United Airlines: Sell signal, week six of management
United Airlines drops 9.7% as its Sell signal regains momentum
Our view last week
After last week's 6.8% bounce, United Airlines stock is giving ground again: down 3.3% this week, with sellers back in control of weekly volume, 65% versus 58% the week before. Money flow, which had turned positive in recent weeks, has slipped back to near zero and momentum is cooling. The price stays boxed into a tight band between the 125 and 130 areas: our weekly technical analysis keeps following the Sell signal, now under management in its 5th week and still down 8.6%.
This week's summary
United Airlines drops 9.7% in a week dominated by sellers, 84% of the volume: the decline is nearly three times last week's -3.3%, and money flow slides further into negative territory. United Airlines stock stays under our Sell signal management, now in its sixth week: the ADX eases slightly, but the weekly technical picture remains bearish.
IQS Phase
58
ordinary
Signal Strength
68
decline starting to make lower lows
Sizing
STANDARD
Ranking
#9 / 93
US stocks
Trade P&L %
+1.94%
from signal to date, no stop loss
Rank position
ranks 9th among the 93 sell signals for US stocks in our ranking, with a signal strength of 68 out of 100.
Sector context
SectorIndustrial
Benchmark ETFXLI
Sector regimeweak phase
Performanceweekly -3.36% · monthly +0.78%
UAL belongs to the industrial sector (reference ETF XLI). The sector is classified weak phase according to our weekly reading.
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