See how the Rectangle is playing out for UDR. View live chart.
Sideways movement between parallel supports.
Bullish continuation pattern.
Consolidation. Can break either way.
UDR is showing interesting structural developments at $37.56. Currently at $37.56, the asset is showing downward momentum (-0.24%). The primary technical feature is a Ascending Triangle formation. Volume is average (0.7x avg) with moderate trend strength (9.9). A potential breakout level is identified at $39.72, targeting $43.03 with support near $37.39 (R:R 1.42).
What is your outlook on UDR?