Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
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.
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MarketClub’s Trade Triangles for URAX
The long-term trend has been UP since Sep 3rd, 2021 at 759.17
The intermediate-term trend has been DOWN since Dec 1st, 2021 at 779.03
The short-term trend has been UP since Dec 7th, 2021 at 791.38
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 787.57 | 789.15 | 784.08 | 784.72 | -4.98 |
| Prev. Close | Volume | Bid | Ask | Time |
| 789.70 | 0 | 2021-12-08 08:35:04 |
| 52wk High | 371.88 | 52wk High Date | 2018-06-06 |
| 52wk Low | 304.21 | 52wk Low Date | 2017-12-01 |