CENTRUS ENERGY CORP-CLASS A (LEU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LEU - US15643U1043 - Common Stock
Taking everything into account, LEU scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LEU is showing a nice and steady performance.
Although LEU has an excellent technical rating, it does not offer a high quality setup 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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232.97
3 important support areas can be observed.
- A support zone ranging from 274.12 to 279.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @257.21 from a trend line in the daily time frame.
- Support @235.32 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @322.98 from a horizontal 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 | UP | POSITIVE | The long term trend for LEU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LEU is up. |
| ChartMill Relative Strength | 98.55 | POSITIVE | LEU has a high relative strength, it outperformed 98.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LEU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LEU is above a declining 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) | 59.07 | NEUTRAL | The RSI value for LEU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 7.59 | POSITIVE | The MACD value suggests LEU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.96 | NEUTRAL | The Stochastics value for LEU is a neutral value. |
| Average True Range in percent/ATR (20) | 7.19 | HIGH VOLATILITY | The high ATR as a percentage value for LEU suggests high volalility. |
| Average Directional Index/ADX (14) | 18.74 | NEGATIVE | The low ADX value for LEU suggests a weak or negative trend. |
306.19
+19.94 (+6.97%)
CENTRUS ENERGY CORP-CLASS A / LEU FAQ
What is the technical rating for LEU stock?
ChartMill assigns a technical rating of 8 / 10 to LEU.
What is the trend direction for 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 59.0749. 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 positive.
What is the support and resistance level for LEU stock?
CENTRUS ENERGY CORP-CLASS A (LEU) has a support level at 279.35 and a resistance level at 322.98. Check the full technical report for our detailed analysis of LEU support and resistance levels.