Dmytro Kharkov

Uber announces Muse users can request Uber Courier after stock ends session up 3.7%

Uber announces Muse users can request Uber Courier after stock ends session up 3.7%
Uber stock rises 3.7% to $71.17

Uber Technologies, Inc. revealed a new integration, allowing users of Meta's Muse to arrange Uber Courier deliveries directly from a chat interface. The stock is up 3.7% on the day at $71.17.

UBER price prediction
24H 0.19%
$69.82
48H 0%
$69.69
7D 0.14%
$69.79
1M -3%
$67.6
3M -19.39%
$56.18
6M -30.23%
$48.62
12M -33.95%
$46.03
Current price: $69.69 0.5750 0.83%
Closed 11/13
Daily range 69.06 Arrow from to Icon 70.42
Weekly range 68.93 Arrow from to Icon 71.26
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Highlights

  • Uber users can now request courier deliveries directly through Meta's Muse chat interface with real-time pricing and booking approval.
  • Uber stock is up 3.7% on the day at $71.17 with a market value near $145.32 billion.
  • 170 of 203 analysts rate Uber stock a buy with a median price target of $100.5, 41.2% above current levels.

Uber announced that users of Muse, a product developed by Meta, are now able to request an Uber Courier delivery directly within a chat interface. The integration allows users to view the price and approve the booking in real time. Uber manages the courier pickup once the booking is confirmed.

Overbought momentum limits gains as price holds above short-term averages

Price reclaimed the MA-50 at $69.99 during the session after previously closing below it. Shares of Uber are moving within a split daily structure, sitting below the MA-200 but above both the MA-20 and MA-50. Stoch RSI is in overbought territory, which limits room for further upside from current levels.

Upside odds lead for the week as traders await a close above resistance

To determine if the recent event is influencing price action, traders should watch for a close above $72.44 to confirm buyers are following through, or a drop below $69.99 to show the move is being faded. The price regained the MA-50 at $69.99 during the session after having closed below that level. Even so, for the coming trading week there is a 61% probability of further upside and a 39% chance of a downside move, with Uber expected to trade between $68.3 and $74.03. The sharp move higher in the past week has not established a sustained trend. On the weekly chart the longer-term picture stays negative.

Previously it was reported that analysts expected Uber shares to remain range-bound with a bearish bias amid technical consolidation. The recent breakout above key moving averages adds a new dimension to the outlook, and traders should monitor whether a close above $72.44 can establish further upside momentum.

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