ROUNDHILL URANIUM ETF (UX) Technical Analysis
NYSEARCA:UX • US77926X6849
Current stock price
UX Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to UX. Although UX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Warning: UX has an average volume of 5464 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When comparing the yearly performance of all stocks, we notice that UX is one of the better performing stocks in the market, outperforming 70% of all stocks. On top of that, UX also shows a nice and consistent pattern of rising prices.
- In the last month UX has a been trading in the 27.98 - 31.34 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- UX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UX is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
UX Weekly and Daily overview Charts
UX Setup Rating and Analysis
UX 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. There is a resistance zone just above the current price starting at 30.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
UX Support and Resistance Analysis
27.20
We found 2 important support areas.
- A support zone ranging from 28.02 to 28.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @27.47 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.34 to 31.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
UX Technical Indicator Signal Analysis
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 UX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UX is neutral. |
| ChartMill Relative Strength | 70.21 | POSITIVE | UX has a high relative strength, it outperformed 70.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of UX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.57 | NEUTRAL | The RSI value for UX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests UX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.85 | NEUTRAL | The Stochastics value for UX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for UX suggests some volalility. |
| Average Directional Index/ADX (14) | 12.38 | NEGATIVE | The low ADX value for UX suggests a weak or negative trend. |
UX Chart- and CandleStick Pattern Analysis
UX Technicals: Chart, Performance Metrics, Trend & Indicators
29.8333
-0.61 (-2.01%)
ROUNDHILL URANIUM ETF / UX TA FAQ
Can you provide the ChartMill technical rating for ROUNDHILL URANIUM ETF?
ChartMill assigns a technical rating of 4 / 10 to UX.
What is the trend direction for UX stock?
The current trend direction for ROUNDHILL URANIUM ETF (UX) is Bearish.
Can you provide the RSI signal for ROUNDHILL URANIUM ETF?
ROUNDHILL URANIUM ETF (UX) has an RSI value of 47.5732. This indicates that the stock is currently neutral.
What is the short term momentum for ROUNDHILL URANIUM ETF (UX) stock?
The short term momentum for ROUNDHILL URANIUM ETF (UX) is neutral.