If you’re staring at Under Armour’s latest stock chart and scratching your head, you’re not alone. Many investors are wondering whether the current share price, recently closing at $4.76 after a painful 41.2% drop year-to-date, signals an opportunity or a warning. The performance over the past year doesn’t sugarcoat the story, with the stock down nearly 50%. But numbers alone rarely tell the whole tale, and that’s especially true for a name like Under Armour, a brand synonymous with athletic apparel innovation.

Recent market jitters, broader concerns about the retail sector, and shifting consumer sentiment have weighed heavily on Under Armour’s share price. It’s been a rough ride, no question, but that hasn’t stopped…