GLOBAL X URANIUM INDEX ETF (HURA.CA) Stock Technical Analysis
TSX:HURA - Toronto Stock Exchange - CA37963R1073 - ETF - Currency: CAD
We assign a technical rating of 8 out of 10 to HURA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HURA is only an average performer.
Warning: HURA has an average volume of 8574 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
HURA 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 HURA is performing more or less in line with the market.
HURA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the performance of all stocks over the past year, HURA turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
HURA 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 37.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.37, a Stop Loss order could be placed below this zone.
More info and screens
35.10
42.43
2 important support areas can be observed.
- A support zone ranging from 36.78 to 37.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.45 to 35.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- Resistance @37.45 from a trend line in the daily time frame.
- Resistance @38.51 from a horizontal line in the daily time frame.
- A resistance zone ranging from 41.30 to 42.01. 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 HURA.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HURA.CA is up. |
| ChartMill Relative Strength | 67.83 | NEUTRAL | HURA.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HURA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HURA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HURA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.25 | OVERBOUGHT | The high RSI value suggests HURA.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HURA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.19 | OVERBOUGHT | The high Stochastics value suggests HURA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for HURA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.22 | POSITIVE | The high ADX value value for HURA.CA suggests a strong 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 |
|---|---|---|---|
| 37.46 | 36.77 | 0.69 (1.84%) | 25.00% |
| An entry @37.46. This is a Buy Stop order right above the resistance zone. | An exit @36.77. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.69 points, which is 1.84%. | For a 0.46% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HURA. Please evaluate whether better entry and exit points can be found.
- 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:HURA (6/6/2025, 7:00:00 PM)
37.38
+0.56 (+1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.52%
1 Week3.69%
2 Weeks3.98%
1 Month19.69%
3 Month26.93%
6 Month-8.31%
12 Month-4.45%
2 Year62.73%
3 Year110.45%
5 Year342.19%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%2.35%
ATR Inc-52%
Range Today0.6
ADR(20)0.68
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.83
Mansfield0.32
10 Day High37.99
10 Day Low35.57
20 Day High37.99
20 Day Low31.1
52 Week High42.02
52 Week Low24.16
CS1 End37.37
CR1 Start37.45
Volume & EV
DER(3)-2.89%
DER(5)2.87%
Volume8.77K
Volume Incr-21.66%
Vol(5)5.41K
Vol(50)8.57K