UAA Technical Analysis - UNDER ARMOUR INC-CLASS A

Technical Rating and Analysis

Overall UAA gets a technical rating of 0 out of 10. UAA 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.

When comparing the yearly performance of all stocks, UAA is a bad performer in the overall market: 95% of all stocks are doing better.

UAA is one of the lesser performing stocks in the Textiles, Apparel & Luxury Goods industry. 89% of 48 stocks in the same industry do better.

UAA 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.

In the last month UAA has a been trading in the 4.72 - 5.15 range, which is quite wide. It is currently trading near the high of this range.

UAA has an average volume of 13604000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

UNDER ARMOUR INC-CLASS A / UAA Weekly stock chart

UNDER ARMOUR INC-CLASS A / UAA Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, UAA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

4.71

7.45

When analyzing the support we notice one important area.

A support zone ranging from 4.76 to 4.82. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

A resistance zone ranging from 5.06 to 5.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @6.52 from a trend line in the weekly time frame.
Resistance @6.82 from a trend line in the daily time frame.
Resistance @7.38 from a horizontal line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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 UAA is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for UAA is neutral.
ChartMill Relative Strength	5.2	NEGATIVE	UAA has a low relative strength, it was outperformed by 94.8% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of UAA is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of UAA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of UAA is below a declining SMA(200).
Relative Strength Index/RSI (14)	49.06	NEUTRAL	The RSI value for UAA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.06	POSITIVE	The MACD value suggests UAA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	80.76	OVERBOUGHT	The high Stochastics value suggests UAA may be overbought.
Average True Range in percent/ATR (20)	2.89	MEDIUM VOLATILITY	The ATR as a percentage value for UAA suggests some volalility.
Average Directional Index/ADX (14)	20.48	NEUTRAL	The ADX value for UAA suggests a possible start of a new trend.