Taking everything into account, URNM scores 6 out of 10 in our technical rating. URNM was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
URNM has an average technical rating and also 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
50.28
2 important support areas can be observed.
- A support zone ranging from 53.41 to 53.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 50.79 to 51.36. 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 55.85 to 56.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @58.62 from a horizontal line in the weekly time frame.
- Resistance @60.13 from a horizontal line in the daily 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 URNM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for URNM is neutral. |
| ChartMill Relative Strength | 80.81 | POSITIVE | URNM has a high relative strength, it outperformed 80.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of URNM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of URNM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of URNM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.57 | NEUTRAL | The RSI value for URNM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests URNM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.91 | NEUTRAL | The Stochastics value for URNM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for URNM suggests some volalility. |
| Average Directional Index/ADX (14) | 13.78 | NEGATIVE | The low ADX value for URNM suggests a weak or negative trend. |
55.7
+2.57 (+4.84%)
SPROTT URANIUM MINERS ETF / URNM FAQ
Can you provide the ChartMill technical rating for SPROTT URANIUM MINERS ETF?
ChartMill assigns a technical rating of 6 / 10 to URNM.
What is the trend direction for URNM stock?
The current trend direction for SPROTT URANIUM MINERS ETF (URNM) is Bearish.
What is the RSI signal for URNM stock?
SPROTT URANIUM MINERS ETF (URNM) has an RSI value of 48.5662. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SPROTT URANIUM MINERS ETF?
The short term momentum for SPROTT URANIUM MINERS ETF (URNM) is neutral.