CENTRUS ENERGY CORP-CLASS A (LEU) Stock Technical Analysis
NYSE:LEU • US15643U1043
We assign a technical rating of 4 out of 10 to LEU. 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.
- In the last month LEU has a been trading in the 183.45 - 339.71 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, LEU did better than 90% of all other stocks. On top of that, LEU also shows a nice and consistent pattern of rising prices.
- LEU is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 84% of 206 stocks in the same industry.
- LEU has an average volume of 1222940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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.
LEU has an average technical rating and it also 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.
More info and screens
183.34
We found 2 important support areas.
- Support @199.18 from a horizontal line in the weekly time frame.
- A support zone ranging from 185.19 to 187.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- Resistance @208.89 from a horizontal line in the daily time frame.
- Resistance @309.38 from a trend line in the weekly time frame.
- Resistance @315.62 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 | NEUTRAL | NEUTRAL | The long term trend for LEU is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LEU is down. |
| ChartMill Relative Strength | 90.58 | POSITIVE | LEU has a high relative strength, it outperformed 90.58% 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) | 38.2 | NEUTRAL | The RSI value for LEU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.31 | NEGATIVE | The MACD value suggests LEU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.18 | OVERSOLD | The low Stochastics value suggests LEU may be oversold. |
| Average True Range in percent/ATR (20) | 13.43 | HIGH VOLATILITY | The high ATR as a percentage value for LEU suggests high volalility. |
| Average Directional Index/ADX (14) | 25.22 | POSITIVE | The high ADX value value for LEU suggests a strong trend. |
203.73
-5.15 (-2.47%)
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 38.195. 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 199.18 and a resistance level at 208.89. Check the full technical report for our detailed analysis of LEU support and resistance levels.