VANECK URANI & NUCLR ETF-USD (NLR) Stock Technical Analysis
NYSEARCA:NLR - NYSE Arca - US92189F6016 - ETF - Currency: USD
Overall NLR gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NLR is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
NLR is one of the better performing stocks in the Automobile Components industry, it outperforms 85% of 81 stocks in the same industry.
NLR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NLR is leading the market.
In the last month NLR has a been trading in the 77.43 - 97.66 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that NLR is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NLR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
66.61
97.94
4 important support areas can be observed.
- A support zone ranging from 96.64 to 96.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 87.67 to 88.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @69.77 from a horizontal line in the weekly time frame.
- Support @67.28 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 96.97 to 96.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 NLR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NLR is up. |
| ChartMill Relative Strength | 85.73 | POSITIVE | NLR has a high relative strength, it outperformed 85.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NLR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NLR is above the rising 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) | 83.22 | OVERBOUGHT | The high RSI value suggests NLR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests NLR has a positive trend. |
| Stochastics (14,3) | 87.37 | OVERBOUGHT | The high Stochastics value suggests NLR may be overbought. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for NLR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.63 | POSITIVE | The high ADX value value for NLR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
96.96
+8.77 (+9.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg9.94%
1 Week10.12%
2 Weeks14.77%
1 Month24.34%
3 Month15.86%
6 Month0.66%
12 Month11.82%
2 Year77.45%
3 Year71.3%
5 Year117.84%
10 Year92.42%
15 Year64.9%
Volatility
ATR(14)2.58
ATR(20)%2.44%
ATR Inc193.62%
Range Today5.41
ADR(20)1.99
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.73
Mansfield1.47
10 Day High97.66
10 Day Low84.57
20 Day High97.66
20 Day Low77.43
52 Week High97.89
52 Week Low64.26
CS1 End96.95
CR1 Start96.97
Volume & EV
DER(3)1.22%
DER(5)-0.62%
Volume898.50K
Volume Incr170.27%
Vol(5)283.12K
Vol(50)163.86K