Episodes

  • Uber Technologies (UBER) Rides Higher on Promising Technical Indicators

    Uber Technologies (UBER) Rides Higher on Promising Technical Indicators
    Nov 14 2024
    **Uber Technologies, Inc. (UBER) Analysis**

    1. **Current Price and Intraday Trading Range**:
    - Current price: $71.16 as of November 14, 2024[1].
    - Recent intraday trading range: $71.34 to $73.00 on November 11, 2024[2].

    2. **Pre-market and After-hours Movement**:
    - Pre-market on November 11, 2024: $71.45, down 0.28%[2].

    3. **Trading Volume vs Average**:
    - Recent trading volume: 19.58M on November 11, 2024, which is slightly below the average volume seen in the previous days[2].

    4. **Recent News or Announcements**:
    - No significant news or announcements in the last 24 hours that could impact the stock price.

    5. **Major Analyst Updates or Price Target Changes**:
    - No recent analyst updates or price target changes were found in the provided sources.

    6. **Options Flow Activity**:
    - No specific information on options flow activity was available in the provided sources.

    7. **Related Semiconductor/AI Sector News**:
    - No direct impact from semiconductor/AI sector news on Uber was found in the provided sources.

    8. **Key Technical Indicators for Day Trading**:
    - **Moving Averages**: Short-term and long-term moving averages indicate a positive forecast for the stock[5].
    - **MACD**: A buy signal from the 3-month Moving Average Convergence Divergence (MACD) suggests a positive trend[5].
    - **Support Levels**: Accumulated volume at $69.36 and $70.90 provides potential buying opportunities[5].
    - **Risk and Stop-loss**: Medium risk with a recommended stop-loss at $69.93[5].

    **Market Sentiment**:
    - The overall market sentiment for Uber Technologies, Inc. (UBER) is cautiously positive, with several short-term signals indicating a possible shift towards a trend. However, the stock is closer to resistance levels than support, suggesting caution in intraday trading[5].
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    2 mins
  • Uber Stock Update: Analysts Bullish, Positive Sentiment Across the Board

    Uber Stock Update: Analysts Bullish, Positive Sentiment Across the Board
    Nov 13 2024
    **Uber (UBER) Stock Analysis:**

    1. **Current Price and Intraday Trading Range:**
    - As of November 12, 2024, Uber's stock price is $71.49, with a day high of $72.67 and a day low of $71.21[5].

    2. **Pre-market and After-hours Movement:**
    - No specific pre-market or after-hours data is available in the provided sources.

    3. **Trading Volume vs Average:**
    - The current volume is 406,212 shares, but no average volume data is provided for comparison[5].

    4. **Recent News or Announcements:**
    - There are no recent news or announcements in the last 24 hours mentioned in the provided sources.

    5. **Major Analyst Updates or Price Target Changes:**
    - Uber has received a consensus rating of buy, with an average price target of $91.86, indicating a 15.29% upside potential[4].
    - DA Davidson raised Uber's price target to $84 from $82[4].

    6. **Options Flow Activity:**
    - On November 8th, 142.2K contracts were traded, with 1.32 million open interest[3].

    7. **Related Semiconductor/AI Sector News Affecting Uber:**
    - Lyft surged after a new deal with Mobileye, which could indirectly impact Uber's market position[1][4].
    - Autonomous driving approvals and related news could influence Uber's future prospects, but no recent updates are provided.

    8. **Key Technical Indicators for Day Trading:**
    - UBER has a beta of 1.87, indicating high sensitivity to market movements[1].
    - The stock has a correlation of 0.32 to the SPY ETF[1].
    - Support price is $71.56, and resistance is $74.70, based on 1-day standard deviation move[1].
    - SMA indicators are positive, with a 20-day/200-day momentum of 92.11%[4].

    **Market Sentiment:**
    - Analyst consensus is a strong buy, with 98 buy ratings, 2 hold ratings, and 0 sell ratings[5].
    - Blogger sentiment is bullish, with 88% positive sentiment[4].
    - Hedge fund trend shows an increase of 1.8M shares last quarter[4].
    - Insider transactions include sold shares worth $2.9M over the last 3 months[4].
    - Crowd wisdom is positive, with a 3.9% increase in the last 30 days[4].
    - News sentiment is very bullish, with 100% bullish news and 0% bearish news[4].
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    3 mins
  • Uber's Recent Performance, Analyst Ratings, and Market Sentiment - A Ride-Hailing Snapshot

    Uber's Recent Performance, Analyst Ratings, and Market Sentiment - A Ride-Hailing Snapshot
    Nov 12 2024
    **Uber (UBER) Analysis:**

    1. **Current Price and Intraday Trading Range:**
    - Current price: $71.65 USD[1].
    - Recent trading range: 69.87 - 86.18 in the last month[5].

    2. **Pre-market and After-hours Movement:**
    - Premarket: 74.87 +0.72 (+0.97%)[5].

    3. **Trading Volume vs Average:**
    - Recent trading volume: 17,674,631 million shares[4].
    - Average volume data not provided in the sources.

    4. **Recent News or Announcements:**
    - Uber proposes slashing pay for New York City drivers[2].
    - Expedia Chair Diller says deal with Uber ‘not going to happen’[2].
    - Uber price target lowered to $95 from $99 at Truist, raised to $82 from $80 at RBC Capital, and lowered to $90 from $97 at Wells Fargo[2].

