Individual Institutional Fintech & Developer
Sign in
Open account
Individuals Institutional

Call toll-free 800.328.1267

Login

Market Insights

Opportunity knocks for those with trading in their DNA.
Curiosity creates opportunity. Insights create strategy. Born traders create their destiny.

Stocks

Options

Futures

Stocks | Technical Analysis | Technology
Chart of the Day: Are the Bears Riding Uber?
David Russell
May 20, 2026

Uber Technologies has dropped since late 2025, and some traders may see further downside in the ride-sharing stock.

The first pattern on today’s chart is the series of higher lows since late March. Following an earlier slide, that pattern could be viewed as a bearish flag.

Second, the 50-day simple …

For more, please click here to view the related idea and chart analysis on TradingView.

Uber Technologies (UBER), daily chart, with select patterns and indicators, courtesy of TradingView.

Tags: UBER

About the author

David Russell
David Russell is Global Head of Market Strategy at TradeStation. Drawing on more than two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them apprised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.

Related stories