United Airlines Technology Signals Point to Bright Profit Outlook – United Airlines Holdings Inc. (NASDAQ: UAL )

United Airlines Holdings, Inc. University of London College of Art The company will report fourth-quarter earnings on Tuesday. Wall Street expected the company to earn $2.99 ​​per share on revenue of $14.4 billion.

The stock gained 184.10% last year and is up 14.47% year to date.

Let’s take a look at what the chart looks like for United Airlines stock, and how the stock currently stacks up against Wall Street estimates.

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UAL shares strongly bullish ahead of Q4 earnings

UAL stock is showing a strong bullish trend with its stock price at $109.36, which is above the 5-day, 20-day, and 50-day exponential moving averages.

Chart created with Benzinga Pro

This indicates continued buying pressure. The 8-day moving average (simple moving average) is located at $106.38, the 20-day moving average is located at $101.57, and the 50-day moving average is located at $97.15, all confirming the bullish pattern and adding to the upward momentum.

Additionally, UAL shares remain well above its 200-day moving average of $63.24, indicating a long-term upward trend. The MACD (Moving Average Convergence/Divergence) indicator is at 3.52, further signaling bullish momentum, while the RSI (Relative Strength Index) at 67.00 shows strong buying interest, but remains below overbought territory.

Overall, technical indicators support continued strength in UAL price action.

United Airlines analysts expect shares to rise 20%

Ratings and Consensus Estimates: Analysts have a consensus rating of “Buy” on United Airlines stock, with a price target of $93.51. The latest analyst ratings from JP Morgan, Susquehanna and UBS have the average price target for United Airlines at $131, which implies 19.51% upside for United shares Room for upside.

Price Action: United shares were up 2% at $109.59 as of Tuesday’s release.

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