UR-ENERGY INC (URG) Stock Technical Analysis
USA - NYSEARCA:URG - CA91688R1082 - Common Stock
Taking everything into account, URG scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, URG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for URG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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1.46
3 important support areas can be observed.
- A support zone ranging from 1.59 to 1.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.53 from a horizontal line in the daily time frame.
- Support @1.47 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.72 to 1.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.01 from a horizontal line in the weekly 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 URG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for URG is neutral. |
| ChartMill Relative Strength | 88.76 | POSITIVE | URG has a high relative strength, it outperformed 88.76% 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) | UP | MIXED | The current price of URG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of URG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.19 | 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) | 25.19 | NEUTRAL | The Stochastics value for URG is a neutral value. |
| Average True Range in percent/ATR (20) | 9.21 | HIGH VOLATILITY | The high ATR as a percentage value for URG suggests high volalility. |
| Average Directional Index/ADX (14) | 24.58 | NEUTRAL | The ADX value for URG suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 1.73 | 1.58 | 0.15 (8.67%) | 11.53% |
| An entry @1.73. This is a Buy Stop order right above the resistance zone. | An exit @1.58. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 8.67%. | For a 1.00% total portfolio risk, you can invest 11.53% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of URG. 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.
1.61
-0.11 (-6.4%)
UR-ENERGY INC / URG FAQ
What is the technical rating for URG stock?
ChartMill assigns a technical rating of 7 / 10 to URG.
Can you provide the trend direction for UR-ENERGY INC?
The current trend direction for UR-ENERGY INC (URG) is Bullish.
What is the RSI signal for UR-ENERGY INC (URG) stock?
UR-ENERGY INC (URG) has an RSI value of 45.1904. This indicates that the stock is currently neutral.
What is the MACD signal for URG stock?
The MACD indicator for UR-ENERGY INC (URG) has a value of -0.0157484, indicating a bearish trend.
Can you provide the short term momentum for UR-ENERGY INC?
The short term momentum for UR-ENERGY INC (URG) is neutral.