    5. **Major Analyst Updates or Price Target Changes:**
    - Strong Buy consensus with an average price target of $91.86 (15.29% upside)[2].
    - Recent buy ratings from Morgan Stanley and Loop Capital Markets[4].

    6. **Options Flow Activity:**
    - No specific data on options flow activity in the provided sources.

    7. **Related Semiconductor/AI Sector News Affecting Uber:**
    - Lyft surges after new deal with Mobileye, indicating positive trends in the ride-hailing and autonomous vehicle sectors[4].

    8. **Key Technical Indicators for Day Trading:**
    - Support price: $71.56, resistance: $74.70[4].
    - 60-Month Beta: 1.34, indicating higher volatility[3].
    - Technical rating: 6 out of 10, suggesting a wait for consolidation before entry[5].

    **Market Sentiment:**
    - Bullish sentiment: 88%[2].
    - Recent performance: +44.3% in the last year, but underperformed in the last 3 months and 2 weeks[4].
    - Analysts view Uber as undervalued with a strong buy consensus[2].
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    2 mins
  • Uber Stock Analysis: Bullish Momentum Amidst Analyst Upgrades and Autonomous Vehicle Partnerships

    Uber Stock Analysis: Bullish Momentum Amidst Analyst Upgrades and Autonomous Vehicle Partnerships
    Nov 11 2024
    **Uber (UBER) Stock Analysis**

    1. **Current Price and Intraday Trading Range**: The current price of Uber is $72.04 USD, with a day high of $74.31 and a day low of $73.24[3][4].

    2. **Pre-market and After-hours Movement**: No specific pre-market or after-hours data is provided in the sources, but the stock has shown a recent drop from its opening price on Friday, 11/08/2024, from $73.24 to $72.03[3].

    3. **Trading Volume vs Average**: The trading volume is 219,183.00, but no average volume is provided for comparison[3].

    4. **Recent News or Announcements**: Recent news includes Uber proposing to lower the base pay rate for New York City drivers and a report that Expedia Chair Diller says a deal with Uber is "not going to happen"[5].

    5. **Major Analyst Updates or Price Target Changes**: Analysts have made recent price target adjustments, including Truist lowering the target to $95 from $99, RBC Capital raising it to $82 from $80, and Wells Fargo lowering it to $90 from $97[5]. The average price target is $91.86, indicating a 15.29% upside[5].

    6. **Options Flow Activity**: No specific options flow activity is mentioned in the sources.

    7. **Related Semiconductor/AI Sector News**: No direct impact from semiconductor/AI sector news is mentioned, but Uber's partnerships with autonomous vehicle providers like Waymo, Cruise, and Aurora are highlighted as a positive factor[5].

    8. **Key Technical Indicators for Day Trading**: The stock has a 60-month beta of 1.34, a P/E ratio of 70.49, and a strong buy consensus from analysts[2][5]. The SMA (Simple Moving Average) is positive over 20 and 200 days, indicating a bullish trend[5].

    **Market Sentiment**: The overall sentiment is bullish, with 98 buy ratings, 2 hold ratings, and 0 sell ratings. The blogger sentiment is also bullish at 88%, and the news sentiment is very bullish with 100% positive news[3][5].
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    2 mins
  • Uber's Ride to Success: Analyzing the Trends and Outlook for the Ride-Hailing Giant

    Uber's Ride to Success: Analyzing the Trends and Outlook for the Ride-Hailing Giant
    Nov 8 2024
    **Uber (UBER) Stock Analysis**

    1. **Current Price and Intraday Trading Range**: As of November 7, 2024, Uber's closing price was $73.05, with an intraday range of $73.24 to $74.31.

    2. **Pre-market and After-hours Movement**: Not specified in the provided sources.

    3. **Trading Volume vs Average**: The trading volume on November 5, 2024, was 219,183,000 shares, but the average volume is not provided in the sources.

    4. **Recent News or Announcements**: Recent news includes Uber proposing to lower the base pay rate for New York City drivers and Expedia Chair Diller stating that a deal with Uber is "not going to happen".

    5. **Major Analyst Updates or Price Target Changes**: Recent updates include price targets being lowered to $95 from $99 at Truist, raised to $82 from $80 at RBC Capital, and lowered to $90 from $97 at Wells Fargo. JPMorgan views the recent earnings selloff as a buying opportunity.

    6. **Options Flow Activity**: Not specified in the provided sources.

    7. **Related Semiconductor/AI Sector News**: There is no direct mention of semiconductor/AI sector news affecting Uber in the provided sources. However, BofA is optimistic about Uber's role in the autonomous vehicle market.

    8. **Key Technical Indicators for Day Trading**:
    - **Support and Resistance**: The support price is $74.54, and the resistance is $77.80, based on a 1-day standard deviation move.
    - **SMA**: Positive, with 20-day and 200-day moving averages indicating an upward trend.
    - **Momentum**: 92.11% over 12 months, indicating strong momentum.

    **Market Sentiment**: The overall sentiment is bullish, with a strong buy consensus among analysts and a 15.29% upside based on an average price target of $91.86. The blogger sentiment is also bullish, with 88% positive sentiment.
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    2 mins