UAA Breaks Above 6 Up 7.7%
$Under Armour Class A(UAA)$
UAA Jumps +7.67%: Breaking $6 Hurdle, Momentum Test Ahead
Latest Close Data:
Closed at $6.18 on 2026-01-22, up 7.67% on the day. The stock is now 29.1% below its 52-week high of $8.72.
Core Market Drivers:
The significant 7.67% surge is primarily driven by strong retail investor buying, with small and medium-sized orders dominating the volume. A forward P/E of 113.88 indicates high market expectations for future earnings recovery.
Technical Analysis:
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Volume ratio at 1.58 and turnover rate of 4.06% confirm strong breakout participation.
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RSI(6) at 79.93 is in overbought territory, suggesting a potential short-term pullback.
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MACD continues to show bullish momentum with DIF at 0.341 crossing above DEA at 0.301.
Key Price Levels:
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Primary Support: $5.74 (Previous close & psychological level)
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Immediate Pivot: $6.18 (Today's close)
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Strong Resistance: $6.73 (Recent resistance level)
Valuation Perspective:
P/S ratio of 0.52 is attractive compared to many apparel peers, but the negative trailing P/E of -29.46 and a forward P/E of 113.88 reflect a company in transition, valued on future turnaround potential.
Analyst Targets:
16 analysts have an average price target of $6.02, slightly below the current price. Sentiment is mixed with 1 Strong Buy, 2 Buy, 21 Hold, and 2 Underperform ratings.
Weekly Outlook:
Expect consolidation or a minor pullback after the strong move, with RSI overbought. Key watch is whether it can hold above $6. A break above $6.73 could target the $7.00-$7.20 zone. A drop below $5.74 may see a test of $5.50.
Risk Disclaimer:
This analysis is for informational purposes only and not financial advice. Trading involves significant risk. Past performance is not indicative of future results. Please conduct your own research.
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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.
