UNDER ARMOUR INC-CLASS C (UA) Stock Technical Analysis
NYSE:UA • US9043112062
Taking everything into account, UA scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, UA is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- UA is part of the Textiles, Apparel & Luxury Goods industry. There are 45 other stocks in this industry. UA outperforms 88% of them.
- UA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UA is lagging the market slightly.
- UA has an average volume of 6318240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, UA did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month UA has a been trading in the 5.45 - 7.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although UA has an excellent technical rating, it does not offer a high 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
6.65
When analyzing the support we notice one important area.
- A support zone ranging from 6.72 to 6.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- Resistance @7.35 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for UA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UA is up. |
| ChartMill Relative Strength | 87.6 | POSITIVE | UA has a high relative strength, it outperformed 87.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.85 | NEUTRAL | The RSI value for UA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests UA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.79 | NEUTRAL | The Stochastics value for UA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for UA suggests high volalility. |
| Average Directional Index/ADX (14) | 49.33 | POSITIVE | The high ADX value value for UA suggests a strong trend. |
6.97
+0.14 (+2.05%)
UNDER ARMOUR INC-CLASS C / UA FAQ
Can you provide the ChartMill technical rating for UNDER ARMOUR INC-CLASS C?
ChartMill assigns a technical rating of 9 / 10 to UA.
What is the trend direction for UA stock?
The current trend direction for UNDER ARMOUR INC-CLASS C (UA) is Bullish.
What is the RSI signal for UNDER ARMOUR INC-CLASS C (UA) stock?
UNDER ARMOUR INC-CLASS C (UA) has an RSI value of 62.846. This indicates that the stock is currently neutral.
What is the MACD signal for UNDER ARMOUR INC-CLASS C (UA) stock?
The MACD indicator for UNDER ARMOUR INC-CLASS C (UA) has a value of 0.0170878, indicating a bearish trend.
What is the buy/sell signal for UA stock?
The buy/sell signal for UNDER ARMOUR INC-CLASS C (UA) is buy as both the short term and long term trends are positive.