GLOBAL X URANIUM ETF - Daily - Technical analysis published on 11/16/2022 (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
83%
0%
17%
My opinion
Bullish above 21.01 USD
My targets
22.56 USD (+4.20%)
23.77 USD (+9.79%)
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 21.01 USD. The buyers' bullish objective is set at 22.56 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
6.6
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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 price is 21.65 USD. The price has increased by +0.84% since the last closing with the lowest point at 21.51 USD and the highest point at 21.91 USD. The deviation from the price is +0.65% for the low point and -1.19% for the high point.21.51
21.91
21.65
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GLOBAL X URANIUM ETF in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced 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.
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
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 18.04 | 19.61 | 21.01 | 21.65 | 22.56 | 23.77 | 26.77 |
| Change (%) | -16.67% | -9.42% | -2.96% | - | +4.20% | +9.79% | +23.65% |
| Change | -3.61 | -2.04 | -0.64 | - | +0.91 | +2.12 | +5.12 |
| Level | Major | Major | Intermediate | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.07 | 21.29 | 21.47 | 21.69 | 21.87 | 22.09 | 22.27 |
| Camarilla | 21.54 | 21.58 | 21.61 | 21.65 | 21.69 | 21.72 | 21.76 |
| Woodie | 21.05 | 21.28 | 21.45 | 21.68 | 21.85 | 22.08 | 22.25 |
| Fibonacci | 21.29 | 21.44 | 21.54 | 21.69 | 21.84 | 21.94 | 22.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.68 | 19.39 | 20.57 | 21.28 | 22.46 | 23.17 | 24.35 |
| Camarilla | 21.24 | 21.41 | 21.59 | 21.76 | 21.93 | 22.11 | 22.28 |
| Woodie | 18.93 | 19.51 | 20.82 | 21.40 | 22.71 | 23.29 | 24.60 |
| Fibonacci | 19.39 | 20.11 | 20.56 | 21.28 | 22.00 | 22.45 | 23.17 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 57.83 | |
| MACD (12,26,9): | 0.2600 | |
| Directional Movement: | 10.82 | |
| AROON (14): | 42.85 | |
| DEMA (21): | 20.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.72 | |
| Elder Ray (13): | 0.82 | |
| Super Trend (3,10): | 21.79 | |
| Zig ZAG (10): | 21.65 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 86.30 | |
| TEMA (21): | 21.35 | |
| Williams %R (14): | -12.79 | |
| Chande Momentum Oscillator (20): | 0.98 | |
| Repulse (5,40,3): | -1.1500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 8.21 |
| MA7: | 21.18 | |
| MA20: | 20.54 | |
| MA50: | 20.80 | |
| MA100: | 20.65 | |
| MAexp7: | 21.20 | |
| MAexp20: | 20.72 | |
| MAexp50: | 20.70 | |
| MAexp100: | 20.97 | |
| Price / MA7: | +2.22% | |
| Price / MA20: | +5.40% | |
| Price / MA50: | +4.09% | |
| Price / MA100: | +4.84% | |
| Price / MAexp7: | +2.12% | |
| Price / MAexp20: | +4.49% | |
| Price / MAexp50: | +4.59% | |
| Price / MAexp100: | +3.24% |
Quotes :
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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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