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Under Armour Inc
Company Overview: Under Armour, Inc. (NYSE: UAA) is a developer, marketer and distributor of branded athletic performance apparel, footwear and accessories. It is engaged in developing, marketing and distributing branded performance apparel, footwear and accessories for men, women and youth. It operates in four geographic segments: North America, comprising the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific, and Latin America.
As per our previous US Diversified Opportunities Report published on ‘UAA’ on 13th June 2024, Kalkine provided an ‘Buy’ stance on the stock at USD 6.87 based on “decent fundamentals, associated risks, other key financial highlights, and current valuation” and the stock price has now moved by ~17.03% since then and has attained resistance 1 and nearing resistance 2.
Noted below are the details of support and resistance levels provided in our previous report:
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