VANECK URANI & NUCLR ETF-USD (NLR) Technical Analysis
NYSEARCA:NLR • US92189F6016
Current stock price
NLR Technical Rating and Analysis
Taking everything into account, NLR scores 4 out of 10 in our technical rating. Although NLR 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.
- When comparing the yearly performance of all stocks, we notice that NLR is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, NLR also shows a nice and consistent pattern of rising prices.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- NLR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NLR is lagging the market slightly.
- In the last month NLR has a been trading in the 125.78 - 146.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
NLR Weekly and Daily overview Charts
NLR Setup Rating and Analysis
NLR has only a medium technical rating, but it does show 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 134.97. Right above this resistance zone may be a good entry point.
More info and screens
NLR Support and Resistance Analysis
69.07
We found 5 important support areas.
- A support zone ranging from 131.43 to 132.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 127.05 to 127.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @123.87 from a horizontal line in the daily time frame.
- Support @120.95 from a horizontal line in the daily time frame.
- Support @69.77 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 134.97 to 136.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 142.33 to 142.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 152.80 to 155.10. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @163.09 from a horizontal line in the daily time frame.
NLR Technical Indicator Signal Analysis
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 NLR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NLR is down. |
| ChartMill Relative Strength | 87.19 | POSITIVE | NLR has a high relative strength, it outperformed 87.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NLR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NLR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NLR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.92 | NEUTRAL | The RSI value for NLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests NLR has a positive trend. |
| Stochastics (14,3) | 51.34 | NEUTRAL | The Stochastics value for NLR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for NLR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.33 | NEUTRAL | The ADX value for NLR suggests a possible start of a new trend. |
NLR Chart- and CandleStick Pattern Analysis
NLR Technicals: Chart, Performance Metrics, Trend & Indicators
133.4
-0.27 (-0.2%)
VANECK URANI & NUCLR ETF-USD / NLR TA FAQ
Can you provide the ChartMill technical rating for VANECK URANI & NUCLR ETF-USD?
ChartMill assigns a technical rating of 4 / 10 to NLR.
What is the current trend direction of VANECK URANI & NUCLR ETF-USD (NLR) stock?
The current trend direction for VANECK URANI & NUCLR ETF-USD (NLR) is Bearish.
What is the RSI signal for VANECK URANI & NUCLR ETF-USD (NLR) stock?
VANECK URANI & NUCLR ETF-USD (NLR) has an RSI value of 45.9177. This indicates that the stock is currently neutral.
What are the support and resistance levels for VANECK URANI & NUCLR ETF-USD (NLR) stock?
VANECK URANI & NUCLR ETF-USD (NLR) has a support level at 132.3 and a resistance level at 134.97. Check the full technical report for our detailed analysis of NLR support and resistance levels.