| UAL latest price $40.0400 (-3.17%) ($39.4800 - $41.6300) on Tue. Nov. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.03% (three month average) |
RSI | 60 |
Latest Price | $40.0400(-3.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UAL advances 3.4% a day on average for past five trading days. |
Weekly Trend | UAL advances 1.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UAL advance at 0% a week (0% probability) JETS(79%) PEJ(62%) XLF(61%) XAR(59%) XLI(59%) |
Factors Impacting UAL price | UAL will decline at least -2.015% in a week (0% probabilities). VIXM(-45%) UUP(-22%) VXX(-12%) EDOC(-9%) TLT(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.015% (StdDev 4.03%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
| |
|
|