Trading Signals: UBER Stock Price Prediction and Forecast (Fri. May. 10, 2019 - Fri. Dec. 22, 2023)(Uber Technologies, Inc.)
| UBER latest price $28.0300 (3.62%) ($26.9500 - $28.4000) on Wed. Nov. 20, 2019. | |
| | Trend Analysis and Forecast | | | | Average Daily Percentage Swing | 2.77% (three month average) | | RSI | 29 | | Latest Price | $28.0300(3.62%) | | Stocks Behave Similarly | Similar Stock List | | Daily Trend | UBER advances 1% a day on average for past five trading days. | | Weekly Trend | UBER declines -4.7% a week on average for past two weeks. | | Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. | | Correlated ETFs | Broad market will support UBER advance at 0% a week (0% probability)
IPO(59%) XLY(59%) IBUY(58%) IWO(57%) PEJ(57%) | | Factors Impacting UBER price | UBER will decline at least -1.385% in a week (0% probabilities).
VIXM(-52%) VXX(-21%) UUP(-12%) TBT(-1%) IGOV(0%) | | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | | | | Relative Volatility | (options are extremely cheap) | | | | | Market Trend Strength | -1.385% (StdDev 2.77%) | | Hourly BBV | 0 () | | Intraday Trend | 3.6% | | | | | |
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| 1 - 5 Day Possible Target | $9.41(-66.43%) | | Resistance Level | $29.04 | | 5 Day Moving Average | $26.92(4.12%) | | 10 Day Moving Average | $26.96(3.97%) | | 20 Day Moving Average | $29.04(-3.48%) | | To recent high | -20.6% | | To recent low | 7.8% | | Market Cap | $48.939b | | | | | | |
Uber Technologies, Inc. operates as a technology platform for people and things mobility. The firm offers multi-modal people transportation, restaurant food delivery, and connecting freight carriers and shippers. It operates through following segments: Core Platform and Other Bets. Core Platform primarily includes the ridesharing and Uber Eats products; while Other Bets primarily includes the Company's Freight and New Mobility products. The company was founded by Oscar Salazar Gaitan, Travis Kalanick and Garrett Camp in 2009 and is headquartered in San Francisco, CA. |