ENERGY FUELS INC

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	UUUU
ISIN:	CA2926717083

ENERGY FUELS INC - Daily - Technical analysis published on 02/21/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

11%

50%

39%

My opinion

Bullish above 6.70 USD

My targets

7.18 USD (+2.87%)

7.43 USD (+6.45%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 6.70 USD remains possible. It is advisable to trade ENERGY FUELS INC with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 6.70 USD. The next bullish objective for buyers is set at 7.18 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.43 USD. If there is any crossing, the next objective would be the resistance located at 7.69 USD. PS: if there is a bearish break in the support located at 6.70 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

1.6

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 AleksanderTheGreat. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ENERGY FUELS INC price is 6.98 USD. On the day, this instrument lost -1.13% and was traded between 6.88 USD and 7.04 USD over the period. The price is currently at +1.45% from its lowest and -0.85% from its highest.

6.88

7.04

6.98

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

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of ENERGY FUELS INC in Daily shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	5.42	5.76	6.70	6.98	7.18	7.43	7.69
Change (%)	-22.35%	-17.48%	-4.01%	-	+2.87%	+6.45%	+10.17%
Change	-1.56	-1.22	-0.28	-	+0.20	+0.45	+0.71
Level	Intermediate	Major	Major	-	Minor	Intermediate	Major

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	6.78	6.91	6.98	7.11	7.18	7.31	7.38
Camarilla	7.01	7.02	7.04	7.06	7.08	7.10	7.12
Woodie	6.76	6.90	6.96	7.10	7.16	7.30	7.36
Fibonacci	6.91	6.98	7.03	7.11	7.18	7.23	7.31

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.34	6.65	6.86	7.17	7.38	7.69	7.90
Camarilla	6.92	6.97	7.01	7.06	7.11	7.16	7.20
Woodie	6.28	6.63	6.80	7.15	7.32	7.67	7.84
Fibonacci	6.65	6.85	6.98	7.17	7.37	7.50	7.69

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.28	5.07	6.22	7.01	8.16	8.95	10.10
Camarilla	6.84	7.01	7.19	7.37	7.55	7.73	7.90
Woodie	4.46	5.16	6.40	7.10	8.34	9.04	10.28
Fibonacci	5.07	5.81	6.27	7.01	7.75	8.21	8.95

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):	48.50
MACD (12,26,9):	0.1200
Directional Movement:	1.55
AROON (14):	-57.14
DEMA (21):	7.40
Parabolic SAR (0,02-0,02-0,2):	7.70
Elder Ray (13):	-0.13
Super Trend (3,10):	6.56
Zig ZAG (10):	7.06
VORTEX (21):	1.0800
Stochastique (14,3,5):	28.99
TEMA (21):	7.37
Williams %R (14):	-90.22
Chande Momentum Oscillator (20):	-0.48
Repulse (5,40,3):	-3.9100
ROCnROLL:	-1
TRIX (15,9):	0.4200
Courbe Coppock:	2.13

MA7:	7.29
MA20:	7.33
MA50:	6.69
MA100:	6.73
MAexp7:	7.25
MAexp20:	7.20
MAexp50:	6.95
MAexp100:	6.84
Price / MA7:	-4.25%
Price / MA20:	-4.77%
Price / MA50:	+4.33%
Price / MA100:	+3.71%
Price / MAexp7:	-3.72%
Price / MAexp20:	-3.06%
Price / MAexp50:	+0.43%
Price / MAexp100:	+2.05%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

Don't forget to follow the news on ENERGY FUELS INC. At the time of publication of this analysis, the latest news was as follows:

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

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