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Takip Edin: @UscMarketsUBER Stock Forecast & Uber Technologies Chart Analysis
This article provides a detailed analysis of UBER-Uber Technologies stock including a forecast for UBER shares. It features Uber Technologies, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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UBER Historical Data Review
UBER Current Price Performance Analysis
The Uber Technologies - UBER stock traded on the American stock market, on 06-05-2024, closed at 65.82$ with a %1.97 increased compared to the previous day.
In the last month, the price of UBER changed by %-7.96 decreased in value, from 71.51 dollars on 05-06-2024 to 65.82 dollars, decreased.
Last year, the price of UBER was 40.25 dollars on 06-06-2023, and changed by %63.53 increased in value, to 65.82 dollars increased within a year.
The price of Uber Technologies stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
UBER with AI Stock Forecast & Price Target
On the UBER chart Uber Technologies price was recorded as 65.82 Dollars on 06/05/2024.
The artificial intelligence's forecast on UBER stock is as follows.
The artificial intelligence's prediction error margin for UBER stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Uber Technologies stock over the next 4 months is: 80.3 Dollars.
The commentary on UBER stock Target Price: Highest: 98.228 Dollars is predicted.
The commentary on UBER stock Target Price: Lowest: 65.685 Dollars is predicted.
Resistance Price where Uber Technologies stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 73.607 |
| 10-08-2024 | 79.276 |
| 12-02-2024 | 84.787 |
| 01-16-2025 | 85.554 |
Support Price where Uber Technologies stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-25-2024 | 65.685 |
| 10-28-2024 | 78.231 |
| 12-17-2024 | 84.110 |
| 02-10-2025 | 84.512 |
The commentary on UBER stock: The target price can generally be said to be on the rise.
The commentary on UBER stock: Fluctuations in the target price can be expected in the coming days.
The target price for Uber Technologies stock by the end of 2024 is predicted to be 84.178 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on UBER stock, and the 2024 target price predictions for Uber Technologies are detailed above.
The technical analysis and charts for the commentary on UBER stock are below.
UBER Support & Resistance and Trend Analysis
UBER stock you have reviewed the technical analysis support resistance charts regarding.
UBER : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the UBER review, the Uber Technologies support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Uber Technologies Support and Resistance Prices:
| UBER Support Level Price | UBER Resistance Level Price |
|---|---|
| 57.22 | 63.53 |
| 62.91 | 66.28 |
| 63.83 | 73.82 |
| 73.66 | 81.23 |
| 75.82 | 82.14 |
UBER Technical Analysis: SMA, RSI, MACD
Upon reviewing the UBER chart, buy and sell signals have been generated in the Uber Technologies technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for UBER stock are as follows:- UBER technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Uber Technologies gave a 'Buy' signal when the RSI was at 28.986, with the current RSI value at 46.899.
- The technical analysis for UBER indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Uber Technologies issued a 'Buy' signal when the MACD was at -1.898, with the current MACD value being: -1.398
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
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