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Under Armo-C Bearish Moving Average Crossover Alert (UA)

By Nick Russo

Today, shares of Under Armo-C (NYSE:UA) have crossed bearishly below their 10-day moving average of $18.76 on a volume of 229K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Under Armo-C share prices have been bracketed by a low of $15.05 and a high of $24.55 and are now at $18.58, 23% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.7%.

SmarTrend is monitoring the recent change of momentum in Under Armo-C. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Under Armo-C in search of a potential trend change.

Keywords: moving crosses under armo-c

Ticker(s): UA