestic and international route network, serving destinations across the Americas, Europe, Asia, Africa, and Oceania. The company operates a diverse fleet of aircraft, including narrow-body and wide-body jets, and it offers various cabin classes, including economy, premium economy, business, and first class. The airline provides a range of services to its customers, including frequent flyer programs, airport lounges, and partnerships with other travel-related companies.
| Stock Data | |
| NASDAQ Symbol | UAL |
| Sectoral Index | Air Freight/Delivery Services |
| 52 Weeks High | 58.23 |
| 52 Weeks Low | 33.68 |
United Airlines (NASDAQ: UAL) - RELATIVE STRENGTH
Relative Performance - Last 1 Year
United Airlines — NASDAQ —
United Airlines (NASDAQ: UAL) - DAILY TECHNICAL ANALYSIS
- We have seen a huge correction in this stock price.
- After the correction, price consolidated for a long time.
- A Symmetrical Triangle pattern has been formed at the chart.
- With a strong bullish candle, price successfully break through the pattern.
- With the increasing volume, it seems that the price may go upside further.
United Airlines (NASDAQ: UAL) - RSI
- Current RSI of this stock is 66.38, which indicates the strength of buyers.
United Airlines (NASDAQ: UAL) - EMA Cross
- The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
United Airlines (NASDAQ: UAL) - ADX & DI
- Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
CONCLUSION - United Airlines (NASDAQ: UAL) STOCK PRICE FORECAST
Based on our swing trading signals for nasdaq stocks, United Airlines stock price target will be USD 57 – USD 58 in the next 14-15 trading sessions.
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