UA closes lower for the 4th day in a row


Under Armour (UA) Technical Analysis Report for Jun 14, 2018 [< 1 min read]
Highlights
UA closes below its opening price unable to hold early session gains
UA closes lower for the 4th day in a row
UA falls to lowest close since June 7th
UA ends the day indecisive
TQ Sentiment
Technical Forecast:
Overview

Moving lower for the 4th day in a row, UA ended Thursday at 21.73 edging lower $0.04 (-0.18%). Today's closing price of 21.73 marks the lowest close since June 7th. Trading $0.33 higher after the open, the stock was unable to hold its gains as the bears took control ending the day below its opening price. Ending the day with an indecisive close, neither buyers nor sellers were able to gain control during the session.

Daily chart for UA
Volatility

Thursday's trading range was $0.71 (3.26%), that's slightly above last trading month's daily average range of $0.68. Things look different on a weekly scale, where volatility is below the markets average with the monthly volatility being slightly above average.

Support/Resistance

Prices are trading close to a key support level at 21.38.

Trend

The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.

Order Flow

Selling could speed up should prices move below the close-by swing low at 21.38 where further sell stops might get activated.

Conclusion

While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bullish.

Market Conditions for Under Armour
ConditionForecastDirectionWinAvgWorstBestEvents
Close to R1 Resistance TQ Pro Members Only
White Candle TQ Pro Members Only
Up Close near high of period TQ Pro Members Only
High close to previous High TQ Pro Members Only
Bullish Intraday Reversal TQ Pro Members Only
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Under Armour traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Signup

Stocks Top Movers

ETHUSD 536.1919.91 3.86%
NKY 22,555.43276.95 1.24%
HSI 29,696.17228.02 0.77%
NDX 7,280.7052.66 0.73%
BTCUSD 6,737.8430.35 0.45%
INDU 24,657.80-42.41 -0.17%
EURUSD 1.1592-0.0031 -0.27%
GOLD 1,277.0-3.6 -0.28%
USDJPY 110.05-0.50 -0.45%
GBPUSD 1.3176-0.0069 -0.52%
Start your day with the facts moving the markets
By clicking "Subscribe", you agree to our terms and privacy policy.

Related Stocks

ABBV 10 day candlestick chart for ABBV98.25 0.24
0.24%
ACN 10 day candlestick chart for ACN163.31 0.43
0.26%
ADBE 10 day candlestick chart for ADBE251.74 -3.95
-1.54%
AAP 10 day candlestick chart for AAP138.30 0.06
0.04%
AES 10 day candlestick chart for AES13.08 0.01
0.08%
AET 10 day candlestick chart for AET190.23 0.95
0.50%
AFL 10 day candlestick chart for AFL45.00 -0.17
-0.38%
AMG 10 day candlestick chart for AMG152.73 -1.27
-0.82%
A 10 day candlestick chart for A63.52 -1.45
-2.23%
ABT 10 day candlestick chart for ABT62.34 -0.48
-0.76%