CENTRUS ENERGY - Daily - Technical analysis published on 11/21/2024 (GMT)
- 79
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
39%
33%
28%
My opinion
Bullish above 75.73 USD
My targets
85.59 USD (+6.18%)
91.76 USD (+13.83%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CENTRUS ENERGY. As long as you are above the support located at 75.73 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 85.59 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 91.76 USD as an objective. Crossing it would then enable buyers to target 98.59 USD. If the support 75.73 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.7
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
The CENTRUS ENERGY price is 80.61 USD. The price has increased by +7.28% since the last closing and was between 72.92 USD and 81.00 USD. This implies that the price is at +10.55% from its lowest and at -0.48% from its highest.72.92
81.00
80.61
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CENTRUS ENERGY:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this CENTRUS ENERGY chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 7 are bullish, 5 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 60.00 | 67.82 | 75.73 | 80.61 | 85.59 | 91.76 | 98.59 |
| Change (%) | -25.57% | -15.87% | -6.05% | - | +6.18% | +13.83% | +22.30% |
| Change | -20.61 | -12.79 | -4.88 | - | +4.98 | +11.15 | +17.98 |
| Level | Major | Minor | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 59.64 | 63.01 | 69.07 | 72.44 | 78.50 | 81.87 | 87.93 |
| Camarilla | 72.55 | 73.41 | 74.28 | 75.14 | 76.00 | 76.87 | 77.73 |
| Woodie | 61.00 | 63.68 | 70.43 | 73.11 | 79.86 | 82.54 | 89.29 |
| Fibonacci | 63.01 | 66.61 | 68.83 | 72.44 | 76.04 | 78.26 | 81.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.52 | 51.59 | 60.87 | 77.94 | 87.22 | 104.29 | 113.57 |
| Camarilla | 62.91 | 65.33 | 67.75 | 70.16 | 72.58 | 74.99 | 77.41 |
| Woodie | 30.64 | 49.64 | 56.99 | 75.99 | 83.34 | 102.34 | 109.69 |
| Fibonacci | 51.59 | 61.65 | 67.87 | 77.94 | 88.00 | 94.22 | 104.29 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.50 | 35.13 | 69.47 | 89.10 | 123.44 | 143.07 | 177.41 |
| Camarilla | 88.97 | 93.92 | 98.86 | 103.81 | 108.76 | 113.71 | 118.65 |
| Woodie | 22.86 | 38.81 | 76.83 | 92.78 | 130.80 | 146.75 | 184.77 |
| Fibonacci | 35.13 | 55.75 | 68.48 | 89.10 | 109.72 | 122.45 | 143.07 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 49.43 | |
| MACD (12,26,9): | -0.2300 | |
| Directional Movement: | -1.13 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 82.64 | |
| Parabolic SAR (0,02-0,02-0,2): | 95.69 | |
| Elder Ray (13): | -4.12 | |
| Super Trend (3,10): | 99.87 | |
| Zig ZAG (10): | 79.24 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 25.24 | |
| TEMA (21): | 76.31 | |
| Williams %R (14): | -51.28 | |
| Chande Momentum Oscillator (20): | 3.66 | |
| Repulse (5,40,3): | 11.6300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.5400 | |
| Courbe Coppock: | 36.09 |
| MA7: | 75.80 | |
| MA20: | 86.69 | |
| MA50: | 72.22 | |
| MA100: | 56.31 | |
| MAexp7: | 77.63 | |
| MAexp20: | 80.93 | |
| MAexp50: | 73.40 | |
| MAexp100: | 63.38 | |
| Price / MA7: | +6.35% | |
| Price / MA20: | -7.01% | |
| Price / MA50: | +11.62% | |
| Price / MA100: | +43.15% | |
| Price / MAexp7: | +3.84% | |
| Price / MAexp20: | -0.40% | |
| Price / MAexp50: | +9.82% | |
| Price / MAexp100: | +27.19% |
Quotes :
-
15 min delayed data
-
NYSE MKT Stocks
News
The last news published on CENTRUS ENERGY at the time of the generation of this analysis was as follows:
- Centrus Launches Additional Investment in Centrifuge Manufacturing
- Centrus Appoints Neal Nagarajan as Senior Vice President and Head of Investor Relations
- Centrus Announces Pricing of Private Offering of $350 Million of 2.25% Convertible Senior Notes due 2030
- Centrus Announces Proposed Private Offering of $350 Million of Convertible Senior Notes due 2030
- Centrus Reports Third Quarter 2024 Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis CENTRUS ENERGY - Daily