United Continental Holdings (UAL) has risen sharply, recording gains of 8.3% in the past 4 weeks. However, the stock has corrected -2.76% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 10.54% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.93% and the 50-Day Moving Average is 6.28%.The 200 Day SMA reached 1.31% United Continental Holdings, Inc. is up 19.66% in the last 3-month period. Year-to-Date the stock performance stands at -10.99%.
United Continental Holdings (UAL) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $78 and the lowest price target forecast is $52. The average forecast of all the analysts is $62.2 and the expected standard deviation is $7.54.
For the current week, the company shares have a recommendation consensus of Buy. United Continental Holdings (NYSE:UAL): stock was range-bound between the intraday low of $50.895 and the intraday high of $51.7 after having opened at $51.31 on Fridays session. The stock finally closed in the red at $51.31, a loss of -1.37%. The stock remained in the red for the whole trading day. The total traded volume was 10,477,739 shares. The stock failed to cross $51.7 in Fridays trading. The stocks closing price on Thursday was $51.
United Continental Holdings, Inc. (UAL) is a holding company and its principal wholly owned subsidiary is United Air Lines, Inc. (United). The Company transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. The Company, through United and its regional carriers, operates an average of 5,055 flights a day to 373 airports across six continents from the Companys hubs at Newark Liberty International Airport, Chicago OHare International Airport, Denver International Airport, George Bush Intercontinental Airport, Los Angeles International Airport, A.B. Won Pat International Airport, San Francisco International Airport and Washington Dulles International Airport. It has contractual relationships with a range of regional carriers to provide regional jet and turboprop service branded as United Express.