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Stock Investors Sell Off Shares of United Continental Holdings, Down 1.5%

Published on Tue, 02/12/2013 - 11:26
By Peter Chu

United Continental Holdings (NYSE:UAL) is a company whose shares are active, trading 1.5% lower to $26.11. The Dow Jones Industrial Average is now trading fractionally higher to 13,994 and the S&P is trading fractionally higher to 1,518.

United Continental Holdings Inc. is an airline holding company. The Company owns and operates airlines that transports persons, property and mail throughout the United Statesand abroad.

In the past 52 weeks, United Continental Holdings share prices have been bracketed by a low of $17.45 and a high of $26.64 and are now at $26.11, 50% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.5%.

United Continental Holdings (NYSE:UAL) has potential upside of 7.9% based on a current price of $26.11 and analysts' consensus price target of $28.17. The stock should find initial support at its 50-day moving average (MA) of $23.88 and further support at its 200-day MA of $21.81.

By Peter Chu
pchu@fnno.com

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