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 02/01/2024 (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%

17%

My opinion

Bullish above 7.73 USD

My targets

8.12 USD (+2.14%)

8.60 USD (+8.18%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on ENERGY FUELS INC. This is a positive signal for buyers. As long as the price remains above 7.73 USD, a purchase could be considered. The first bullish objective is located at 8.12 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 8.60 USD as an objective. Crossing it would then enable buyers to target 8.94 USD. In the event of a return below 7.73 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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

6.3

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.

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Additional analysis

Quotes

The ENERGY FUELS INC rating is 7.95 USD. On the day, this instrument gained +5.30% and was between 7.85 USD and 8.21 USD. This implies that the price is at +1.27% from its lowest and at -3.17% from its highest.

7.85

8.21

7.95

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ENERGY FUELS INC:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ENERGY FUELS INC in Daily shows an overall bullish trend. 71.43% 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. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6.70	7.24	7.73	7.95	8.12	8.60	8.94
Change (%)	-15.72%	-8.93%	-2.77%	-	+2.14%	+8.18%	+12.45%
Change	-1.25	-0.71	-0.22	-	+0.17	+0.65	+0.99
Level	Major	Intermediate	Major	-	Major	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	7.05	7.30	7.42	7.67	7.79	8.04	8.16
Camarilla	7.45	7.48	7.52	7.55	7.58	7.62	7.65
Woodie	7.00	7.27	7.37	7.64	7.74	8.01	8.11
Fibonacci	7.30	7.44	7.53	7.67	7.81	7.90	8.04

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.48	6.82	7.06	7.40	7.64	7.98	8.22
Camarilla	7.14	7.19	7.25	7.30	7.35	7.41	7.46
Woodie	6.43	6.80	7.01	7.38	7.59	7.96	8.17
Fibonacci	6.82	7.04	7.18	7.40	7.62	7.76	7.98

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.28	5.93	6.74	7.39	8.20	8.85	9.66
Camarilla	7.15	7.28	7.42	7.55	7.68	7.82	7.95
Woodie	5.36	5.97	6.82	7.43	8.28	8.89	9.74
Fibonacci	5.93	6.49	6.83	7.39	7.95	8.29	8.85

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):	58.93
MACD (12,26,9):	0.0700
Directional Movement:	12.39
AROON (14):	100.00
DEMA (21):	7.51
Parabolic SAR (0,02-0,02-0,2):	7.03
Elder Ray (13):	0.52
Super Trend (3,10):	6.84
Zig ZAG (10):	7.89
VORTEX (21):	1.0500
Stochastique (14,3,5):	71.17
TEMA (21):	7.65
Williams %R (14):	-26.27
Chande Momentum Oscillator (20):	0.18
Repulse (5,40,3):	-1.7600
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	12.69

MA7:	7.53
MA20:	7.35
MA50:	7.52
MA100:	7.71
MAexp7:	7.60
MAexp20:	7.46
MAexp50:	7.48
MAexp100:	7.42
Price / MA7:	+5.58%
Price / MA20:	+8.16%
Price / MA50:	+5.72%
Price / MA100:	+3.11%
Price / MAexp7:	+4.61%
Price / MAexp20:	+6.57%
Price / MAexp50:	+6.28%
Price / MAexp100:	+7.14%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

The latest news and videos published on ENERGY FUELS INC at the time of the analysis were as follows:

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

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