Under Armour (Brazil) Technical Analysis

U1AI34 Stock  BRL 32.60  0.29  0.90%   
As of the 19th of April, Under Armour has the Coefficient Of Variation of (1,259), risk adjusted performance of (0.04), and Variance of 5.3. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Under Armour, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Under Armour, which can be compared to its competition. Please validate Under Armour standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Under Armour is priced more or less accurately, providing market reflects its prevalent price of 32.6 per share.

Under Armour Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Under, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Under
  
Under Armour's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Under Armour technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Under Armour technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Under Armour trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Under Armour Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Under Armour volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Under Armour Trend Analysis

Use this graph to draw trend lines for Under Armour. You can use it to identify possible trend reversals for Under Armour as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Under Armour price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Under Armour Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Under Armour applied against its price change over selected period. The best fit line has a slop of   0.09  , which may suggest that Under Armour market price will keep on failing further. It has 122 observation points and a regression sum of squares at 320.08, which is the sum of squared deviations for the predicted Under Armour price change compared to its average price change.

About Under Armour Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Under Armour on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Under Armour based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Under Armour price pattern first instead of the macroeconomic environment surrounding Under Armour. By analyzing Under Armour's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Under Armour's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Under Armour specific price patterns or momentum indicators. Please read more on our technical analysis page.

Under Armour April 19, 2024 Technical Indicators

Most technical analysis of Under help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Under from various momentum indicators to cycle indicators. When you analyze Under charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Under Armour. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Under Armour information on this page should be used as a complementary analysis to other Under Armour's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Under Stock analysis

When running Under Armour's price analysis, check to measure Under Armour's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Under Armour is operating at the current time. Most of Under Armour's value examination focuses on studying past and present price action to predict the probability of Under Armour's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Under Armour's price. Additionally, you may evaluate how the addition of Under Armour to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Under Armour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Under Armour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Under Armour's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.