See how the Bearish Flag is playing out for UDR. View live chart.
Bearish continuation if preceding move was down.
Traders are watching UDR, Inc. (UDR) as price action tightens. Price has moved to $34.64 (1.17%) amidst recent volatility. Price action has carved out a classic Bearish Flag. Volume is average (0.72x avg) with moderate trend strength (18.0). A potential breakout level is identified at $33.48, targeting $26.79 with support near $34.74 (R:R 5.31).
What is your outlook on UDR?