UBER Weekly Technical Analysis
Uber Technologies Inc
Platform for ride-hailing, food delivery via Uber Eats, and freight services.
UBER Technical Analysis Summary
UBER is currently undergoing a severe medium-term correction following a massive multi-year run. The breakdown below the 50-week SMA shifted near-term momentum firmly to the downside, though a short-term oversold bounce is currently in progress. For long-term investors, the primary uptrend remains technically intact as long as price continues to trade above the critical 200-week SMA support zone.
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UBER Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has suffered a severe breakdown below the 50-week SMA, establishing a medium-term downtrend. While a short-term bounce is occurring near the lower Bollinger Band, weekly MACD is deeply negative and diverging, indicating dominant downward momentum.
Long-term Sentiment (weeks to months): Bullish
Despite the sharp recent correction, the broader multi-year structure remains an uptrend. Price is holding significantly above the steadily rising 200-week SMA, suggesting this is a deep pullback within a primary bull market.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-21T18:35:47.025Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $69.50 | $68.00 - $71.00 | Strong | Recent swing low and bounce point, aligning near the lower weekly Bollinger Band. |
| $60.00 | $58.50 - $61.50 | Strong | Major long-term structural support zone defined by the rising 200-week SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $85.50 | $84.00 - $87.00 | Strong | Overhead resistance zone where the broken 50-week SMA and the 20-week SMA (middle Bollinger Band) are converging. |
| $97.50 | $96.00 - $99.00 | Strong | Significant previous swing high and resistance zone formed before the final push to all-time highs. |
| $106.00 | $104.00 - $108.00 | Strong | All-time high structural resistance area. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Topping Structure | Bearish | N/A | A major multi-month topping pattern formed between late 2024 and early 2025, culminating in a breakdown below the $90 support area and the 50-week SMA. |
| Weak | Oversold Bounce | Bullish | N/A | After a precipitous drop, price tagged the lower Bollinger Band with RSI nearing 30, followed by a strong bullish weekly engulfing-style candle, indicating a counter-trend relief rally. |
Frequently Asked Questions about UBER
What is the current sentiment for UBER?
The short-term sentiment for UBER is currently Bearish because Price has suffered a severe breakdown below the 50-week SMA, establishing a medium-term downtrend. While a short-term bounce is occurring near the lower Bollinger Band, weekly MACD is deeply negative and diverging, indicating dominant downward momentum.. The long-term trend is classified as Bullish.
What are the key support levels for UBER?
StockDips.AI has identified key support levels for UBER at $69.50 and $60.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is UBER in a significant dip or a Value Dip right now?
UBER has a Value Score of 32/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.