- Naranj Research Desk
UBER — NYSE —
Current RSI of this stock is 70.74, which indicates the strength of buyers.
MACD line has crossed the signal line from the below, generates bullish signal.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
Based on our swing trading advice for US stocks, Uber Technologies stock price target will be USD 104 - USD 105 in the next 12-14 trading sessions.
Uber Technologies, Inc. is a global technology company based in San Francisco, founded in 2009. It operates through three main segments: Mobility, Delivery, and Freight. The Mobility segment connects users to various transportation options including ridesharing, car rentals, taxis, and micromobility services like bikes and scooters. The Delivery segment enables consumers to order food, groceries, and other retail items for pickup or delivery, and also provides delivery services for businesses through Uber Direct, along with advertising solutions. The Freight segment offers a digital platform that connects shippers and carriers, helping businesses of all sizes manage and automate logistics. Originally launched as Ubercab, the company rebranded to Uber Technologies, Inc. in 2011.
UBER — NYSE —
Current RSI of this stock is 70.74, which indicates the strength of buyers.
MACD line has crossed the signal line from the below, generates bullish signal.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
Based on our swing trading advice for US stocks, Uber Technologies stock price target will be USD 104 - USD 105 in the next 12-14 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
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