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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

World Uranium Total Return Index (EUR) (CME:URAX)

Sidelines Mode (+55) - URAX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid URAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for URAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_URAX
Open High Low URAX Price Change
1372.31 1380.07 1363.60 1367.40 -6.09
Entry Signal

MarketClub’s Trade Triangles for URAX

long term up The long-term trend has been UP since Apr 12th, 2024 at 1476.21

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2024 at 1321.63

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 1412.23

Smart Scan Analysis for URAX

Based on our trend formula, URAX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for URAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1372.31 1380.07 1363.60 1367.40 -6.09
Prev. Close Volume Bid Ask Time
1373.49 0 2024-04-19 14:04:34
52wk High371.8852wk High Date2018-06-06
52wk Low304.2152wk Low Date2017-12-01
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