United

Million

Billion

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>United Airlines Holdings, Inc. stock added over $12 to its trading price in the YTD time frame.&nbsp;</a> </li> 
 <li> <span>2</span> <a>From August 18 to September 4, UAL stock seems to be consolidating in the range between $48 to $50.&nbsp;&nbsp;</a> </li> 
 <li> <span>3</span> <a>A major surge of 32% is seen in the market cap of United Airlines Holdings, Inc. compared to 2022.&nbsp;</a> </li> 
</ul> 
<p>UAL stock seems to be trading positively in the YTD time frame as it added $12.51 to its trading price.&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-ual-stock-price-analysis-strong"><strong>UAL Stock Price Analysis&nbsp;</strong></h2> 
<p>On January 3, 2023, United Airlines Holdings, Inc. stock was trading at $37.21 and at press time its prices were $49.72.&nbsp;</p> 
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 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="522" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-20-1024x522.png" alt="UAL Stock to Surpass $50; RSI Suggest Buyers Accumulation&nbsp;" class="wp-image-164963" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-20-1024x522.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-20-300x153.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-20-768x392.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-20-750x383.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-20.png 1080w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source:&nbsp; UAL stock price chart from <a href="https://www.tradingview.com/x/6BIZ6bK6/" rel="noopener noreferrer nofollow">TradingView&nbsp;</a> 
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 </figure> 
</div> 
<p>As per market analysts, UAL stock price is expected to open below its previous closing price of September 4.&nbsp;</p> 
<p>United Airlines Holdings, Inc. has a market capitalization of $16.307 Billion. A major surge of 32% is seen in the market cap of the company in 2023, compared to the market cap in 2022.&nbsp;</p> 
<p>At the time of publication, UAL stock was trading below 20, 50, and 100-day EMA, and at the same time it was trading above the 200-day EMA of $48.26. In 52 weeks, the highest trading price of UAL shares was $58.23 and its lowest trading price was $31.58.&nbsp;</p> 
<p>From July 6 to August 30, a constant seller’s dominance was reflected on the histogram chart which pulled UAL stock price over 4% in the downwards direction.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full"> 
  <img decoding="async" loading="lazy" width="977" height="551" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-23.png" alt="UAL Stock to Surpass $50; RSI Suggest Buyers Accumulation&nbsp;" class="wp-image-164966" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-23.png 977w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-23-300x169.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-23-768x433.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-23-750x423.png 750w" sizes="(max-width: 977px) 100vw, 977px"> 
  <figcaption class="wp-element-caption">
    Source: United Airlines stock price chart in YTD frame from <a href="https://www.tradingview.com/x/H1gO4Xn2/" rel="noopener noreferrer nofollow">TradingView&nbsp;</a> 
  </figcaption> 
 </figure> 
</div> 
<p>UAL <a href="https://www.thecoinrepublic.com/2023/09/03/causes-consequences-and-different-measures-of-income-inequality/" rel="noopener noreferrer nofollow">share price</a> slipped in the consolidation range between $48 to $50 on August 18 and followed the range till September 4.</p> 
<p>At press time, UAL stock was trading below its annual price target of $71.91. As per available data, the price-to-earning ratio is positive 6.18 and basic and the average trading volume of UAL shares is 325.369 Million.&nbsp;&nbsp;&nbsp;</p> 
<p>According to TradingView, 325.369 Million United Airlines Holdings, Inc. shares are free-floating, and the remaining 2.611 Million shares are closely held either by financial backers of the company or the board of members.&nbsp;&nbsp;</p> 
<p>The company released its Q2 2023 financial updates on August 18, after a positivity in revenue a significant surge of 7% was seen in the August 19 trading session.&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-united-airlines-holdings-inc-financial-updates-strong"><strong>United Airlines Holdings, Inc. Financial Updates&nbsp;</strong></h3> 
<p>For the second quarter of 2023, United Airlines Holdings, Inc. was supposed to report $13.09 Billion in revenue, however, the company impressed its investors by reporting $14.14 Billion in revenue.&nbsp;</p> 
<p>The estimated EPS for the quarter was positive 4.03 and the reported EPS was positive 5.03.</p> 
<p>In the financial year 2022, United Airlines Holdings, Inc. reported more revenue compared to estimated figures. From the reported revenue of 2022, the gross profit of the company was 9%, Earnings Before Interest, Taxes, Depreciation, and Amortization was 11%, Earnings before interest and taxes (EBIT) was 6% and the net income was 2%.&nbsp;&nbsp;&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>At the time of publication, UAL stock price was trading below $50 and since the past three trading sessions, constant selling pressure has been observed. As per market analysts RSI and MACD, both suggest that a short-term bounce is expected by the end of this week.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Technical Levels&nbsp;</strong></h4> 
<p>Major Support: $47.63 and $45.97&nbsp;&nbsp;</p> 
<p>Major Resistance:&nbsp; $50.63 and $53.37</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

UAL Stock to Surpass $50; RSI Suggest Buyers Accumulation

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