URANIUM ENERGY CORP (UEC) 2.84 +0.02 (+0.71%)
2.84 +0.02 (+0.71%)
US9168961038 - Common Stock - Premarket: 2.88 +0.04 (+1.41%)
Technical Rating
We assign a technical rating of 0 out of 10 to UEC. UEC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
UEC has an average volume of 8683540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month UEC has a been trading in the 2.36 - 3.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, UEC is a bad performer in the overall market: 87% of all stocks are doing better.
UEC is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 81% of 384 stocks in the same industry do better.
UEC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Statistics
Support/Resistance Analysis
2.68
4.34
We found 1 important support area.
- A support zone ranging from 2.71 to 2.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @3.16 from a trend line in the daily time frame.
- A resistance zone ranging from 3.26 to 3.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.90 from a trend line in the weekly time frame.
- Resistance @4.12 from a horizontal line in the daily time frame.
- Resistance @4.30 from a horizontal line in the daily time frame.
Setup Analysis
Setup Rating
The technical rating of UEC is bad and it also does not present a 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.
URANIUM ENERGY CORP2.84
NYSEARCA:UEC (3/28/2023, 7:04:00 PM)+0.02 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
Today0.71%
1 Week-14.71%
2 Weeks-13.94%
1 Month-23.24%
3 Month-26.8%
6 Month-18.86%
Volatility
ATR(14)0.21
ATR(20)%6.88%
ATR Inc-44.83%
Range Today0.12
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.06
Mansfield-2.57
10 Day High3.39
10 Day Low2.36
20 Day High3.77
20 Day Low2.36
52 Week High6.6
52 Week Low2.36
CS1 End2.72
CR1 Start3.16
Volume & EV
DER(3)7.69%
DER(5)4.27%
Volume7.15M
Volume Incr112.99%
Vol(5)15.92M
Vol(50)8.68M
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