After completing its last trading session, Under Armour, Inc. (NYSE:UAA) dropped by -1.8% – here is what that looked like (as of 2019-12-04):
What is the cause of all this?? To have a greater insight of what is happening, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 51.34, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.01, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.499, an Accumulation/Distribution Index (ADI) of 0.499, an On-Balance Volume (OBV) of 1633.814, and a Chaiikin Money Flow (CMF) of 18.44. 1.706
Now let’s plug these indicators in. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Under Armour, Inc. (NYSE:UAA). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.