Uaa stock price a positive shift in consumer sentiment
A positive shift in consumer sentiment, driven by falling fuel prices, has been an under-the-radar tailwind for "UAA stock price", as discretionary retail spending stabilizes. In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped UAA earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Recent volume spikes in "UAA stock price" trading point to heightened market activity ahead of Q2 earnings. Technical traders are watching the 200-day moving average as a key support level for trend confirmation.
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