UAA +3.97% to $7.86 as Price Tests 52-Week High at $7.94

$Under Armour Class A(UAA)$

Under Armour, Inc. (UAA) Surges +3.97%: Testing 52-Week High at $7.94, Momentum Builds

Latest Close Data

Closed at $7.86 on 2026-02-10, up +3.97%. The price is now just $0.08 (1.0%) below its 52-week high of $7.94.

Core Market Drivers

While no specific breaking news is highlighted, the stock is trading near yearly highs, suggesting underlying positive sentiment or anticipation.
The significant daily volume of 17.59M shares (4.15% turnover) indicates strong institutional or speculative interest driving the move.

Technical Analysis

Volume was robust at 1.12x the average, confirming the bullish price action.
The RSI(6) at 84.6 is deeply in overbought territory, signaling extreme near-term buying pressure and potential for a pullback.
The MACD histogram is positive at 0.227, showing strong upward momentum is intact.

Key Price Levels

* Immediate Pivot/Resistance: $7.94 (52-Week High). A confirmed break above could trigger further buying.

* Primary Support: $7.43 (Today's Low). This level held as support during today's session.

* Stronger Support: $4.54 (Recent Support Level). A major floor from earlier in the week.

Valuation Perspective

The trailing P/E is negative at -6.45 due to recent losses. The Forward P/E of 76.34 is significantly above its historical average of 34.23, indicating the market is pricing in a strong future earnings recovery. The P/S ratio of 0.67 may appear attractive relative to some peers.

Analyst Targets

Based on 16 analysts, the average price target is $7.65, slightly below the current price. Sentiment is cautious, with a consensus rating leaning towards "Hold" (21 analysts), accompanied by 3 "Buy" ratings and 2 "Underperform" ratings.

Weekly Outlook

Expect consolidation or a minor pullback in the $7.43 - $7.94 range as the overbought RSI(6) cools off. A decisive break and close above $7.94 could target the $8.20 - $8.50 zone. A break below $7.43 may see a test of the $7.00 support level.

Risk Disclaimer

This analysis is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Investing involves risk, including the potential loss of principal. Always conduct your own research and consider your financial situation before making any investment decisions. The author holds no position in UAA at the time of writing.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.