URANIUM ROYALTY CORP (UROY) Stock Technical Analysis
NASDAQ:UROY - Nasdaq - CA91702V1013 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to UROY. Both in the recent history as in the last year, UROY has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
UROY is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 93% of 208 stocks in the same industry.
UROY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UROY is lagging the market slightly.
In the last month UROY has a been trading in the 2.29 - 3.29 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.
UROY has an average volume of 3834690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, UROY did better than 92% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although UROY has an excellent technical rating, it does not present a decent entry opportunity 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
2.32
3.13
2 important support areas can be observed.
- Support @2.46 from a trend line in the daily time frame.
- A support zone ranging from 2.34 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 UROY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UROY is up. |
| ChartMill Relative Strength | 92 | POSITIVE | UROY has a high relative strength, it outperformed 92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UROY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UROY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UROY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.61 | OVERBOUGHT | The high RSI value suggests UROY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests UROY has a positive trend. |
| Stochastics (14,3) | 78.71 | NEUTRAL | The Stochastics value for UROY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for UROY suggests some volalility. |
| Average Directional Index/ADX (14) | 30.69 | POSITIVE | The high ADX value value for UROY suggests a strong 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)
3.1
+0.05 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.64%
1 Week18.32%
2 Weeks30.8%
1 Month24.5%
3 Month67.57%
6 Month16.1%
12 Month34.2%
2 Year35.96%
3 Year6.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%4.86%
ATR Inc-4.9%
Range Today0.18
ADR(20)0.14
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92
Mansfield2.45
10 Day High3.3
10 Day Low2.36
20 Day High3.3
20 Day Low2.29
52 Week High3.3
52 Week Low1.43
CS1 End2.46
CR1 StartN/A
Volume & EV
DER(3)0.37%
DER(5)3.21%
Volume2.52M
Volume Incr100.36%
Vol(5)5.64M
Vol(50)3.83M