StockChartsAI.com
All Chart Prices Delayed at least 15 minutesBefore accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.
Stock Charts AI Power Rank: 5.1
Power Rank trend -> Rising
07/26/2024 16:10:00 EST
Under Armour Inc C (UA)
Industry: Apparel Manufacturing
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, UA has been trading in a range between $6.82 and $6.25 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
UA is trading between resistance at $6.89 about 3% to the upside and support at $6.61 -1% to the downside. If it can break above the resistance, it could have some more upside to the next line of resistance at $7.82, about a 17% move. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Under Armour Inc C $UA entered a Green zone 1 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $13, a potential upside of 93.74% from the recent price of 6.71. The stock is trading 33.98% (potential upside) below its 52 week high of $8.99 and 14.51 % (potential downside) above its 52 week low of $5.86 - based on the recent price.
Company Summary
Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types.
News
| UNDER ARMOUR ANNOUNCES FIRST QUARTER FISCAL 2025 EARNINGS CONFERENCE CALL DATE BALTIMORE , July 24, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) plans to release its first quarter fiscal 2025 (ended June 30, 2024) results on August 8, 2024. Following the news release at approximately 7:00 a.m. Source: PRNewsWire Wed, 24 Jul 2024 16:30:00 -0400 Sentiment: Neutral |
| Sportswear Industry Growth Prospects Expect volumes and product innovation to drive growth this year, notes Raam Ratnam. He discusses themes within the sportswear space, as well as sportswear industry growth prospects. Source: Schwab Network Wed, 10 Jul 2024 13:54:04 -0400 Sentiment: Positive |
| Under Armour: Golden Opportunity Nike's collapse presents an opportunity for Under Armour to regain prominence in athletic apparel. Under Armour's founding CEO, Kevin Plank, has returned to lead the company after struggles due in part to post-Covid disruptions. The stock is incredibly cheap compared to Nike, despite favorable gross margins and similar growth issues. Source: Seeking Alpha Mon, 01 Jul 2024 10:00:00 -0400 Sentiment: Positive |
| Under Armour agrees $434m class action settlement Under Armour Inc (NYSE:UA) has agreed to a $434 million settlement to resolve a 2017 class action lawsuit accusing the company of misleading shareholders about its revenue growth to meet Wall Street expectations. The deal, pending court approval, avoids a trial that was set for July 15 in Baltimore federal court. Source: Proactive Investors Mon, 24 Jun 2024 08:45:33 -0400 Sentiment: Negative |
| Under Armour to pay $434 million to settle lawsuit over sales disclosures Under Armour on Friday said it has agreed to pay $434 million to settle a 2017 class action lawsuit accusing the sports apparel maker of defrauding shareholders about its revenue growth in order to meet Wall Street forecasts. Source: Reuters Fri, 21 Jun 2024 17:43:51 -0400 Sentiment: Negative |
Technicals 52 Week Hi: 8.99 52 Week Low: 5.86 Beta: 1.676 50 Day MA: 6.6266 200 Day MA: 7.1722 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.039 Qtr Revenue Growth YOY: -0.047 Forward PE: 12.3305 Trailing PE: 12.9038