CONSOLIDATED URANIUM INC (CUR.CA) Technical Analysis
TSX-V:CUR • CA21024C1014
Current stock price
CUR.CA Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to CUR. In the last year, CUR was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that CUR is one of the better performing stocks in the market, outperforming 90% of all stocks.
- CUR is one of the better performing stocks in the Metals & Mining industry, it outperforms 74% of 795 stocks in the same industry.
- CUR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CUR is performing more or less in line with the market.
- In the last month CUR has a been trading in the 1.63 - 2.06 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Volume is considerably higher in the last couple of days.
CUR.CA Weekly and Daily overview Charts
CUR.CA Setup Rating and Analysis
CUR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.03. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CUR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CUR.CA Support and Resistance Analysis
1.70
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.91 to 1.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.86 to 1.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.78 from a horizontal line in the daily time frame.
- A support zone ranging from 1.72 to 1.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.03 to 2.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.11 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.19 to 2.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
CUR.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CUR.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CUR.CA is neutral. |
| ChartMill Relative Strength | 90.53 | POSITIVE | CUR.CA has a high relative strength, it outperformed 90.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CUR.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CUR.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CUR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.18 | NEUTRAL | The RSI value for CUR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CUR.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.05 | NEUTRAL | The Stochastics value for CUR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for CUR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.69 | NEGATIVE | The low ADX value for CUR.CA suggests a weak or negative trend. |
CUR.CA Chart- and CandleStick Pattern Analysis
CUR.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.05 | 1.90 | 0.15 (7.32%) | 13.67% |
| An entry @2.05. This is a Buy Stop order right above the resistance zone. | An exit @1.90. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 7.32%. | For a 1.00% total portfolio risk, you can invest 13.67% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CUR.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:CUR (12/8/2023, 7:00:00 PM)
1.93
+0.05 (+2.66%)
CONSOLIDATED URANIUM INC / CUR.CA TA FAQ
What is the technical rating for CUR stock?
ChartMill assigns a technical rating of 7 / 10 to CUR.CA.
Can you provide the trend direction for CONSOLIDATED URANIUM INC?
The current trend direction for CONSOLIDATED URANIUM INC (CUR.CA) is Bullish.
What is the RSI signal for CONSOLIDATED URANIUM INC (CUR.CA) stock?
CONSOLIDATED URANIUM INC (CUR.CA) has an RSI value of 52.1824. This indicates that the stock is currently neutral.
What are the support and resistance levels for CONSOLIDATED URANIUM INC (CUR.CA) stock?
CONSOLIDATED URANIUM INC (CUR.CA) has a support level at 1.92 and a resistance level at 2.03. Check the full technical report for our detailed analysis of CUR.CA support and resistance levels.