Overall UEC gets a technical rating of 8 out of 10. Both in the recent history as in the last year, UEC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although UEC has an excellent technical rating, it 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.
11.84
When analyzing the support we can see 3 important areas.
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 UEC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UEC is up. |
| ChartMill Relative Strength | 93.28 | POSITIVE | UEC has a high relative strength, it outperformed 93.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UEC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of UEC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UEC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.68 | NEUTRAL | The RSI value for UEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests UEC has a positive trend. |
| Stochastics (14,3) | 88.64 | OVERBOUGHT | The high Stochastics value suggests UEC may be overbought. |
| Average True Range in percent/ATR (20) | 6.38 | HIGH VOLATILITY | The high ATR as a percentage value for UEC suggests high volalility. |
| Average Directional Index/ADX (14) | 19.17 | NEGATIVE | The low ADX value for UEC suggests a weak or negative trend. |
14.76
+0.19 (+1.3%)
ChartMill assigns a technical rating of 8 / 10 to UEC.
The current trend direction for URANIUM ENERGY CORP (UEC) is Bullish.
URANIUM ENERGY CORP (UEC) has an RSI value of 64.6825. This indicates that the stock is currently neutral.
The MACD indicator for URANIUM ENERGY CORP (UEC) has a value of 0.294054, indicating a bearish trend.
The short term momentum for URANIUM ENERGY CORP (UEC) is positive.