CENTRUS ENERGY CORP-CLASS A (LEU) Stock Technical Analysis
NYSE:LEU • US15643U1043
Overall LEU gets a technical rating of 4 out of 10. Although LEU is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month LEU has a been trading in the 183.45 - 291.63 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that LEU is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by LEU over the past year are nicely spread over this period.
- LEU is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 87% of 207 stocks in the same industry.
- LEU has an average volume of 1186220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- LEU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LEU is lagging the market.
- Considerably lower volume is observed in the last couple of days.
LEU has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
188.85
2 important support areas can be observed.
- A support zone ranging from 199.18 to 201.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @190.76 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 208.00 to 210.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @300.71 from a trend line in the weekly time frame.
- Resistance @307.32 from a trend line in the daily time frame.
- Resistance @318.62 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for LEU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LEU is down. |
| ChartMill Relative Strength | 93.94 | POSITIVE | LEU has a high relative strength, it outperformed 93.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LEU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LEU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LEU is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.99 | NEUTRAL | The RSI value for LEU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests LEU has a positive trend. |
| Stochastics (14,3) | 25.4 | NEUTRAL | The Stochastics value for LEU is a neutral value. |
| Average True Range in percent/ATR (20) | 10.15 | HIGH VOLATILITY | The high ATR as a percentage value for LEU suggests high volalility. |
| Average Directional Index/ADX (14) | 25.18 | POSITIVE | The high ADX value value for LEU suggests a strong trend. |
207.99
+5.4 (+2.67%)
CENTRUS ENERGY CORP-CLASS A / LEU FAQ
What is the technical rating for LEU stock?
ChartMill assigns a technical rating of 4 / 10 to LEU.
What is the trend direction for LEU stock?
The current trend direction for CENTRUS ENERGY CORP-CLASS A (LEU) is Bearish.
What is the RSI signal for LEU stock?
CENTRUS ENERGY CORP-CLASS A (LEU) has an RSI value of 40.9924. This indicates that the stock is currently neutral.
What is the short term momentum for CENTRUS ENERGY CORP-CLASS A (LEU) stock?
The short term momentum for CENTRUS ENERGY CORP-CLASS A (LEU) is negative.
What is the support and resistance level for LEU stock?
CENTRUS ENERGY CORP-CLASS A (LEU) has a support level at 201.01 and a resistance level at 208. Check the full technical report for our detailed analysis of LEU support and resistance levels.