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Daily Trend and Intraday Bounce

Daily Trend and Intraday Bounce

Uber Technologies, Inc. stock sits at a crossroads. The daily chart still points lower, with price trading beneath every major moving average. Yet buyers have stepped back in over the last few hours, creating tension between a tired daily trend and a fresher intraday bid.

UBER daily chart with EMA20, EMA50 and volume
UBER — daily chart with candlesticks, EMA20/EMA50 and volume.

Key takeaways

  • UBER closed at $70.36, below its 20-day, 50-day, and 200-day EMAs — a textbook bearish regime on the daily chart.
  • Daily MACD remains negative at -0.79 against a signal of -0.65, confirming sellers still hold the higher-timeframe edge.
  • The hourly chart shows a neutral regime with a mild bullish tilt; price has reclaimed its 20 and 50-period EMAs but remains below the 200-period EMA at…

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