Under Armour (UAA) has suffered a string of bad headlines -- including its CEO departing, Wall Street downgrades, along with recent retail fears -- so let's check on the charts to see if the news is discounted in the price action.
In the daily bar chart of UAA, below, we can see that the shares have been more than cut in half in just six or seven months -- this tells you there is a "rush for the doors," so to speak. Despite a significant decline, the shares still made a sharp downside price gap earlier this month. Prices are below the declining 50-day and 200-day moving average lines.
The daily On-Balance-Volume (OBV) line shows weakness from November as traders have been more aggressive sellers than buyers. The Moving Average Convergence Divergence (MACD) oscillator is below the zero line but narrowing towards a potential cover shorts buy signal.