Boeing Stock – United Airlines Holdings Inc (UAL): price Up $0.5 (0.9)% Over Past Day, Up $1.27 (2.33)% Over Past Hour
The Hourly View for UAL
At the moment, UAL (Get Ratings)’s price is up $1.27 (2.33%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 20 hour moving average has been crossed, so that price is now turning above it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Out of Transportation stocks, UAL ranks 11th in regards to today’s price percentage change.
UAL’s Technical Outlook on the Daily Chart
At the time of this writing, UAL’s price is up $0.5 (0.9%) from the day prior. This is the 3rd day in a row UAL has seen its price head up. Regarding the trend, note that the strongest trend exists on the 100 day timeframe. Regarding moving averages, it should first be noted that price has crossed the 50 day moving average, resulting in them with price now being above it. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows UAL’s price action over the past 90 days.
For UAL News Traders
Investors and traders in UAL may be particularly interested in the following story that came out in the past day:
This Airlines ETF Looks Bullish Going Into The Week
Optimism for increased travel due to the ramp-up in vaccines caused shares of American Airlines Group Inc ((NASDAQ:(AAL)) ), Southwest Airlines (NYSE: LUV ) and Boeing (NYSE: (BA) ) to make bullish moves late last week. Fintech Zoom covered the three airlines on May 9, and each looks primed for bullish continuation in the week ahead. Traders hoping to catch a larger move in the sector could also watch the U.S. Global Jets ETF (NYSE: JETS ). American Airlines, Southwest Airlines, Delta Air Lines Inc (NYSE: DAL ) and United Airlines Holdings Inc (NASDAQ: UAL ) make up a combined 42% of Jets ETF’s holdings. If there’s continued momentum in … Full story available on Fintech Zoom.com
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