GLOBAL X URANIUM ETF - Daily - Technical analysis published on 11/11/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 21.66 USD
My targets
23.13 USD (+5.51%)
23.77 USD (+8.44%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GLOBAL X URANIUM ETF as long as the price remains well above 21.66 USD. The buyers' bullish objective is set at 23.13 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 23.77 USD. If there is any crossing, the next objective would be the resistance located at 26.77 USD.
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
5.9
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This analysis was given by Clay707. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GLOBAL X URANIUM ETF rating is 21.92 USD. The price registered an increase of +3.30% on the session and was between 21.27 USD and 21.98 USD. This implies that the price is at +3.06% from its lowest and at -0.27% from its highest.21.27
21.98
21.92
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this GLOBAL X URANIUM ETF chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Upside gap
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 18.04 | 18.99 | 20.55 | 21.92 | 23.77 | 26.77 | 28.41 |
| Change (%) | -17.70% | -13.37% | -6.25% | - | +8.44% | +22.13% | +29.61% |
| Change | -3.88 | -2.93 | -1.37 | - | +1.85 | +4.85 | +6.49 |
| Level | Major | Intermediate | Major | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.35 | 20.53 | 20.87 | 21.05 | 21.39 | 21.57 | 21.91 |
| Camarilla | 21.08 | 21.13 | 21.17 | 21.22 | 21.27 | 21.32 | 21.36 |
| Woodie | 20.44 | 20.57 | 20.96 | 21.09 | 21.48 | 21.61 | 22.00 |
| Fibonacci | 20.53 | 20.73 | 20.85 | 21.05 | 21.25 | 21.37 | 21.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.91 | 18.65 | 19.45 | 20.19 | 20.99 | 21.73 | 22.53 |
| Camarilla | 19.82 | 19.96 | 20.10 | 20.24 | 20.38 | 20.52 | 20.66 |
| Woodie | 17.93 | 18.67 | 19.47 | 20.21 | 21.01 | 21.75 | 22.55 |
| Fibonacci | 18.65 | 19.24 | 19.61 | 20.19 | 20.78 | 21.15 | 21.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.54 | 17.01 | 18.60 | 20.07 | 21.66 | 23.13 | 24.72 |
| Camarilla | 19.36 | 19.64 | 19.92 | 20.20 | 20.48 | 20.76 | 21.04 |
| Woodie | 15.61 | 17.04 | 18.67 | 20.10 | 21.73 | 23.16 | 24.79 |
| Fibonacci | 17.01 | 18.18 | 18.90 | 20.07 | 21.24 | 21.96 | 23.13 |
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): | 59.65 | |
| MACD (12,26,9): | 0.1600 | |
| Directional Movement: | 10.61 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 20.66 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.52 | |
| Elder Ray (13): | 0.97 | |
| Super Trend (3,10): | 19.10 | |
| Zig ZAG (10): | 21.87 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 72.26 | |
| TEMA (21): | 21.00 | |
| Williams %R (14): | -4.65 | |
| Chande Momentum Oscillator (20): | 0.86 | |
| Repulse (5,40,3): | 2.7000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 7.53 |
| MA7: | 20.74 | |
| MA20: | 20.37 | |
| MA50: | 20.83 | |
| MA100: | 20.59 | |
| MAexp7: | 20.93 | |
| MAexp20: | 20.55 | |
| MAexp50: | 20.63 | |
| MAexp100: | 20.96 | |
| Price / MA7: | +5.69% | |
| Price / MA20: | +7.61% | |
| Price / MA50: | +5.23% | |
| Price / MA100: | +6.46% | |
| Price / MAexp7: | +4.73% | |
| Price / MAexp20: | +6.67% | |
| Price / MAexp50: | +6.25% | |
| Price / MAexp100: | +4.58% |
Quotes :
-
15 min delayed data
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NYSE MKT Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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