CONSOLIDATED URANIUM INC (CUR.CA) Stock Technical Analysis
TSX-V:CUR - TSX Venture Exchange - CA21024C1014 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to CUR. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about 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 77% of 808 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 has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
1.70
2.21
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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 worst case loss on the trade is limited to 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.
TSX-V:CUR (12/8/2023, 7:00:00 PM)
1.93
+0.05 (+2.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.66%
1 Week-0.77%
2 Weeks-4.46%
1 Month17.68%
3 Month22.15%
6 Month40.88%
12 Month28.67%
2 Year-32.75%
3 Year40.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%5.51%
ATR Inc-40.64%
Range Today0.05
ADR(20)0.1
ADR(20)%5.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.53
Mansfield1.42
10 Day High2.05
10 Day Low1.78
20 Day High2.06
20 Day Low1.63
52 Week High2.2
52 Week Low1.1
CS1 End1.92
CR1 Start2.03
Volume & EV
DER(3)6.36%
DER(5)5.1%
Volume220.64K
Volume Incr83.57%
Vol(5)272.73K
Vol(50)169.43K