|
Archive - 11/22/2024 - Sign In to see current Signals. |
United Continental Holdings (UAL) Technical Analysis
|
|
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a sixteenth consecutive positive week for the United Continental Holdings (UAL). During the week, the UAL gained 4.07 points, or 4.46%, and closed at 95.24 on Friday, November 22, 2024. Weekly volume was -30% below average. UAL is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See UAL long-term trend chart] A long-term uptrend had started on March 18, 2020 at 17.80 and reached 95.99 on November 21, 2024. UAL gained -78.19 points, or -439.27%, in 244 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (39.94) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend. Medium-term trend: [See UAL medium-term trend chart] A medium-term uptrend had started on March 8, 2022 at 30.54 and reached 95.99 on November 21, 2024. UAL gained -65.45 points, or -214.31%, in 141 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (37.99) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend. Weekly Technical Indicators: [See UAL weekly technical indicators chart] Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since September 13, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help. Short-term trend: [See UAL short-term trend chart] A short-term uptrend had started on August 5, 2024 at 37.02 and reached 95.99 on November 21, 2024. UAL gained -58.97 points, or -159.29%, in 108 days. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (70.11) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend. Daily Technical Indicators: [See UAL daily technical indicators chart] Daily Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Lane's Stochastic or strongly overbought daily Williams' Percentage Range. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
| |
|
|