United Airlines tries to shake off negative pressure - Analysis - 20-11-2023

Economies.com
2023-11-20 11:37AM UTC

United Airlines Holdings' stock (UAL) rose in the intraday levels, while buoyed by piercing the downward correctional trend line previously in the short term, as the stock tries to shake off negative pressure from the 50-day SMA, with negative signals from the RSI after reaching overbought levels.

 

Therefore we expect the stock to rise and target the resistance of 46.30, provided the resistance of 41.00 was breached. 

Advertistment

 

Expected trend for today: Likely Bullish

Stocks Technical Analysis

United States Analysis

Stocks

KOHL's rises alongside downward trend line - Analysis - 04-12-2023
2023-12-04 11:51AM UTC
KOHL's Corporation's stock (KSS) rose in the intraday levels , while holding ground above the ...
United States Analysis

Stocks

Novavax closes cautiously higher - Analysis - 04-12-2023
2023-12-04 11:50AM UTC
Novavax's stock (NVAX) rose in the intraday levels, with positive signals from the RSI, amid the ...
United States Analysis

Stocks

Rivian touches SMA resistance - Analysis - 04-12-2023
2023-12-04 11:50AM UTC
Rivian Automotive's stock (RIVN) rose in the intraday levels, touching the resistance of the 50-day ...