NASDAQ trade advice (B): US consumer discretionary stock | 6-7% gain | USA stock trading idea on 6 Nov 2024

Date
November 6, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NASDAQ, United States of America

Swing Stocks Trading Advice USA

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • United Airlines Holdings
  • 78 – 80
  • 85 – 86
  • Below 75
  • 6% – 8%
  • 12 - 14 Days
  • Buy
    United Airlines Holdings
  • Buy
    Range
    78 – 80
  • Target
    85 – 86
  • Stoploss
    Below 75
  • Upside
    Potential
    6% – 8%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    United Airlines Holdings (NASDAQ: UAL) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • UAL
  • United Airlines Holdings
  • Consumer Discretionary
  • 81.35
  • 36.23
  • NASDAQ code UAL
  • Stock Name United Airlines Holdings
  • Sector Consumer Discretionary
  • 52 Weeks High 81.35
  • 52 Weeks Low 36.23
  • United Airlines Holdings (NASDAQ: UAL) vs NASDAQ - Relative Strength Comparison

    The image showcases United Airlines Holdings's 1-year performance relative to NASDAQ.
    Relative Performance - Last 1 Year
    UAL —   NASDAQ —

  • United Airlines Holdings (NASDAQ: UAL) - Technical Analysis (Daily)

    United Airlines Holdings - Technical Analysis chart on Daily Price and Volume
    United Airlines Holdings - Technical Analysis chart on Daily Price and Volume

    • After a prolonged phase of consolidation, the stock price formed a Double Bottom Pattern.
    • Once it broke out, the price shot up with significant momentum.
    • This rally is anticipated to continue, pushing the price to even greater heights.
  • United Airlines Holdings (NASDAQ: UAL) - RSI Indicator

    United Airlines Holdings stock analysis based on RSI indicator
    United Airlines Holdings - RSI indicator

    • Current RSI of this stock is 73.33, which indicates the strength of buyers.

  • United Airlines Holdings (NASDAQ: UAL) - ADX & DI Indicator

    United Airlines Holdings stock analysis based on ADX & DI indicator
    United Airlines Holdings - ADX & DI indicator

    • 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.

  • United Airlines Holdings (NASDAQ: UAL) - EMA Crossover

    United Airlines Holdings stock analysis based on EMA Crossover
    United Airlines Holdings - EMA Crossover

    • 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.

  • Conclusion - United Airlines Holdings (NASDAQ: UAL) Stock Price Forecast

    Based on our positional trading ideas in USA stocks, United Airlines Holdings stock price target will be USD 85 - USD 86 in the next 12-14 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments
    Join Our Telegram Channel for Saudi Stock Market Update
    Saudi Stock Analysis
    Join Our Telegram Channel for USA Stock Analysis Update
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • United Airlines Holdings
  • 78 – 80
  • 85 – 86
  • Below 75
  • 6% – 8%
  • 12 - 14 Days
  • Buy United Airlines Holdings
  • Buy
    Range
    78 – 80
  • Target 85 – 86
  • Stoploss Below 75
  • Upside
    Potential
    6% – 8%
  • Trade
    Duration
    12 - 14 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • United Airlines Holdings
  • 78 – 80
  • 85 – 86
  • Below 75
  • 6% – 8%
  • 12 - 14 Days
  • Buy
    United Airlines Holdings
  • Buy
    Range
    78 – 80
  • Target
    85 – 86
  • Stoploss
    Below 75
  • Upside
    Potential
    6% – 8%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    United Airlines Holdings (NASDAQ: UAL) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • UAL
  • United Airlines Holdings
  • Consumer Discretionary
  • 81.35
  • 36.23
  • NASDAQ code UAL
  • Stock Name United Airlines Holdings
  • Sector Consumer Discretionary
  • 52 Weeks High 81.35
  • 52 Weeks Low 36.23
  • Company profile

    United Airlines Holdings, Inc. operates through its subsidiaries to deliver air transportation services across North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company efficiently moves both passengers and cargo using its extensive mainline and regional fleets. Additionally, it provides a range of services including catering, ground handling, flight training, and maintenance for external clients. Previously named United Continental Holdings, Inc., the company rebranded to United Airlines Holdings, Inc. in June 2019. Established in 1968, its headquarters is located in Chicago, Illinois.

  • United Airlines Holdings (NASDAQ: UAL) vs NASDAQ - Relative Strength Comparison

    The image showcases United Airlines Holdings's 1-year performance relative to NASDAQ.
    Relative Performance - Last 1 Year
    UAL —   NASDAQ —

  • United Airlines Holdings (NASDAQ: UAL) - Technical Analysis (Daily)

    United Airlines Holdings - Technical Analysis chart on Daily Price and Volume
    United Airlines Holdings - Technical Analysis chart on Daily Price and Volume

    • After a prolonged phase of consolidation, the stock price formed a Double Bottom Pattern.
    • Once it broke out, the price shot up with significant momentum.
    • This rally is anticipated to continue, pushing the price to even greater heights.
  • United Airlines Holdings (NASDAQ: UAL) - RSI Indicator

    United Airlines Holdings stock analysis based on RSI indicator
    United Airlines Holdings - RSI indicator

    • Current RSI of this stock is 73.33, which indicates the strength of buyers.

  • United Airlines Holdings (NASDAQ: UAL) - ADX & DI Indicator

    United Airlines Holdings stock analysis based on ADX & DI indicator
    United Airlines Holdings - ADX & DI indicator

    • 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.

  • United Airlines Holdings (NASDAQ: UAL) - EMA Crossover

    United Airlines Holdings stock analysis based on EMA Crossover
    United Airlines Holdings - EMA Crossover

    • 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.

  • Conclusion - United Airlines Holdings (NASDAQ: UAL) Stock Price Forecast

    Based on our positional trading ideas in USA stocks, United Airlines Holdings stock price target will be USD 85 - USD 86 in the next 12-14 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for USA Stock Market Update

    USA Stock Analysis

    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website