UR-ENERGY INC (URG) Technical Analysis
NYSEARCA:URG • CA91688R1082
Current stock price
URG Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to URG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, URG 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 URG is one of the better performing stocks in the market, outperforming 91% of all stocks.
- URG is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry. URG outperforms 79% of them.
- In the last month URG has a been trading in the 1.34 - 1.75 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- URG has an average volume of 7759830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- URG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so URG is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
URG Weekly and Daily overview Charts
URG Setup Rating and Analysis
URG has an excellent technical rating, but the quality of the setup is only medium 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
3 important support areas can be observed.
- A support zone ranging from 1.54 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.36 to 1.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.16 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.72 from a horizontal line in the daily time frame.
- Resistance @1.80 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.92 to 1.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for URG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for URG is up. |
| ChartMill Relative Strength | 91.46 | POSITIVE | URG has a high relative strength, it outperformed 91.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of URG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of URG is above 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) | 61.34 | NEUTRAL | The RSI value for URG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests URG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.49 | OVERBOUGHT | The high Stochastics value suggests URG may be overbought. |
| Average True Range in percent/ATR (20) | 5.7 | HIGH VOLATILITY | The high ATR as a percentage value for URG suggests high volalility. |
| Average Directional Index/ADX (14) | 11.98 | NEGATIVE | The low ADX value for URG suggests a weak or negative trend. |
URG Chart- and CandleStick Pattern Analysis
URG Example Setup
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 | 1.53 | 0.20 (11.56%) | 8.65% |
| An entry @1.73. This is a Buy Stop order right above the resistance zone. | An exit @1.53. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.20 points, which is 11.56%. | For a 1.00% total portfolio risk, you can invest 8.65% of your capital in this trade. |
- 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.
URG Technicals: Chart, Performance Metrics, Trend & Indicators
1.7
-0.01 (-0.58%)
UR-ENERGY INC / URG TA FAQ
What is the technical rating for URG stock?
ChartMill assigns a technical rating of 9 / 10 to URG.
What is the trend direction for URG stock?
The current trend direction for UR-ENERGY INC (URG) is Bullish.
Can you provide the RSI signal for UR-ENERGY INC?
UR-ENERGY INC (URG) has an RSI value of 61.3371. 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 0.0267155, indicating a bearish trend.
What is the short term momentum for URG stock?
The short term momentum for UR-ENERGY INC (URG) is positive.