UAL stock forecast and price prediction
Jul 29th, 2021
UAL forecast brief
- United Airlines stock inched 1.01% to close at $49.14 on the stock market on Wednesday.
- United Airlines presented its financial report on July 20
- United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America.
United Airlines stock price forecast
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are posted every day by banks, financial institutions and independent analysts.
The following table shows the price forecasts posted by brokerage institutions in the last 30 days. Again, these forecasts are not direct recommendations for small traders and should not be followed blindly.
We don't have any target price published in the previous 30 days for United Airlines.
We don't have any rating published in the previous 30 days for United Airlines
Earnings and financials
On July 20, United Airlines Holdings, Inc. ($UAL) posted EPS for that slightly enhanced analysts' expectations. Quarterly EPS was $-3.91 per share vs the estimates of $-4.23. This Q2 report represents an earnings surprise of 7.57%. Revenue resulted of $5.5 billion versus $5.3 billion predicted by analysts.In contrast, the EPS for the same quarter last year was $-9.31, so reported EPS is a improvement of 58.00%. Looking at turnover, figures exploded a 270.92% compared to $14.8B same quarter a year ago.
UAL ($UAL) is hosting the earnings call next October. Wall Street expects of $0.06, compared to previous quarter that made $-3.91.
United Airlines stock: buy or sell?
Is United Airlines good stock to buy now?United Airlines had no ratings in the last four weeks Read the article to get additional tips on trading UAL stock.
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 hold United Airlines stock and your operation is in profit probably is not time to sell now
United Airlines stock price action predictions
Supports and resistances
The current resistances are:
The current support levels are:
Since the price broke down the lower band on July 19, the price has bounced off by 15.46%
Relative strength index
The RSI crossed up the oversold line of 30 on July 20 after just being in the oversold zone for just one day (what can be considered a strength sign). The RSI reading on Wednesday was 46.51. United Airlines shares skyrocketed a 13.07% since then
United Airlines stock price history
United Airlines went public priced at an adjusted price1 of $32.56 on Feb 2006. Since then, UAL stock has risen by 50.92%, with an average of 3.39% per year. If you had invested thousand dollars in United Airlines stock at that time, it would be valued $1,509.21 today.
1: Adjusted price after possible price splits or reverse-splits
Important note:The comments written in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this paper does not know the particular situations 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 Opinions are provided for educative purposes only
|Wednesday, July 28th, 2021|
|Day range||$48.04 - $49.51|
|Average true range||$2.66|
|50d mov avg||$53.44|
|100d mov avg||$54.57|
|200d mov avg||$48.69|
|Earnings date||October 12th, 2021|