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 UEC
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Green day on Thursday for Uranium Energy
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Gain 0.75% PDF

The Uranium Energy stock price gained 0.746% on the last trading day (Thursday, 28th Mar 2024), rising from $6.70 to $6.75. During the last trading day the stock fluctuated 3.29% from a day low at $6.69 to a day high of $6.91. The price has risen in 6 of the last 10 days and is up by 5.97% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately $42.11 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 -9.25% during the next 3 months and, with a 90% probability hold a price between $5.59 and $6.99 at the end of this 3-month period.

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UEC Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has risen 7.48%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Uranium Energy stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $6.81 and $6.80. A break-up above any of these levels will issue buy signals.

Support, Risk & Stop-loss for Uranium Energy stock

Uranium Energy finds support from accumulated volume at $6.44 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 $0.220 between high and low, or 3.29%. For the last week, the stock has had daily average volatility of 3.82%.

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

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

For the upcoming trading day on Monday, 1st we expect Uranium Energy Corp to open at $6.78, and during the day (based on 14 day Average True Range), to move between $6.42 and $7.08, which gives a possible trading interval of +/-$0.334 (+/-4.95%) up or down from last closing price. If Uranium Energy Corp takes out the full calculated possible swing range there will be an estimated 9.90% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $6.44 (4.59%) than the resistance at $7.64 (13.19%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Uranium Energy Corp stock A Buy?

Uranium Energy holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.624 Sell Candidate Unchanged

Predicted Opening Price for Uranium Energy Corp of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$6.78 ( 0.494%) $6.75

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

Trading levels for UEC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 7.00 3.75 %
R2 6.92 2.51 %
R1 6.87 1.74 %
Current price: 6.75
Support S1 6.70 -0.751 %
S2 6.65 -1.52 %
S3 6.56 -2.77 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 8.00 18.52 %
R2 7.77 15.11 %
R1 7.64 13.19 %
Current price 6.75
Support S1 6.44 -4.59%
S2 6.40 -5.19%
S3 6.37 -5.63%

FAQ

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

Should I buy or sell Uranium Energy Stock?
Uranium Energy holds several negative signals and we believe that 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 Uranium Energy Stock?
Uranium Energy Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Uranium Energy Stock.

What's the current price of Uranium Energy Stock?
As of the end of day on the 2024-03-28, the price of an Uranium Energy (UEC) share was $6.75.

What is the 52-week high and low for Uranium Energy Stock?
The 52-week high for Uranium Energy Stock is $8.34 and the 52-week low is $2.30.

What is the market capitalization of Uranium Energy Stock?
As of the 2024-03-28, the market capitalization of Uranium Energy is 2.728B.

When is the next earnings date for Uranium Energy?
The upcoming earnings date for Uranium Energy is Jun 13, 2024.
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About Uranium Energy Corp

Uranium Energy Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Slick Rock project in Colorado; Reno Creek project in Wyoming; Diabase... UEC Profile

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