UNDER ARMOUR INC-CLASS C (UA) Stock Technical Analysis
NYSE:UA - New York Stock Exchange, Inc. - US9043112062 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to UA. 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.
When comparing the yearly performance of all stocks, UA is a bad performer in the overall market: 72% of all stocks are doing better.
UA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
UA has an average volume of 2629510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
UA is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 55% of 50 stocks in the same industry.
In the last month UA has a been trading in the 6.08 - 7.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, UA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.18, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.12
7.01
We found 1 important support area.
- A support zone ranging from 6.18 to 6.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.39 to 6.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.77 to 6.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for UA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UA is down. |
| ChartMill Relative Strength | 28.2 | NEGATIVE | UA has a low relative strength, it was outperformed by 71.8% 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) | UP | MIXED | The current price of UA is below the rising 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) | 45.36 | NEUTRAL | The RSI value for UA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests UA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.69 | NEUTRAL | The Stochastics value for UA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for UA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.82 | NEGATIVE | The low ADX value for UA suggests a weak or negative 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)
6.33
-0.07 (-1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-1.09%
1 Week-2.91%
2 Weeks-6.36%
1 Month-4.81%
3 Month13.44%
6 Month-5.52%
12 Month-17.47%
2 Year-8.13%
3 Year-16.6%
5 Year-28.47%
10 Year-86.75%
15 Year41.18%
Volatility
ATR(14)0.24
ATR(20)%3.84%
ATR Inc-18.74%
Range Today0.13
ADR(20)0.23
ADR(20)%3.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.2
Mansfield-1.64
10 Day High7.08
10 Day Low6.08
20 Day High7.08
20 Day Low6.08
52 Week High10.62
52 Week Low4.62
CS1 End6.18
CR1 Start6.39
Volume & EV
DER(3)1.6%
DER(5)4.26%
Volume2.30M
Volume Incr23.8%
Vol(5)2.61M
Vol(50)2.63M