Uber Technologies (UBER Quick QuoteUBER - Free Report) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, UBER crossed above the 200-day moving average, suggesting a long-term bullish trend.

The 200-day simple moving average helps traders and analysts determine overall long-term market trends for stocks, commodities, indexes, and other financial instruments. The indicator moves higher or lower along with longer-term price moves, serving as a support or resistance level.

Over the past four weeks, UBER has gained 12.1%. The company is currently ranked a Zacks Rank #3 (Hold), another strong indication the stock could move even higher.

Looking at UBER's earnings estimate revisions, investors will be even more convinced of the bullish uptrend. There have been 11 higher compared to none lower for the current fiscal year, and the consensus estimate has moved up as well.

Investors may want to watch UBER for more gains in the near future given the company's key technical level and positive earnings estimate revisions.