UAL
United Airlines Holdings Inc. Industrials - Airlines Investor Relations →
United Airlines Holdings Inc. (UAL) closed at $89.95 as of 2026-03-20, trading 42.8% above its 200-week moving average of $63.00. The stock moved further from the line this week, up from 38.0% last week. The 14-week RSI sits at 40, indicating neutral momentum.
Trading volume is running at 1.6x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.85 ratio) is neutral — neither side is clearly dominating.
Over the past 1001 weeks of data, UAL has crossed below its 200-week moving average 16 times. On average, these episodes lasted 22 weeks. Historically, investors who bought UAL at the start of these episodes saw an average one-year return of +9.6%.
With a market cap of $29.1 billion, UAL is a large-cap stock. The company generates a free cash flow yield of 3.8%. Return on equity stands at 24.0%, indicating strong profitability. The stock trades at 1.9x book value.
Over the past 19.2 years, a hypothetical investment of $100 in UAL would have grown to $217, compared to $644 for the S&P 500. UAL has returned 4.1% annualized vs 10.2% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: UAL vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After UAL Crosses Below the Line?
Across 16 historical episodes, buying UAL when it crossed below its 200-week moving average produced an average return of +7.5% after 12 months (median +6.0%), compared to +8.6% for the S&P 500 over the same periods. 62% of those episodes were profitable after one year. After 24 months, the average return was +11.0% vs +19.8% for the index.
Each line shows $100 invested at the moment UAL crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
UAL has crossed below its 200-week MA 16 times with an average 1-year return of +9.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 2007 | May 2007 | 4 | 5.3% | -52.2% | +182.8% |
| Jun 2007 | Jun 2007 | 1 | 0.5% | -79.5% | +169.0% |
| Dec 2007 | Jan 2008 | 7 | 15.5% | -71.1% | +161.6% |
| Feb 2008 | Apr 2010 | 112 | 88.8% | -84.7% | +153.5% |
| Apr 2010 | Jun 2010 | 6 | 17.3% | +5.6% | +316.4% |
| Jun 2010 | Jul 2010 | 4 | 13.6% | +9.9% | +330.2% |
| Aug 2010 | Sep 2010 | 4 | 3.8% | -15.8% | +338.6% |
| Aug 2011 | Aug 2011 | 3 | 4.3% | +8.6% | +434.8% |
| Nov 2011 | Nov 2011 | 1 | 1.0% | +26.4% | +465.7% |
| Jun 2016 | Jul 2016 | 4 | 7.9% | +80.2% | +111.1% |
| Feb 2020 | Jun 2023 | 171 | 72.7% | -14.5% | +46.0% |
| Sep 2023 | Feb 2024 | 23 | 24.9% | +9.9% | +96.8% |
| Mar 2024 | Mar 2024 | 2 | 1.3% | +91.4% | +107.7% |
| Apr 2024 | Apr 2024 | 2 | 5.5% | +33.5% | +108.3% |
| Jul 2024 | Jul 2024 | 1 | 1.2% | +96.1% | +101.1% |
| Jul 2024 | Sep 2024 | 5 | 11.5% | +110.4% | +123.8% |
| Average | 22 | — | +9.6% | — |
Frequently Asked Questions
Is UAL below its 200-week moving average?
No. United Airlines Holdings Inc. (UAL) is currently 42.8% above its 200-week moving average of $63.00. It would need to fall to $63.00 to cross below the line.
What is UAL's 200-week moving average price?
United Airlines Holdings Inc.'s 200-week moving average is $63.00 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when UAL drops below its 200-week moving average?
UAL has crossed below its 200-week moving average 16 times in our data. On average, buying at that moment produced a one-year return of +9.6%. These dips have historically been decent entry points. These episodes lasted 22 weeks on average.
Is UAL a good value right now?
Here's what our data says about UAL as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 40. Free cash flow yield is 3.8%. Return on equity is 24.0%. Price-to-book is 1.9x. This is not a buy or sell recommendation — always do your own research.
How does UAL compare to the S&P 500?
Over the past 19.2 years, $100 invested in UAL would have grown to $217, compared to $644 for the S&P 500. That's 4.1% annualized vs 10.2% for the index. UAL has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20