UAL monthly performance report
View UAL's monthly returns, drawdown, and seasonality trends — updated every month.
UAL monthly report
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Key takeaways
- United Airlines Holdings (UAL) closed November 2026 at $109.31, up 4.86% for the month and +12.49% over the trailing 12 months.
- Year-to-date, UAL is −2.24%, underperforming the S&P 500 which has returned +10.62% YTD.
- The stock is trading +0.95% versus its 200-day moving average ($108.28), a bullish technical signal.
- Over the past three years, UAL has outperformed the S&P 500 by +115.45%, with a relative strength index reading of 167.4.
- Win rate over the trailing 39 months stands at 59% — 23 positive months versus 16 negative months.
United Airlines Holdings ended November 2026 at $109.31, posting a monthly return of +4.86%. The S&P 500 returned −0.18% over the same window, leaving relative performance at +5.04%.
The current quarter stands at −1.48% (Q4 2026 (QTD)), while medium-term trend remains constructive: price is +0.95% versus the 200-day moving average ($108.28).
Year-to-date, UAL is −2.24% against SPY +10.62%, a gap of −12.87%. The stock is currently −21.23% below its 52-week high, with maximum 3-year drawdown at −49.19%.
| Period | UAL | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | −1.74% | −0.36% | −1.38% |
| 1 Week | −3.04% | +2.59% | −5.64% |
| 1 Month | +4.86% | −0.18% | +5.04% |
| 3 Months | −10.59% | −2.37% | −8.22% |
| 6 Months | +13.84% | +0.83% | +13.01% |
| YTD | −2.24% | +10.62% | −12.87% |
| 12 Months | +12.49% | +12.25% | +0.24% |
| 3 Years | +186.83% | +71.37% | +115.45% |
| Rank | Month | Return |
|---|---|---|
| #1 | Oct 2024 | +37.15% |
| #2 | Sep 2024 | +29.56% |
| #3 | May 2026 | +27.56% |
| #4 | Nov 2024 | +23.73% |
| #5 | Aug 2025 | +18.90% |
| Rank | Month | Return |
|---|---|---|
| #1 | Mar 2025 | −26.39% |
| #2 | Oct 2023 | −17.23% |
| #3 | Sep 2023 | −15.08% |
| #4 | Mar 2026 | −13.39% |
| #5 | Feb 2025 | −11.37% |
| Quarter | Return |
|---|---|
| Q3 2025 | +21.19% |
| Q4 2025 | +15.88% |
| Q1 2026 | −17.66% |
| Q2 2026 | +47.70% |
| Q3 2026 | −18.41% |
| Q4 2026 (QTD) | −1.48% |
| Year | Return |
|---|---|
| 2023 | +9.44% |
| 2024 | +135.34% |
| 2025 | +15.16% |
| 2026 | −2.24% |
| Metric | Value |
|---|---|
| 52-Week High | $138.77 (2026-06-30) |
| 52-Week Low | $84.64 (2026-03-30) |
| Current Price | $109.31 |
| 200-Day Moving Average | $108.28 |
| Price vs 200DMA | +0.95% |
| 3-Year Maximum Drawdown | −49.19% (2025-04-08) |
| Current Drawdown from 52W High | −21.23% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 167.4 |
| 3-Year Excess Return vs S&P 500 | +115.45% |
| RS Peak | 215.7 (Jun 2026) |
| RS Trough | 84.6 (Aug 2024) |
| Status | Outperforming Benchmark |
Frequently asked questions
What was UAL's return for this report period?
UAL returned +4.86% in the latest monthly window ending 2026-11-13.
Has UAL outperformed SPY year to date?
YTD UAL: −2.24% vs SPY: +10.62%.
What is UAL's 12-month return?
+12.49% over the trailing 12 months.
Is UAL above or below its 200-day moving average?
Price is +0.95% versus 200DMA ($108.28).
What is the maximum drawdown in the 3-year window?
−49.19% on 2025-04-08.