GLOBAL X URANIUM ETF (URA) Stock Technical Analysis
USA - NYSEARCA:URA - US37954Y8710 - ETF
51.87 USD
+0.38 (+0.74%)
51.7 USD
-0.17 (-0.33%)
Taking everything into account, URA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, URA is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that URA is one of the better performing stocks in the market, outperforming 92% of all stocks.
URA is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month URA has a been trading in the 42.09 - 55.44 range, which is quite wide. It is currently trading near the high of this range.
URA has an average volume of 4325330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although URA has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
36.36
52.39
When analyzing the support we can see 4 important areas.
- A support zone ranging from 50.12 to 50.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 47.66 to 48.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.79 from a trend line in the daily time frame.
- Support @36.73 from a horizontal line 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 URA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for URA is up. |
| ChartMill Relative Strength | 92.8 | POSITIVE | URA has a high relative strength, it outperformed 92.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of URA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of URA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of URA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.94 | NEUTRAL | The RSI value for URA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests URA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.48 | NEUTRAL | The Stochastics value for URA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for URA suggests some volalility. |
| Average Directional Index/ADX (14) | 39.89 | POSITIVE | The high ADX value value for URA 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)
51.87
+0.38 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.74%
1 Week4.58%
2 Weeks7.15%
1 Month23.35%
3 Month38.28%
6 Month129.01%
12 Month72.9%
2 Year93.26%
3 Year156.78%
5 Year379.83%
10 Year250%
15 YearN/A
Volatility
ATR(14)2.19
ATR(20)%4.47%
ATR Inc30.52%
Range Today3.93
ADR(20)2.27
ADR(20)%4.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.8
Mansfield4.68
10 Day High55.44
10 Day Low47.66
20 Day High55.44
20 Day Low42.1
52 Week High55.44
52 Week Low19.5
CS1 End50.88
CR1 StartN/A
Volume & EV
DER(3)1.95%
DER(5)2.87%
Volume10.39M
Volume Incr30.86%
Vol(5)6.42M
Vol(50)4.33M