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Bearish Moving Average Cross by Under Armo-C (UA)

By David Diaz

Under Armo-C (NYSE:UA) shares have crossed bearishly below their 10-day moving average of $18.02 on a volume of 451K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Under Armo-C share prices have moved between a 52-week high of $24.55 and a 52-week low of $15.05 and are now trading 18% above that low price at $17.81 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.2%.

SmarTrend is tracking the current trend status for Under Armo-C and will alert subscribers who have UA in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses under armo-c

Ticker(s): UA