UBER Pressured at $81.26 Under Bearish EMA Stack
BearishUber Technologies Inc (UBER) closed up 0.14% at $81.26 on December 29.
Technical indicators paint a bearish picture:
Moving Averages
Price sits below both the 9-day ($81.65) and 21-day ($84.25) EMAs, suggesting short-term weakness.
Momentum
RSI at 39.9 is in neutral territory but trending higher. MACD is bearish (-2.61 vs signal -2.49).