NASDAQ trade advice (A): US air freight/delivery services stock | 7-8% gain | USA stock trading picks on 7 May 2024

Stock Market
NASDAQ, United States of America

Stoploss reached. Trade closed.

16 days
14 Jun 2024
7 May 2024
Loss per
100,000 USD
16 days
-3,846
Stop-loss
14 Jun 2024
50
Buy Advice
7 May 2024
52 – 53.5
Target 1
57
Target 2
58
Profit per
100,000 USD
-3,846
50
52 – 53.5
57
58
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • United Airlines
  • 52 – 53.5
  • 57 – 58
  • Below 50
  • 7% – 8%
  • 14 - 15 Days
  • Buy United Airlines
  • Buy
    Range
    52 – 53.5
  • Target 57 – 58
  • Stoploss Below 50
  • Upside
    Potential
    7% – 8%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    United Airlines (NASDAQ: UAL) - Stock Overview

  • NASDAQ Code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • UAL
  • United Airlines
  • Air Freight/Delivery Services
  • 58.23
  • 33.68
  • NASDAQ Code UAL
  • Stock Name United Airlines
  • Sector Air Freight/Delivery Services
  • 52 Weeks High 58.23
  • 52 Weeks Low 33.68
  • Company profile

    United Airlines Holdings, Inc., commonly referred to as United Airlines, is one of the major American airlines and a leading global carrier. It was founded in 1926 and has its headquarters in Chicago, Illinois. United Airlines operates an extensive domestic and international route network, serving destinations across the Americas, Europe, Asia, Africa, and Oceania. The company operates a diverse fleet of aircraft, including narrow-body and wide-body jets, and it offers various cabin classes, including economy, premium economy, business, and first class. The airline provides a range of services to its customers, including frequent flyer programs, airport lounges, and partnerships with other travel-related companies.

  • United Airlines (NASDAQ: UAL) vs NASDAQ - Relative Strength Comparison

    The image compares United Airlines's 1-year performance to NASDAQ
    Relative Performance - Last 1 Year
    UAL —   NASDAQ —

  • United Airlines (NASDAQ: UAL) - Technical Analysis (Daily)

    United Airlines - Technical Analysis chart on Daily Price and Volume
    United Airlines - Technical Analysis chart on Daily Price and Volume

    • We have seen a huge correction in this stock price.
    • After the correction, price consolidated for a long time.
    • A Symmetrical Triangle pattern has been formed at the chart.
    • With a strong bullish candle, price successfully break through the pattern.
    • With the increasing volume, it seems that the price may go upside further.
  • United Airlines (NASDAQ: UAL) - RSI Indicator

    United Airlines stock analysis based on RSI Indicator
    United Airlines - RSI Indicator

    • Current RSI of this stock is 66.38, which indicates the strength of buyers.

  • United Airlines (NASDAQ: UAL) - ADX & DI Indicator

    United Airlines stock analysis based on ADX & DI Indicator
    United Airlines - ADX & DI Indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • United Airlines (NASDAQ: UAL) - EMA Crossover

    United Airlines stock analysis based on EMA Crossover
    United Airlines - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - United Airlines (NASDAQ: UAL) Stock Price Forcast

    Based on our US stock market recommendations, United Airlines stock price target will be USD 57 - USD 58 in the next 14-15 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for US Stock Market Update

    USA Stock Analysis

    The stock trading advice is prepared by the Naranj Capital team under the guidance of Arijit Banerjee, CMT, CFTe.
    Maximize your return with our precise trading advice on the USA stock exchange! We recommend an technology stock poised for
    Get expert short-term trading advice for the USA stock exchange. This energy stock is projected to deliver 5%-6% returns in
    Short Term Trading Alert: This Consumer Discretionary stock has the upside potential of 5-6% in 14-15 trading days. Swing Trading
    Short Term Trading Advice: Qualcomm Inc (NASDAQ - QCOM) has the upside potential of 5-6% in 14-15 trading days

    Join Our Telegram Channel for Saudi Stock Market Update

    Saudi Stock Analysis

    Maximize your return with our precise trading advice on Saudi stock exchange Tadawul! We recommend buying Arabian Pipes (Tadawul 2200)
    Short Term Trading Alert: This Saudi health care equipment stock has the upside potential of 8-10% in 12-14 trading days.
    Get expert short-term trading advice for the Saudi stock exchange Tadawul. Buy Etihad Atheeb Telecom (Tadawul 7040) for 13%-16% returns
    Short term trading advice for Shariah compliant Tadawul stocks. Buy Riyadh Cables Group (Tadawul 4142) with potential for 15-17% returns
    Maximize your trading returns in Saudi stock exchange Tadawul! Discover a shariah halal materials sector stock having 7-9% gains in
    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website