Under Armour closed at $9.05 (down 0.44%) and added one more to its 5th straight day of losses

The US stock market is closed for the Good Friday holiday and resumes Monday. Meanwhile, here is a recap of yesterday: the footwear and apparel maker has recovered almost all of its session losses after dipping down to $8.84 yesterday.

Non Farm Payrolls data from United States will be released today at 12:30 UTC with analysts expecting a decline to 239,000. Potentially significant price fluctuations in Under Armour are expected to follow.

United States Initial Jobless Claims fell short of the 200,000 projections, with new data of 228,000.

Meanwhile, United States Reserve Balances with Federal Reserve Banks released yesterday at 20:30 UTC with a figure of 3.38 trillion, while the previous figure was 3.40 trillion. Fresh Fed's Balance Sheet data from United States came out at 8.63 trillion.

Under Armour Inc made an initial break below its 21 day Simple Moving Average at $8.92, a possible indication of a forthcoming negative trend. Despite this, although Under Armour is down today and was as low as $8.84, it seems to be recovering slightly and climbing away from the $8.89 support line and is now 16 cents above it.

Several technical indicators are adding weight to the bearish momentum seen yesterday and forecasting Under Armour to extend its recent losses.

Under Armour was not the only decliner in the consumer discretionary sector; Toyota slumps 1.1% yesterday to close at $140.42.

On the other hand, positive performances could be seen by looking at other consumer discretionary stocks as Alibaba was up 4.25%. Amazon traded at $102.06 after closing yesterday's trading day at $101.1 (up 0.95%).

With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as as things stand, upcoming United States Non Farm Payrolls data is projected to fall short of market expectations with newly published data of 239,000, following on from the preceding figure of 311,000. New data is set to be published today at 12:30 UTC.

Furthermore, United States Unemployment Rate figure is projected at 3.6. It previously stood at 3.6; data will be released today at 12:30 UTC.

11 months ago the sports equipment company reached a significant high of $16.72 but has consequently lost 45.63% since then.