Defiance Daily Target 2x Long Uranium ETF (URAX) Stock Technical Analysis
NYSEARCA:URAX - NYSE Arca - US88636J1960 - ETF - Currency: USD
Taking everything into account, URAX scores 0 out of 10 in our technical rating. URAX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than URAX.
Warning: URAX has an average volume of 20130 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month URAX has a been trading in the 6.00 - 10.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of URAX 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.
More info and screens
7.86
12.50
We can see 2 important resistance areas.
- A resistance zone ranging from 7.95 to 8.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 12.23 to 12.38. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for URAX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for URAX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | URAX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of URAX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of URAX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of URAX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.33 | NEUTRAL | The RSI value for URAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests URAX has a positive trend. |
| Stochastics (14,3) | 61.63 | NEUTRAL | The Stochastics value for URAX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.02 | HIGH VOLATILITY | The high ATR as a percentage value for URAX suggests high volalility. |
| Average Directional Index/ADX (14) | 28.51 | POSITIVE | The high ADX value value for URAX 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)
Defiance Daily Target 2x Long Uranium ETF
NYSEARCA:URAX (4/16/2025, 8:04:00 PM)
7.94
+0.03 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.32%
1 Week4.52%
2 Weeks-6.04%
1 Month-21.07%
3 Month-39.98%
6 Month-59.53%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%9.02%
ATR Inc-37.83%
Range Today0.6
ADR(20)0.62
ADR(20)%7.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High8.35
10 Day Low6
20 Day High10.55
20 Day Low6
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start7.95
Volume & EV
DER(3)-20.82%
DER(5)-13.2%
Volume4.00K
Volume Incr-33.14%
Vol(5)14.16K
Vol(50)20.13K