|
Archive - 11/22/2024 - Sign In to see current Signals. |
Under Armo (UAA) Technical Analysis
|
|
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Under Armo (UAA). During the week, the UAA dropped -0.53 points, or -5.27%, and closed at 9.52 on Friday, November 22, 2024. UAA was trading at average weekly trading volume. Long-term trend: [See UAA long-term trend chart] A long-term uptrend had started on August 5, 2024 at 6.17 and reached 11.89 on November 7, 2024. UAA gained -5.72 points, or -92.71%, in 13 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 8.35 and resistance is at 10.29. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend. Medium-term trend: [See UAA medium-term trend chart] A medium-term uptrend had started on October 31, 2024 at 8.45 and reached 11.89 on November 7, 2024. UAA gained -3.44 points, or -40.71%, in 1 weeks. The price is now at the 68.90% retracement level. Weekly Technical Indicators: [See UAA weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since July 5, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help. Short-term trend: [See UAA short-term trend chart] A short-term downtrend had started on November 7, 2024 at 11.89 and reached 8.96 on November 20, 2024. UAA lost 2.93 points, or 24.64%, in 13 days. The price is now at the 19.11% retracement level. Daily Technical Indicators: [See UAA daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|