CENTRUS ENERGY CORP-CLASS A (LEU) Stock Technical Analysis
USA - NYSEARCA:LEU - US15643U1043 - Common Stock
Taking everything into account, LEU scores 7 out of 10 in our technical rating. In the last year, LEU was one of the better performers, but we do observe some doubts in the very recent evolution.
Although LEU has an excellent technical rating, it does not present a decent entry opportunity 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.
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166.96
3 important support areas can be observed.
- Support @277.77 from a horizontal line in the daily time frame.
- Support @237.97 from a trend line in the daily time frame.
- Support @168.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 359.19 to 364.02. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for LEU is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LEU is down. |
| ChartMill Relative Strength | 97.64 | POSITIVE | LEU has a high relative strength, it outperformed 97.64% 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) | UP | MIXED | The current price of LEU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LEU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.52 | NEUTRAL | The RSI value for LEU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -14.06 | NEGATIVE | The MACD value suggests LEU has a negative trend. |
| Stochastics (14,3) | 20.83 | NEUTRAL | The Stochastics value for LEU is a neutral value. |
| Average True Range in percent/ATR (20) | 14.93 | HIGH VOLATILITY | The high ATR as a percentage value for LEU suggests high volalility. |
| Average Directional Index/ADX (14) | 26.62 | POSITIVE | The high ADX value value for LEU suggests a strong trend. |
294.16
+16.38 (+5.9%)
CENTRUS ENERGY CORP-CLASS A / LEU FAQ
What is the technical rating for LEU stock?
ChartMill assigns a technical rating of 7 / 10 to LEU.
What is the current trend direction of CENTRUS ENERGY CORP-CLASS A (LEU) stock?
The current trend direction for CENTRUS ENERGY CORP-CLASS A (LEU) is Bullish.
What is the RSI signal for LEU stock?
CENTRUS ENERGY CORP-CLASS A (LEU) has an RSI value of 41.5248. This indicates that the stock is currently neutral.
What is the short term momentum for LEU stock?
The short term momentum for CENTRUS ENERGY CORP-CLASS A (LEU) is negative.
What are the support and resistance levels for CENTRUS ENERGY CORP-CLASS A (LEU) stock?
CENTRUS ENERGY CORP-CLASS A (LEU) has a support level at 277.77 and a resistance level at 359.19. Check the full technical report for our detailed analysis of LEU support and resistance levels.