Under Armour Inc (NYSE:UAA) price closed lower on current market day and dropping -1.60% below its previous close.
A look at the daily price movement shows that the last close reads $8.13, with intraday deals fluctuated between $7.91 and $8.15. The company’s 5Y monthly beta was ticking 1.676. Taking into account the 52-week price action we note that the stock hit a 52-week high of $9.50 and 52-week low of $6.17. The stock added 20.30% on its value in the past month.
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Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give UAA a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that UAA’s price is at present 13.30% off the SMA20 and 15.90% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 66.48, with weekly volatility standing at 3.26%. The indicator jumps to 3.78% when calculated based on the past 30 days. Under Armour Inc (NYSE:UAA)’s beta value is holding at 1.64, while the average true range (ATR) indicator is currently reading 0.32.
An analysis of the Under Armour Inc (NYSE:UAA) stock in terms of its daily trading volume indicates that the 3-month average is 12.48 million.
Current records show that the company has 188.80M in outstanding shares. The insiders’ percentage holdings are 56.84% of outstanding shares while the percentage share held by institutions stands at 40.54%. But the -8.99% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
