GLOBAL X URANIUM UCITS USD-A (URNU.MI) Stock Technical Analysis
BIT:URNU - Euronext Milan - IE000NDWFGA5 - ETF - Currency: EUR
Overall URNU gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. URNU was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, URNU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 14.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.14, a Stop Loss order could be placed below this zone.
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10.58
We found 2 important support areas.
- A support zone ranging from 13.99 to 14.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.69 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.27 to 14.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.16 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 URNU.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for URNU.MI is up. |
| ChartMill Relative Strength | 26.84 | NEGATIVE | URNU.MI has a low relative strength, it was outperformed by 73.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of URNU.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of URNU.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of URNU.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.48 | NEUTRAL | The RSI value for URNU.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests URNU.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.07 | OVERBOUGHT | The high Stochastics value suggests URNU.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for URNU.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.51 | POSITIVE | The high ADX value value for URNU.MI suggests a strong trend. |
BIT:URNU (5/22/2025, 4:05:50 PM)
14.188
+0.04 (+0.27%)