UR-ENERGY INC (URG) Stock Technical Analysis
NYSEARCA:URG - NYSE Arca - CA91688R1082 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to URG. Recently some decent action could be observed, but in the medium term time frame this is still negative. URG was also a bad performer in the overall market in the last year.
81% of all other stocks performed better in the past year than URG.
URG is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 66% are performing better than URG.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month URG has a been trading in the 0.67 - 1.03 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 4509630 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 has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.83, 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. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.74
1.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.80 to 0.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.75 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.97 to 0.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.99 from a horizontal line in the daily time frame.
- Resistance @1.16 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for URG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for URG is up. |
| ChartMill Relative Strength | 19.98 | NEGATIVE | URG has a low relative strength, it was outperformed by 80.02% 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) | DOWN | NEGATIVE | The current price of URG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.99 | NEUTRAL | The RSI value for URG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests URG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.53 | NEUTRAL | The Stochastics value for URG is a neutral value. |
| Average True Range in percent/ATR (20) | 8.23 | HIGH VOLATILITY | The high ATR as a percentage value for URG suggests high volalility. |
| Average Directional Index/ADX (14) | 23.93 | NEUTRAL | The ADX value for URG suggests a possible start of a new 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)
0.93
-0.03 (-3.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.12%
1 Week12.05%
2 Weeks10.1%
1 Month26.55%
3 Month14.8%
6 Month-23.77%
12 Month-37.16%
2 Year-11.43%
3 Year-12.26%
5 Year83.18%
10 Year17.72%
15 Year19.23%
Volatility
ATR(14)0.09
ATR(20)%8.23%
ATR Inc-42.46%
Range Today0.04
ADR(20)0.07
ADR(20)%7.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.98
Mansfield-1.74
10 Day High1.03
10 Day Low0.74
20 Day High1.03
20 Day Low0.67
52 Week High1.53
52 Week Low0.55
CS1 End0.83
CR1 Start0.97
Volume & EV
DER(3)9.03%
DER(5)10.66%
Volume7.72M
Volume Incr101.37%
Vol(5)9.16M
Vol(50)4.51M