The bearish DailyPlay we chose for Friday September 30^th is Under Armour (UA). UA is part of the Consumer Discretionary Sector (XLY). Over the last month, XLY has experienced a 1.3% move lower and it’s 1m trend turned bearish yesterday and recently bounced lower off its $80 resistance level.

Under Armour’s 1m and 6m trends turned bearish yesterday and recently bounced lower off its $40 resistance level. With a technical score of 2 (out of 10), UA looks positioned to continue this strong bearish trend lower.

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