United Airlines Technical Signals Show Clear Skies Ahead Of Earnings

Comments
Loading...
Zinger Key Points

United Airlines Holdings Inc UAL will be reporting its fourth-quarter earnings on Tuesday. Wall Street expects $2.99 in EPS and $14.40 billion in revenues as the company reports after market hours.

The stock is up 184.10% over the past year, 14.47% YTD.

Let’s look at what the charts indicate for United Airlines stock and how the stock currently maps against Wall Street estimates.

Read Also: Jim Cramer’s Market Outlook: Strong Earnings, Trump Inauguration, and What’s Next for Investors

UAL Stock Chart Strongly Bullish Ahead Of Q4 Earnings 

UAL stock is displaying a strongly bullish trend, with its share price of $109.36 trading above the five, 20 and 50-day exponential moving averages.

Chart created using Benzinga Pro

This indicates sustained buying pressure. The eight-day SMA (simple moving average) at $106.38, 20-day SMA at $101.57, and 50-day SMA at $97.15 all confirm a bullish setup, reinforcing momentum to the upside.

Additionally, UAL stock remains well above its 200-day SMA of $63.24, suggesting a long-term uptrend. The MACD (moving average convergence/divergence) indicator at 3.52 further signals bullish momentum, while the RSI (relative strength index) at 67.00 indicates strong buying interest but remains below overbought territory.

Overall, technical indicators support continued strength in UAL's price action.

United Airlines Analysts See 20% Upside

Ratings & Consensus Estimates: The consensus analyst rating on United Airlines stock stands at a Buy with a price target of $93.51. The latest analyst ratings from JP Morgan, Susquehanna and UBS suggest a $131 average price target, implying a 19.51% upside for United Airlines’ stock.

Price Action: United Airlines stock was trading 2% higher at $109.59 at the time of publication Tuesday.

Read Next:

Photo: Shutterstock

UAL Logo
UALUnited Airlines Holdings Inc
$65.30-1.51%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
82.42
Growth
82.22
Quality
-
Value
78.80
Price Trend
Short
Medium
Long
Got Questions? Ask
Which airlines could follow UAL's bullish trend?
How will travel demand impact UAL's rivals?
What does UAL's momentum mean for aviation ETFs?
Which ancillary service companies will benefit from UAL's growth?
Are there regional airlines poised for a breakout?
How might UAL's earnings affect fuel suppliers?
What implications does UAL's performance have for airport stocks?
Could UAL's success lead to more mergers in the airline industry?
How will UAL's results influence travel technology firms?
Which international airlines might be impacted by UAL's earnings?
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Posted In: