CENTRUS ENERGY

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	LEU
ISIN:

CENTRUS ENERGY - Daily - Technical analysis published on 11/09/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bullish

Technical indicators

17%

50%

33%

My opinion

Bearish under 55.16 USD

My targets

47.87 USD (-4.65%)

42.32 USD (-15.70%)

My analysis

The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for CENTRUS ENERGY as long as the price remains well below 55.16 USD. The next bearish objective for sellers is set at 47.87 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 42.32 USD. In case of crossing, the next objective would be the support located at 35.95 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 47.87 USD. With this support, against the trend traders who want to buy CENTRUS ENERGY on a buy signal from their trading strategy should not hesitate to act.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

1.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

CENTRUS ENERGY rating 50.20 USD. The price has increased by +3.48% since the last closing and was traded between 48.13 USD and 51.98 USD over the period. The price is currently at +4.30% from its lowest and -3.42% from its highest.

48.13

51.98

50.20

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this CENTRUS ENERGY chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	27.46	35.95	42.32	50.20	50.37	55.16	60.00
Change (%)	-45.30%	-28.39%	-15.70%	-	+0.34%	+9.88%	+19.52%
Change	-22.74	-14.25	-7.88	-	+0.17	+4.96	+9.80
Level	Major	Minor	Minor	-	Major	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	41.14	44.27	46.39	49.52	51.64	54.77	56.89
Camarilla	47.07	47.55	48.03	48.51	48.99	49.47	49.95
Woodie	40.64	44.02	45.89	49.27	51.14	54.52	56.39
Fibonacci	44.27	46.28	47.52	49.52	51.53	52.77	54.77

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	41.04	44.14	49.51	52.61	57.98	61.08	66.45
Camarilla	52.56	53.34	54.11	54.89	55.67	56.44	57.22
Woodie	42.19	44.71	50.66	53.18	59.13	61.65	67.60
Fibonacci	44.14	47.37	49.37	52.61	55.84	57.84	61.08

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	45.43
MACD (12,26,9):	-0.1800
Directional Movement:	-11.82
AROON (14):	21.43
DEMA (21):	52.30
Parabolic SAR (0,02-0,02-0,2):	55.59
Elder Ray (13):	-2.15
Super Trend (3,10):	57.10
Zig ZAG (10):	50.40
VORTEX (21):	0.8700
Stochastique (14,3,5):	46.22
TEMA (21):	51.32
Williams %R (14):	-61.81
Chande Momentum Oscillator (20):	-2.33
Repulse (5,40,3):	-2.4500
ROCnROLL:	-1
TRIX (15,9):	-0.0100
Courbe Coppock:	1.73

MA7:	52.69
MA20:	52.38
MA50:	52.76
MA100:	45.08
MAexp7:	51.81
MAexp20:	52.39
MAexp50:	50.89
MAexp100:	46.88
Price / MA7:	-4.73%
Price / MA20:	-4.16%
Price / MA50:	-4.85%
Price / MA100:	+11.36%
Price / MAexp7:	-3.11%
Price / MAexp20:	-4.18%
Price / MAexp50:	-1.36%
Price / MAexp100:	+7.08%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

The latest news and videos published on CENTRUS ENERGY at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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