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 EFR.TO
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Green day on Wednesday for Energy Fuels Inc.
(Updated on Mar 27, 2024)

Sell candidate since Mar 26, 2024 Gain 0.86% PDF

The Energy Fuels Inc. stock price gained 0.86% on the last trading day (Wednesday, 27th Mar 2024), rising from $8.17 to $8.24. During the last trading day the stock fluctuated 2.34% from a day low at $8.11 to a day high of $8.30. The price has risen in 6 of the last 10 days and is up by 3.13% over the past 2 weeks. Volume fell on the last day by -75 thousand shares and in total, 183 thousand shares were bought and sold for approximately $1.51 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very 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 -17.67% during the next 3 months and, with a 90% probability hold a price between $6.03 and $7.76 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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EFR.TO Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, March 13, 2024, and so far it has risen 3.13%. 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 fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Energy Fuels Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $8.30 and $8.55. A break-up above any of these levels will issue buy signals.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Thursday, February 01, 2024 with a target of $9.24. Despite whether the objective of the signal formation has been reached the stock may continue to fall.

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

Energy Fuels Inc. finds support from accumulated volume at $8.20 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 $0.190 between high and low, or 2.34%. For the last week, the stock has had daily average volatility of 3.36%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (EFR.TO) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Energy Fuels Inc. to open at $8.22, and during the day (based on 14 day Average True Range), to move between $7.88 and $8.60, which gives a possible trading interval of +/-$0.357 (+/-4.33%) up or down from last closing price. If Energy Fuels Inc. takes out the full calculated possible swing range there will be an estimated 8.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $8.20 (0.49%) than the resistance at $8.46 (2.67%), 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?

Energy Fuels Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.210 Sell Candidate Unchanged

Predicted Opening Price for Energy Fuels Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$8.22 ( 0.283%) $8.24

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

Trading levels for EFR.TO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 8.41 2.02 %
R2 8.33 1.14 %
R1 8.29 0.598 %
Current price: 8.24
Support S1 8.14 -1.16 %
S2 8.10 -1.71 %
S3 8.03 -2.59 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 10.27 24.64 %
R2 9.48 15.05 %
R1 8.46 2.67 %
Current price 8.24
Support S1 8.20 -0.485%
S2 8.17 -0.85%
S3 7.99 -3.03%

FAQ

What is the symbol for Energy Fuels Inc. Stock and on which exchange is it traded?
The symbol for Energy Fuels Inc. is EFR.TO and it is traded on the TSX (Toronto Stock Exchange).

Should I buy or sell Energy Fuels Inc. Stock?
Energy Fuels Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

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 2024-03-27, the price of an Energy Fuels Inc. (EFR.TO) share was $8.24.

What is the 52-week high and low for Energy Fuels Inc. Stock?
The 52-week high for Energy Fuels Inc. Stock is $12.17 and the 52-week low is $6.75.

What is the market capitalization of Energy Fuels Inc. Stock?
As of the 2024-03-27, the market capitalization of Energy Fuels Inc. is 1.348B.

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... EFR.TO Profile

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