7.50% Move Highlights bullish Momentum in UBER Stock on Jun 24, 2025
Date: Jun 24, 2025 (Tuesday)
As of 11:48:31 AM EDT.
open : $87.99
close : $91.63
low : $87.91
high : $92.39
previous close: $85.24
Also check: Tool to spot which candlestick has formed
Company Profile
Symbol : UBER
Exchange : NYSE
Sector : Technology
Industry : Software - Application
Market Size : 191.572B (Large-Cap)
Website : https://www.uber.com/
Price Analysis On Jun 24, 2025 (Tuesday), Uber Technologies, Inc. (UBER) showed bullish momentum of 7.50% relative to previous day's close. (As of 11:48:31 AM EDT.)
Opening Bell At the opening bell, the stock opened at $87.99, a significant gap up of 3.23% from the previous close of $85.24.
Volume Analysis During the day's session, Uber Technologies, Inc. traded 19,596,114 shares, showing a modest -10.01% change compared to the average of 21,776,643 shares. This indicates a fairly typical level of market activity, with no major deviations from average trading volume. (As of 11:48:31 AM EDT.)
Trading Range Uber Technologies, Inc., hit a high of $92.39 and a low of $87.91, creating a trading range of $4.48. The stock closed 7.50% higher than the previous day and 4.14% higher than the day's open.
Volatility Analysis The stock showed moderate volatility (4.89%) with movement between $87.91 and $92.39.
Market view Notably, the stock has been on a strong upward trajectory in recent months and today's close > open forms a bullish candle, reinforcing the trend and signaling strong buying pressure as bullish momentum continues.
Technical View On Chart
The most recent candle displays a powerful bullish breakout following the completion of a textbook Elliott Wave cycle (5-wave impulse followed by ABC corrective). The breakout above the consolidation period means that upward momentum has resumed. With price approaching resistance at $93.48, a clear break above this level could signal bullish continuation, aided by higher volume.
Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.