ENERGY FUELS INC - 1H - Technical analysis published on 08/30/2024 (GMT)
- 111
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
56%
11%
33%
My opinion
Neutral between 4.69 USD and 4.93 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 4.69 USD. The first resistance is located at 4.93 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ENERGY FUELS INC rating 4.78 USD. The price registered a decrease of -0.21% on the session and was between 4.76 USD and 4.82 USD. This implies that the price is at +0.42% from its lowest and at -0.83% from its highest.4.76
4.82
4.78
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of ENERGY FUELS INC indicates that the overall trend is slightly bearish. 46.43% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.09 | 4.44 | 4.69 | 4.78 | 4.93 | 5.09 | 5.41 |
| Change (%) | -14.44% | -7.11% | -1.88% | - | +3.14% | +6.49% | +13.18% |
| Change | -0.69 | -0.34 | -0.09 | - | +0.15 | +0.31 | +0.63 |
| Level | Major | Major | Major | - | Major | Major | Minor |
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 | 4.50 | 4.59 | 4.69 | 4.78 | 4.88 | 4.97 | 5.07 |
| Camarilla | 4.74 | 4.76 | 4.77 | 4.79 | 4.81 | 4.83 | 4.84 |
| Woodie | 4.51 | 4.59 | 4.70 | 4.78 | 4.89 | 4.97 | 5.08 |
| Fibonacci | 4.59 | 4.66 | 4.71 | 4.78 | 4.85 | 4.90 | 4.97 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.15 | 4.38 | 4.64 | 4.87 | 5.13 | 5.36 | 5.62 |
| Camarilla | 4.78 | 4.82 | 4.87 | 4.91 | 4.96 | 5.00 | 5.05 |
| Woodie | 4.18 | 4.39 | 4.67 | 4.88 | 5.16 | 5.37 | 5.65 |
| Fibonacci | 4.38 | 4.56 | 4.68 | 4.87 | 5.05 | 5.17 | 5.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.81 | 4.60 | 5.14 | 5.93 | 6.47 | 7.26 | 7.80 |
| Camarilla | 5.32 | 5.45 | 5.57 | 5.69 | 5.81 | 5.93 | 6.06 |
| Woodie | 3.70 | 4.54 | 5.03 | 5.87 | 6.36 | 7.20 | 7.69 |
| Fibonacci | 4.60 | 5.11 | 5.42 | 5.93 | 6.44 | 6.75 | 7.26 |
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): | 51.39 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -4.27 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 4.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.89 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 4.93 | |
| Zig ZAG (10): | 4.82 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 55.22 | |
| TEMA (21): | 4.77 | |
| Williams %R (14): | -28.98 | |
| Chande Momentum Oscillator (20): | 0.07 | |
| Repulse (5,40,3): | 1.0600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 0.93 |
| MA7: | 4.79 | |
| MA20: | 4.68 | |
| MA50: | 5.40 | |
| MA100: | 5.73 | |
| MAexp7: | 4.78 | |
| MAexp20: | 4.79 | |
| MAexp50: | 4.80 | |
| MAexp100: | 4.82 | |
| Price / MA7: | -0.21% | |
| Price / MA20: | +2.14% | |
| Price / MA50: | -11.48% | |
| Price / MA100: | -16.58% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.21% | |
| Price / MAexp50: | -0.42% | |
| Price / MAexp100: | -0.83% |
Quotes :
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15 min delayed data
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NYSE MKT Stocks
News
The latest news and videos published on ENERGY FUELS INC at the time of the analysis were as follows:
- Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Breaking Cycle of Dependence
- Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Tilting Balance Back to America
- Energy Fuels Inc. CEO Discusses Newly Released Sustainability Report and Entry Into Rare Earths Production for 2021
- Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Marks Milestone, Produces Mixed REE Concentrate at Utah Mill
- Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Working to Re-Ignite REE production in the US
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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