CENTRUS ENERGY - Daily - Technical analysis published on 11/29/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 85.59 USD
My targets
98.59 USD (+8.75%)
109.53 USD (+20.81%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CENTRUS ENERGY as long as the price remains well above 85.59 USD. The buyers' bullish objective is set at 98.59 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 109.53 USD. If there is any crossing, the next objective would be the resistance located at 318.90 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CENTRUS ENERGY rating is 90.66 USD. The price has increased by +9.90% since the last closing with the lowest point at 83.04 USD and the highest point at 92.40 USD. The deviation from the price is +9.18% for the low point and -1.88% for the high point.83.04
92.40
90.66
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
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 strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 68.27 | 75.73 | 85.59 | 90.66 | 91.76 | 98.59 | 109.53 |
| Change (%) | -24.70% | -16.47% | -5.59% | - | +1.21% | +8.75% | +20.81% |
| Change | -22.39 | -14.93 | -5.07 | - | +1.10 | +7.93 | +18.87 |
| Level | Major | Intermediate | Major | - | Intermediate | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 76.68 | 79.38 | 80.94 | 83.64 | 85.20 | 87.90 | 89.46 |
| Camarilla | 81.32 | 81.71 | 82.10 | 82.49 | 82.88 | 83.27 | 83.66 |
| Woodie | 76.10 | 79.10 | 80.36 | 83.36 | 84.62 | 87.62 | 88.88 |
| Fibonacci | 79.38 | 81.01 | 82.02 | 83.64 | 85.27 | 86.28 | 87.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.37 | 56.46 | 71.66 | 79.75 | 94.95 | 103.04 | 118.24 |
| Camarilla | 80.45 | 82.58 | 84.72 | 86.85 | 88.99 | 91.12 | 93.26 |
| Woodie | 51.92 | 58.24 | 75.21 | 81.53 | 98.50 | 104.82 | 121.79 |
| Fibonacci | 56.46 | 65.36 | 70.86 | 79.75 | 88.65 | 94.15 | 103.04 |
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): | 56.65 | |
| MACD (12,26,9): | 1.2300 | |
| Directional Movement: | 9.50 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 84.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 65.53 | |
| Elder Ray (13): | 4.76 | |
| Super Trend (3,10): | 99.87 | |
| Zig ZAG (10): | 90.66 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 66.71 | |
| TEMA (21): | 81.38 | |
| Williams %R (14): | -14.26 | |
| Chande Momentum Oscillator (20): | -0.85 | |
| Repulse (5,40,3): | 5.8900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2100 | |
| Courbe Coppock: | 12.72 |
| MA7: | 82.81 | |
| MA20: | 83.38 | |
| MA50: | 76.73 | |
| MA100: | 58.52 | |
| MAexp7: | 83.67 | |
| MAexp20: | 82.64 | |
| MAexp50: | 75.54 | |
| MAexp100: | 65.45 | |
| Price / MA7: | +9.48% | |
| Price / MA20: | +8.73% | |
| Price / MA50: | +18.15% | |
| Price / MA100: | +54.92% | |
| Price / MAexp7: | +8.35% | |
| Price / MAexp20: | +9.70% | |
| Price / MAexp50: | +20.02% | |
| Price / MAexp100: | +38.52% |
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 Energy to Participate in Bank of America's Clean Energy Symposium
- 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
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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