Yesterday's slide leaves United traders hoping for a bounce

Yesterday at a glance: grinding lower but with no clear-cut direction, the major US airline closed the session at $47.26 after forming a distinct $46.93 – $48.18 range.

• The day's trading volume totalled 4.39 million shares — slightly under the 21-day average of 6.30 million.

As investors prepare for market open in 3 days, yesterday's session was notable in that S&P 500 gained 1.3% and reached 4,205.45. United ended the day at $47.26, doing worse than the Industrials sector which saw a 0.24% increase this session.

The major US airline reached a significant high of $54.26 around 2 months ago but has lost 12.5% since then. So far this year, it has performed better than the S&P by 18%. The major US airline's market cap currently stands at $15.50 billion with an average daily volume of 6.30 million shares. $11.43 billion was United's last reported revenue with $-4.24 being the current EPS.

On the other hand, positive performances could be seen by looking at other industrials stocks as Lockheed Martin was up 1.27%. Boeing traded at $203.63 after closing yesterday's trading day at $200.87 (up 1.37%). General Electric traded at $102.74 after closing yesterday's trading day at $101.52 (up 1.2%).