Uranium Participation CO (U.CA) Stock Technical Analysis
Canada - TSX:U -
Overall U gets a technical rating of 6 out of 10. In the last year, U was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
U 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 14.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.46, a Stop Loss order could be placed below this zone.
More info and screens
12.71
3 important support areas can be observed.
- A support zone ranging from 13.43 to 13.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.05 from a horizontal line in the daily time frame.
- Support @12.84 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 14.01 to 14.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.59 to 14.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.13 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 15.45 to 15.53. This zone is formed by a combination of multiple trend lines 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 U.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for U.CA is down. |
| ChartMill Relative Strength | 96.88 | POSITIVE | U.CA has a high relative strength, it outperformed 96.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of U.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of U.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of U.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.32 | NEUTRAL | The RSI value for U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests U.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.08 | NEUTRAL | The Stochastics value for U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for U.CA suggests some volalility. |
TSX:U (2/18/2022, 7:00:00 PM)
13.98
+0.01 (+0.07%)
Uranium Participation CO / U.CA FAQ
What is the technical rating for U stock?
ChartMill assigns a technical rating of 5 / 10 to U.CA.
What is the current trend direction of Uranium Participation CO (U.CA) stock?
The current trend direction for Uranium Participation CO (U.CA) is Bullish.
What is the RSI signal for Uranium Participation CO (U.CA) stock?
Uranium Participation CO (U.CA) has an RSI value of 47.3163. This indicates that the stock is currently neutral.
What is the MACD signal for U stock?
The MACD indicator for Uranium Participation CO (U.CA) has a value of 0.00299395, indicating a bearish trend.
What are the support and resistance levels for Uranium Participation CO (U.CA) stock?
Uranium Participation CO (U.CA) has a support level at 13.46 and a resistance level at 14.01. Check the full technical report for our detailed analysis of U.CA support and resistance levels.