$UAL +9.26% to $115.91: Bulls Push Within 3% of 52-Week High

Trend_Radar
02-09 20:25

$United Airlines(UAL)$

United Airlines (UAL) Soared +9.26%: Bulls Charge to $116, Eyeing 52-Week High

Latest Close Data

Closed at $115.91 (ET) on 2026-02-05, up +9.26% (+$9.82). Now just ~2.8% below its 52-week high of $119.21.

Core Market Drivers

  • Strong post-earnings momentum continues, fueled by robust travel demand and operational efficiency gains.

  • Positive industry sentiment and a favorable macro backdrop for leisure and business travel are providing tailwinds.

Technical Analysis

  1. Volume surged to 9.02M shares (Volume Ratio: 1.46), confirming the breakout.

  2. MACD (DIF: -0.30, DEA: -0.60, MACD: +0.61) has turned positive, signaling a bullish crossover.

  3. RSI(6) at 68.06 is strong but not yet overbought, indicating room for further upside.

Key Price Levels

* Primary Support: $107.71 (recent consolidation level).

* Strong Resistance: $119.21 (52-week high).

* Immediate Pivot: $116.01 (recent resistance, now being tested).

Valuation Perspective

Forward P/E of 8.66 sits above its historical average of 6.44 but remains reasonable for the sector. TTM P/S of 0.64 suggests the stock is not overvalued relative to sales.

Analyst Targets

22 analysts cover UAL with an average price target of $139.50 (upside ~20%). Sentiment is bullish: 6 Strong Buy, 17 Buy, 3 Hold.

Weekly Outlook

Expect consolidation near $116 with a bullish bias. A confirmed break above $116.01 could propel the stock toward the $119-$121 range. A pullback should find initial support at $112.

Risk Disclaimer

This analysis is for informational purposes only and not financial advice. Trading involves risk, including the potential loss of principal. Past performance is not indicative of future results. Always conduct your own research.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • kitkatness
    ·03:08
    Great article, would you like to share it?
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