Uber Technologies, Inc. stock falls to $67.25 on weak Q3 guidance

Uber Technologies, Inc. stock fell to 67.25, down from an open of 68.80, after a mixed Q2 report. Bookings and profit beat expectations, but weak Q3 guidance drove the sell-off. Price action, momentum, and trend structure now all point bearishly across multiple timeframes.

Key takeaways

• Uber Technologies, Inc. stock closed at 67.25 on the daily session, down from an open of 68.80.
• The daily trend is bearish with price trading below the EMA20 at 70.86, EMA50 at 71.89, and EMA200 at 77.27.
• Daily RSI14 at 39.82 signals weakness but not yet oversold, leaving room for further downside.
• Hourly RSI14 has dropped to 26.14 — deep oversold territory that raises odds of a short-term bounce.
• The bearish scenario dominates as long as price stays below the EMA20/EMA50 cluster at 70.86–71.89.
• A break below daily S1 support at 66.52 would open the door toward the lower Bollinger Band at 66.67.

Daily Trend: A Clean Bearish Regime for Uber Technologies, Inc. Stock

The daily chart for Uber Technologies, Inc. stock confirms a clean bearish regime. Price trades below all three major moving averages — the EMA20 at 70.86, the EMA50 at 71.89, and the EMA200 at 77.27. That stacked, descending alignment is a textbook bearish structure, and the system’s regime classification confirms it directly: bearish.

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