RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of UUUU
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Stronger technical forecast for Energy Fuels Inc stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Energy Fuels Inc stock price gained 3.62% on the last trading day (Thursday, 28th Mar 2024), rising from $6.07 to $6.29. During the last trading day the stock fluctuated 3.96% from a day low at $6.06 to a day high of $6.30. The price has been going up and down for this period, and there has been a 6.61% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 million more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately $40.79 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -18.68% during the next 3 months and, with a 90% probability hold a price between $4.59 and $5.64 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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UUUU Signals & Forecast

Mostly positive signals in the chart today. The Energy Fuels Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $6.15 and $6.29. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 6.61%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Energy Fuels Inc stock

Energy Fuels Inc finds support from accumulated volume at $6.14 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.240 between high and low, or 3.96%. For the last week, the stock has had daily average volatility of 3.76%.

Our recommended stop-loss: $6.01 (-4.50%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 10 days ago.)

Trading Expectations (UUUU) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Energy Fuels Inc to open at $6.22, and during the day (based on 14 day Average True Range), to move between $6.01 and $6.57, which gives a possible trading interval of +/-$0.278 (+/-4.41%) up or down from last closing price. If Energy Fuels Inc takes out the full calculated possible swing range there will be an estimated 8.82% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $6.14 (2.38%) than the resistance at $6.98 (10.97%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Energy Fuels Inc stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 4.062 Buy Candidate Upgraded

Predicted Opening Price for Energy Fuels Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$6.22 ( 1.17%) $6.29

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for UUUU

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 6.46 2.65 %
R2 6.36 1.19 %
R1 6.31 0.292 %
Current price: 6.29
Support S1 6.12 -2.62 %
S2 6.07 -3.52 %
S3 5.98 -4.98 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 7.72 22.73 %
R2 7.66 21.78 %
R1 6.98 10.97 %
Current price 6.29
Support S1 6.14 -2.38%
S2 6.09 -3.18%
S3 6.02 -4.29%

FAQ

What is the symbol for Energy Fuels Inc Stock and on which exchange is it traded?
The symbol for Energy Fuels Inc is UUUU and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Energy Fuels Inc Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy Energy Fuels Inc Stock?
Energy Fuels Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Energy Fuels Inc Stock.

What's the current price of Energy Fuels Inc Stock?
As of the end of day on the 2024-03-28, the price of an Energy Fuels Inc (UUUU) share was $6.29.

What is the 52-week high and low for Energy Fuels Inc Stock?
The 52-week high for Energy Fuels Inc Stock is $9.03 and the 52-week low is $4.99.

What is the market capitalization of Energy Fuels Inc Stock?
As of the 2024-03-28, the market capitalization of Energy Fuels Inc is 1.029B.

When is the next earnings date for Energy Fuels Inc?
The upcoming earnings date for Energy Fuels Inc is May 03, 2024.
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About Energy Fuels Inc

Energy Fuels Energy Fuels Inc., together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of conventional and in situ uranium recovery in the United States. The company owns and operates the Nichols Ranch project, the Jane Dough property, and the Hank project located in Wyoming; and the Alta Mesa project located in Texas, as well as White Mesa Mill in Utah. It also holds interests in uranium and uranium/vanadium properties and... UUUU Profile

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