Under Armour: Eyeing Earnings And Free Cash Flow Growth, Technicals Weak


  • The Consumer Discretionary ETF led sector performance last week, driven by strong economic data.
  • Under Armour is set to release its FY Q3 2024 report amid weak momentum and underperformance compared to competitors.
  • UA’s valuation is favorable, but growth trends are uncertain, and technical indicators suggest a bearish trend.
  • I highlight the expected earnings-related stock moves and key prices on the chart.

Strong economic data last week helped send the Consumer Discretionary ETF, Consumer Discretionary Select Sector SPDR Fund ETF (XLY) to the leading sector performance slot. That is a generally risk-on indicator, though cyclical areas like Real Estate