UNDER ARMOUR INC-CLASS C (UA) Stock Technical Analysis
NYSE:UA - US9043112062 - Common Stock
4.91 USD
-0.11 (-2.19%)
4.94 USD
+0.03 (+0.61%)
Overall UA gets a technical rating of 0 out of 10. UA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
93% of all other stocks performed better in the past year than UA.
UA is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry, of which 73% are performing better than UA.
UA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
UA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
UA has an average volume of 4379930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of UA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.67
6.94
When analyzing the support we can see 2 important areas.
- Support @4.90 from a horizontal line in the weekly time frame.
- A support zone ranging from 4.72 to 4.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.05 to 5.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.57 to 6.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.87 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for UA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UA is down. |
| ChartMill Relative Strength | 7.37 | NEGATIVE | UA has a low relative strength, it was outperformed by 92.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.51 | NEUTRAL | The RSI value for UA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests UA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.2 | OVERSOLD | The low Stochastics value suggests UA may be oversold. |
| Average True Range in percent/ATR (20) | 6.03 | HIGH VOLATILITY | The high ATR as a percentage value for UA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.34 | NEUTRAL | The ADX value for UA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
4.91
-0.11 (-2.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-2.19%
1 Week-1.8%
2 Weeks0.61%
1 Month-24.69%
3 Month-22.06%
6 Month-22.68%
12 Month-34.18%
2 Year-28.74%
3 Year-35.31%
5 Year-44.52%
10 Year-89.72%
15 Year9.51%
Volatility
ATR(14)0.34
ATR(20)%6.03%
ATR Inc-45.4%
Range Today0.17
ADR(20)0.23
ADR(20)%4.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.37
Mansfield-3.48
10 Day High5.41
10 Day Low4.7
20 Day High6.6
20 Day Low4.7
52 Week High10.62
52 Week Low4.62
CS1 End4.9
CR1 Start5.05
Volume & EV
DER(3)2.35%
DER(5)-0.18%
Volume7.14M
Volume Incr23.1%
Vol(5)7.29M
Vol(50)4.38M