United Airlines Holdings Stock Technical Analysis

UAL Stock  USD 48.74  7.24  17.45%   
As of the 18th of April 2024, United Airlines has the Semi Deviation of 1.65, coefficient of variation of 865.87, and Risk Adjusted Performance of 0.0807. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of United Airlines Holdings, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for United Airlines Holdings, which can be compared to its competition. Please validate United Airlines Holdings coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if United Airlines is priced more or less accurately, providing market reflects its prevalent price of 48.74 per share. Given that United Airlines Holdings has jensen alpha of 0.2602, we advise you to double-check United Airlines Holdings's current market performance to make sure the company can sustain itself at a future point.

United Airlines Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as United, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to United
  
United Airlines' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

United Airlines Analyst Consensus

Target PriceAdvice# of Analysts
61.56Strong Buy21Odds
United Airlines Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most United analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand United stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of United Airlines Holdings, talking to its executives and customers, or listening to United conference calls.
United Analyst Advice Details
United Airlines technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of United Airlines technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of United Airlines trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

United Airlines Holdings Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of United Airlines Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

United Airlines Holdings Trend Analysis

Use this graph to draw trend lines for United Airlines Holdings. You can use it to identify possible trend reversals for United Airlines as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual United Airlines price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

United Airlines Best Fit Change Line

The following chart estimates an ordinary least squares regression model for United Airlines Holdings applied against its price change over selected period. The best fit line has a slop of   0.06  , which may imply that United Airlines Holdings will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 131.56, which is the sum of squared deviations for the predicted United Airlines price change compared to its average price change.

About United Airlines Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of United Airlines Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of United Airlines Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on United Airlines Holdings price pattern first instead of the macroeconomic environment surrounding United Airlines Holdings. By analyzing United Airlines's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of United Airlines's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to United Airlines specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield1.191.25
Price To Sales Ratio0.250.37

United Airlines April 18, 2024 Technical Indicators

Most technical analysis of United help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for United from various momentum indicators to cycle indicators. When you analyze United charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether United Airlines Holdings is a strong investment it is important to analyze United Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact United Airlines' future performance. For an informed investment choice regarding United Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Airlines Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the United Airlines Holdings information on this page should be used as a complementary analysis to other United Airlines' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for United Stock analysis

When running United Airlines' price analysis, check to measure United Airlines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Airlines is operating at the current time. Most of United Airlines' value examination focuses on studying past and present price action to predict the probability of United Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Airlines' price. Additionally, you may evaluate how the addition of United Airlines to your portfolios can decrease your overall portfolio volatility.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Is United Airlines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Airlines. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.29)
Earnings Share
7.98
Revenue Per Share
163.871
Quarterly Revenue Growth
0.099
Return On Assets
0.0478
The market value of United Airlines Holdings is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Airlines' value that differs from its market value or its book value, called intrinsic value, which is United Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Airlines' market value can be influenced by many factors that don't directly affect United Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.