GLOBAL X URANIUM ETF (URA) Stock Technical Analysis
NYSEARCA:URA - NYSE Arca - US37954Y8710 - ETF - Currency: USD
We assign a technical rating of 9 out of 10 to URA. Both in the recent history as in the last year, URA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
URA is currently trading near its 52 week high, which is a good sign. 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 31.52 - 39.30 range, which is quite wide. It is currently trading near the high of this range.
URA has an average volume of 3600870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, URA did better than 93% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
URA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
36.39
39.11
We found 1 important support area.
- Support @36.76 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @38.72 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 | 93.38 | POSITIVE | URA has a high relative strength, it outperformed 93.38% 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) | 68.08 | NEUTRAL | The RSI value for URA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests URA has a negative trend. |
| Stochastics (14,3) | 81.98 | OVERBOUGHT | The high Stochastics value suggests URA may be overbought. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for URA suggests some volalility. |
| Average Directional Index/ADX (14) | 49.17 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 38.73 | 36.75 | 1.98 (5.11%) | 19.56% |
| An entry @38.73. This is a Buy Stop order right above the resistance zone. | An exit @36.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.98 points, which is 5.11%. | For a 1.00% total portfolio risk, you can invest 19.56% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of URA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
38.07
-0.64 (-1.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.65%
1 Week3.54%
2 Weeks5.72%
1 Month18.01%
3 Month64.81%
6 Month35.48%
12 Month31.5%
2 Year75.44%
3 Year105.12%
5 Year250.88%
10 Year106.45%
15 YearN/A
Volatility
ATR(14)1.47
ATR(20)%3.34%
ATR Inc1.96%
Range Today1.56
ADR(20)1.1
ADR(20)%2.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.38
Mansfield2.58
10 Day High39.3
10 Day Low35.17
20 Day High39.3
20 Day Low31.52
52 Week High39.3
52 Week Low19.5
CS1 End36.76
CR1 Start38.72
Volume & EV
DER(3)-2.97%
DER(5)-0.68%
Volume2.99M
Volume Incr-33.49%
Vol(5)3.26M
Vol(50)3.60M