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Uber Technologies' 15min chart shows MACD Death Cross, Bollinger Bands Narrowing.
ByAinvest
Monday, Aug 4, 2025 1:17 pm ET1min read
Uber Technologies' 15-minute chart has triggered a MACD Death Cross and Bollinger Bands Narrowing at 08/04/2025 13:15, indicating a potential downward trend in the stock price, with decreasing volatility in price fluctuations.
Uber Technologies Inc. (UBER) has seen a significant stock gain of 44% year-to-date, yet recent technical indicators suggest a potential downward trend. On August 4, 2025, at 13:15, the 15-minute chart of UBER stock triggered a MACD Death Cross and Bollinger Bands Narrowing, indicating a potential decrease in stock price and volatility [1].Despite these technical signals, analyst Justin Post from BoA Securities maintains a bullish outlook on Uber. Post raised his 2025 estimates, expecting solid outperformance driven by strong Mobility and Delivery trends, favorable foreign exchange tailwinds, and early signs of success in autonomous vehicle partnerships. He raised his second-quarter gross bookings forecast to $47.1 billion, and revenue and adjusted EBITDA projections to $12.56 billion and $2.12 billion, respectively [1].
Post expects 19% year-over-year constant currency bookings growth, supported by accelerating U.S. consumer spending and stronger international results. He also highlighted Uber's expanding autonomous vehicle ecosystem and the potential benefits of the upcoming acquisition of Trendyol GO in Turkey. Post projects third-quarter bookings in the $47.25 billion–$48.75 billion range and EBITDA forecast for the third quarter at $2.26 billion–$2.36 billion [1].
However, despite the positive outlook, the technical indicators suggest a potential downward trend in UBER stock. The MACD Death Cross and Bollinger Bands Narrowing are classic signals of a potential reversal in the stock's price trend. Investors should closely monitor these indicators and the company's earnings reports for further guidance.
References:
[1] https://www.benzinga.com/analyst-stock-ratings/reiteration/25/08/46833310/why-this-analyst-thinks-uber-is-set-for-a-strong-q2
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