Uber Stock Forecast

Sell candidate since Jun 02, 2026 Loss -2.18%

The Uber stock price fell by -0.92% on the last day (Monday, 8th Jun 2026) from $70.71 to $70.06. During the last trading day the stock fluctuated 1.38% from a day low at $69.97 to a day high of $70.94. The price has been going up and down for this period, and there has been a -2.45% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -3 million shares and in total, 16 million shares were bought and sold for approximately $1.12 billion.

The stock is at the lower part of a wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $68.55 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Uber stock with a 90% probability to be traded between $67.86 and $78.09 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

UBER Signals & Forecast

There are few to no technical positive signals at the moment. The Uber stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $71.49 and $74.03. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 01, 2026, and so far it has fallen -5.03%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Uber stock

Uber finds support from accumulated volume at $69.91 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.97 between high and low, or 1.38%. For the last week, the stock has had daily average volatility of 2.35%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (UBER) For The Upcoming Trading Day Of Tuesday 9th

For the upcoming trading day on Tuesday, 9th we expect Uber Technologies, Inc. to open at $70.32, and during the day (based on 14 day Average True Range), to move between $68.94 and $71.18, which gives a possible trading interval of +/-$2.23 (+/-3.24%) up or down from last closing price. If Uber Technologies, Inc. takes out the full calculated possible swing range there will be an estimated 3.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $69.91 (0.21%) than the resistance at $74.70 (6.62%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Uber Technologies, Inc. stock A Buy?

Uber holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -1.700 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 9, 2026 - $70.32 ( 0.373%).

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