Taking everything into account, UEC scores 4 out of 10 in our technical rating. In the last year, UEC was one of the better performers, but we do observe some doubts in the very recent evolution.
Although the technical rating is only medium, UEC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.11. Right above this resistance zone may be a good entry point.
More info and screens
4.22
We found 4 important support areas.
- Support @11.16 from a trend line in the daily time frame.
- A support zone ranging from 10.89 to 10.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.05 from a trend line in the daily time frame.
- Support @4.26 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.11 to 12.28. This zone is formed by a combination of multiple trend lines and important moving averages 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 UEC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UEC is down. |
| ChartMill Relative Strength | 86.72 | POSITIVE | UEC has a high relative strength, it outperformed 86.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UEC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UEC is below 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) | 44.14 | NEUTRAL | The RSI value for UEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests UEC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.47 | NEUTRAL | The Stochastics value for UEC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.78 | HIGH VOLATILITY | The high ATR as a percentage value for UEC suggests high volalility. |
| Average Directional Index/ADX (14) | 18.98 | NEGATIVE | The low ADX value for UEC suggests a weak or negative trend. |
11.76
-0.51 (-4.16%)
URANIUM ENERGY CORP / UEC FAQ
What is the technical rating for UEC stock?
ChartMill assigns a technical rating of 4 / 10 to UEC.
Can you provide the trend direction for URANIUM ENERGY CORP?
The current trend direction for URANIUM ENERGY CORP (UEC) is Bullish.
Can you provide the RSI signal for URANIUM ENERGY CORP?
URANIUM ENERGY CORP (UEC) has an RSI value of 44.1425. This indicates that the stock is currently neutral.
What is the MACD signal for URANIUM ENERGY CORP (UEC) stock?
The MACD indicator for URANIUM ENERGY CORP (UEC) has a value of 0.0564477, indicating a bearish trend.
What is the support and resistance level for UEC stock?
URANIUM ENERGY CORP (UEC) has a support level at 11.16 and a resistance level at 12.11. Check the full technical report for our detailed analysis of UEC support and resistance levels.