CENTRUS ENERGY - 1H - Technical analysis published on 11/02/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 53.79 USD
My targets
56.90 USD (+4.08%)
60.00 USD (+9.75%)
My analysis
The bullish trend is currently very strong on CENTRUS ENERGY. As long as the price remains above the support at 53.79 USD, you could try to benefit from the boom. The first bullish objective is located at 56.90 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 60.00 USD as an objective. Crossing it would then enable buyers to target 61.35 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7
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Additional analysis
Quotes
CENTRUS ENERGY rating 54.67 USD. The price has increased by +4.59% since the last closing with the lowest point at 52.76 USD and the highest point at 55.70 USD. The deviation from the price is +3.62% for the low point and -1.85% for the high point.52.76
55.70
54.67
Here is a more detailed summary of the historical variations registered by CENTRUS ENERGY:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CENTRUS ENERGY chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 11 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 50.37 | 52.56 | 53.79 | 54.67 | 56.90 | 60.00 | 61.35 |
Change (%) | -7.87% | -3.86% | -1.61% | - | +4.08% | +9.75% | +12.22% |
Change | -4.30 | -2.11 | -0.88 | - | +2.23 | +5.33 | +6.68 |
Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 49.25 | 50.32 | 51.30 | 52.37 | 53.35 | 54.42 | 55.40 |
Camarilla | 51.71 | 51.89 | 52.08 | 52.27 | 52.46 | 52.65 | 52.83 |
Woodie | 49.20 | 50.30 | 51.25 | 52.35 | 53.30 | 54.40 | 55.35 |
Fibonacci | 50.32 | 51.11 | 51.59 | 52.37 | 53.16 | 53.64 | 54.42 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 42.42 | 45.87 | 47.74 | 51.19 | 53.06 | 56.51 | 58.38 |
Camarilla | 48.16 | 48.65 | 49.13 | 49.62 | 50.11 | 50.60 | 51.08 |
Woodie | 41.64 | 45.48 | 46.96 | 50.80 | 52.28 | 56.12 | 57.60 |
Fibonacci | 45.87 | 47.90 | 49.15 | 51.19 | 53.22 | 54.47 | 56.51 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 38.10 | 42.66 | 47.87 | 52.43 | 57.64 | 62.20 | 67.41 |
Camarilla | 50.38 | 51.28 | 52.17 | 53.07 | 53.97 | 54.86 | 55.76 |
Woodie | 38.42 | 42.82 | 48.19 | 52.59 | 57.96 | 62.36 | 67.73 |
Fibonacci | 42.66 | 46.40 | 48.70 | 52.43 | 56.17 | 58.47 | 62.20 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 59.77 | |
MACD (12,26,9): | 0.9300 | |
Directional Movement: | 13.69 | |
AROON (14): | 42.86 | |
DEMA (21): | 53.96 | |
Parabolic SAR (0,02-0,02-0,2): | 53.60 | |
Elder Ray (13): | 0.76 | |
Super Trend (3,10): | 50.97 | |
Zig ZAG (10): | 54.00 | |
VORTEX (21): | 1.1800 | |
Stochastique (14,3,5): | 60.38 | |
TEMA (21): | 54.71 | |
Williams %R (14): | -37.21 | |
Chande Momentum Oscillator (20): | 1.93 | |
Repulse (5,40,3): | -0.2200 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.2200 | |
Courbe Coppock: | 10.31 |
MA7: | 51.86 | |
MA20: | 52.63 | |
MA50: | 52.07 | |
MA100: | 44.18 | |
MAexp7: | 53.92 | |
MAexp20: | 52.86 | |
MAexp50: | 52.12 | |
MAexp100: | 52.25 | |
Price / MA7: | +5.42% | |
Price / MA20: | +3.88% | |
Price / MA50: | +4.99% | |
Price / MA100: | +23.74% | |
Price / MAexp7: | +1.39% | |
Price / MAexp20: | +3.42% | |
Price / MAexp50: | +4.89% | |
Price / MAexp100: | +4.63% |
Quotes :
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15 min delayed data
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NYSE MKT Stocks
News
The latest news and videos published on CENTRUS ENERGY at the time of the analysis were as follows:
- Centrus to Webcast Conference Call on November 8 at 8:30 a.m. ET
- Centrus Begins Enrichment Operations in Ohio
- Centrus to Participate in TD Cowen's Nuclear Fuel Cycle Roundtable
- Centrus to Participate in H.C. Wainwright's 25th Annual Global Investment Conference
- Centrus to Begin HALEU Production in October
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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