NASDAQ:URNJ - Nasdaq - US85208P8086 - ETF - Currency: USD
Taking everything into account, URNJ scores 4 out of 10 in our technical rating. In the past year, URNJ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
URNJ has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 16.81, a Stop Loss order could be placed below this zone.
16.60
When analyzing the support we notice one important area.
We can see 2 important resistance areas.
16.82
-0.12 (-0.71%)