The market has been down on United Airlines Holdings Inc (UAL) stock recently. UAL gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
United Airlines Holdings Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on UAL!
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With UAL Stock Today?
United Airlines Holdings Inc (UAL) stock is trading at $40.95 as of 10:06 AM on Friday, Mar 24, a loss of -$0.71, or -1.7% from the previous closing price of $41.66. The stock has traded between $40.58 and $41.24 so far today. Volume today is low. So far 1,202,653 shares have traded compared to average volume of 7,449,247 shares.
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More About United Airlines Holdings Inc
United Airlines is a major U.S. network carrier. United's hubs include San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international travel than that of legacy peers.
Click Here to get the full Stock Report for United Airlines Holdings Inc stock.
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