Under Armour Technical Analysis (NYSE:UAA)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Under Armour stock price data and volume are plotted in UAA stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Under Armour. Technical analysis uses an approach for Under Armour stock analysis that does not care for the fair value of a company but uses price and volume data only.
Under Armour Moving Average
Moving averages show the average price of UAA stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $16.87 is above the last closing price of $16.19 and the 50 day moving average of $15.57 is below the last closing price of $16.19. The 10 and 20 day periods can predict short term moving average trends.
Under Armour Bollinger Bands
Bollinger bands comprise of a center line usually UAA SMA, and two UAA stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Under Armour bollinger bands show that the stock price is $16.19, upper band is 17.84, lower band is 15.9, and the average is 16.87.
Under Armour Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Under Armour MACD indicator can be used to identify bullish and bearish trends for the stock.
Under Armour Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of UAA stock is 39.09.