UAL stock forecast and price prediction
Updated on:
Jan 18th, 2021
2
UAL forecast brief
- United Airlines closed last Friday at $43.89 after sinking a -5.18% and broke a streak of 3 sessions in green.
- United Airlines is presenting its earnings report on Wednesday
- 140166 published a neutral rating for United Airlines last Thursday, targeting $40.00
- United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America.
United Airlines stock price forecast
Nobody knows how much a stock will be priced in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, brokerage institutions post their price predictions based on the stock price action and the company fundamental data. Most of these forecasts follow the publication of new fundamental information by the company, and many times. If you are a small trader you must not trade based on these projections.
Averaging all price targets exposed below, the estimated price for United Airlines stock is $46.50. United Airlines closed at $43.89 last Friday, so the target price is expecting an increase by 5.95%.
| Brokerage firm | Price target |
|---|---|
| Jan 8th, 2021 | |
| Bank of America | Not available |
| Jan 11th, 2021 | |
| Cowen | $53.00 |
| Jan 14th, 2021 | |
| 140166 | $38.00 → $40.00 |
Analysts recommendations
In the last month, 3 ratings were published for United Airlines
| Brokerage firm | Rating |
|---|---|
| Jan 8th, 2021 | |
| Bank of America | Neutral → Sell |
| Jan 11th, 2021 | |
| Cowen | |
| Jan 14th, 2021 | |
| 140166 | Neutral |
Earnings and financials
UAL ($UAL) posts financial report on Wednesday. Market estimates of $-6.58, compared to Q3 that was $-8.16.
Earnings reporting day has an additional risk for stock traders as the information disclosed can gap up or down the shares price with very low liquidity and not respecting your buy or stop-loss orders. You can probably find more information about the earnings conference call and the earnings reports on the Investor Relations section of its website: http://www.united.com.
Last October, United Airlines Holdings, Inc. ($UAL) posted EPS for that slightly missed Market expectations. Quarterly EPS was $-8.16 per share from an estimated $-7.44. This Q3 report means an earnings surprise of -9.68%. On the contrary, the company said revenue for Q3 was $2.5 billion aligned with analysts' estimates.
In comparing, the EPS for the same quarter last year was $4.07, so reported EPS means a reduction of -300.49%.United Airlines stock: buy or sell?
Is United Airlines good stock to buy now?
United Airlines received 3 ratings in the last 30 days: 0 bullish, 1 bearish and 1 neutral.In the current situation of United Airlines there is not any eligible buy setup. This doesn't mean $UAL will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell United Airlines?
Currently, United Airlines stock doesn't match any of our preferred sell setups, so if you own United Airlines stock and your operation is in profit probably is not time to sell now
United Airlines stock technical predictions
SMAs overview
Supports and resistances
The current resistances are:
The current support levels are:
Bollinger bands
Since the price surpassed the upper band last Thursday, the price dropped by 6.22%
Relative strength index
The RSI dropped below the overbought level of 70 in mid-December after just crossing to the overbough zone for a single day (weak signal). The RSI value last Friday was 49.45. United Airlines stock collapsed a 11.58% since then
United Airlines stock price history
United Airlines went public on Feb 6th, 2006 priced at $32.56 per share1. Since then, UAL stock has risen by 34.80%, with an average of 2.49% per year. If you had invested $1,000USD in United Airlines stock on the IPO, it would worth $1,347.97 today.
1: Adjusted price after possible price splits or reverse-splits
Please read:
The opinions contained in this article are personal and not recommendations for you to buy or sell stocks. The author of this report does not have any knowledge of the specific conditions of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are provided for general educational motives onlyUAL summary
| Friday, January 15th, 2021 | |
|---|---|
| Open | $45.85 |
| Close | $43.89 |
| Day range | $43.88 - $45.98 |
| Previous close | $46.29 |
| Session gain | -5.18% |
| Average true range | $1.78 |
| 50d mov avg | $43.54 |
| 100d mov avg | $39.55 |
| 200d mov avg | $35.47 |
| Earnings date | January 20th, 2021 |