UR-ENERGY INC (URG) Technical Analysis
NYSEARCA:URG • CA91688R1082
Current stock price
URG Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to URG. Although URG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month URG has a been trading in the 1.29 - 1.78 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- URG has an average volume of 9209580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Looking at the yearly performance, URG did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- URG is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 40% of 208 stocks in the same industry.
- URG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so URG is lagging the market slightly.
URG Weekly and Daily overview Charts
URG Setup Rating and Analysis
The technical rating of URG 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
URG Support and Resistance Analysis
1.15
We found 2 important support areas.
- Support @1.26 from a trend line in the daily time frame.
- A support zone ranging from 1.16 to 1.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.54 to 1.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.59 from a trend line in the daily time frame.
- Resistance @1.83 from a trend line in the weekly time frame.
URG Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for URG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for URG is down. |
| ChartMill Relative Strength | 81.16 | POSITIVE | URG has a high relative strength, it outperformed 81.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of URG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of URG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of URG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.82 | NEUTRAL | The RSI value for URG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests URG has a negative trend. |
| Stochastics (14,3) | 16.64 | OVERSOLD | The low Stochastics value suggests URG may be oversold. |
| Average True Range in percent/ATR (20) | 8.97 | HIGH VOLATILITY | The high ATR as a percentage value for URG suggests high volalility. |
| Average Directional Index/ADX (14) | 16.23 | NEGATIVE | The low ADX value for URG suggests a weak or negative trend. |
URG Chart- and CandleStick Pattern Analysis
URG Technicals: Chart, Performance Metrics, Trend & Indicators
1.32
-0.06 (-4.35%)
UR-ENERGY INC / URG TA FAQ
What is the technical rating for URG stock?
ChartMill assigns a technical rating of 2 / 10 to URG.
What is the trend direction for URG stock?
The current trend direction for UR-ENERGY INC (URG) is Bearish.
What is the RSI signal for UR-ENERGY INC (URG) stock?
UR-ENERGY INC (URG) has an RSI value of 33.8208. This indicates that the stock is currently neutral.
What is the short term momentum for URG stock?
The short term momentum for UR-ENERGY INC (URG) is negative.