United Continental Holdings (UAL) Shares are Up 3.24%

United Continental Holdings (UAL) : Traders are bullish on United Continental Holdings (UAL) as it has outperformed the S&P 500 by a wide margin of 13.88% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.8%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.24% in the last 1 week, and is up 16.71% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

United Continental Holdings (NYSE:UAL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $46.25 and $46.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $48.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $48.41, notching a gain of 5.47% for the day. The total traded volume was 5,994,981 . The stock had closed at $45.90 on the previous day.

The stock has recorded a 20-day Moving Average of 4.31% and the 50-Day Moving Average is 8.83%. United Continental Holdings, Inc. is up 5.93% in the last 3-month period. Year-to-Date the stock performance stands at -15.51%.

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 $61.25 and the expected standard deviation is $8.05.


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.

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