See how the Descending Triangle is playing out for UDR. View live chart.
Bearish continuation pattern.
A clear signal has emerged for UDR, Inc. (UDR) on the daily chart. Currently at $35.12, the asset is showing upward momentum (1.06%). The primary technical feature is a Descending Triangle formation. This setup is supported by average volume turnover. A potential breakout level is identified at $33.48, targeting $29.12 with support near $35.45 (R:R 2.21).
What is your outlook on UDR?