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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

World Uranium Total Return Index (USD) (CME:URAXD)

Bear Market Rally (-75) - URAXD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on URAXD as it may be in the beginning of a reversal.

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

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

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

CME_URAXD
Open High Low URAXD Price Change
1106.65 1106.97 1105.86 1106.36 -1.10
Entry Signal

MarketClub’s Trade Triangles for URAXD

long term down The long-term trend has been DOWN since Mar 14th, 2024 at 1012.51

intermediate term up The intermediate-term trend has been UP since Mar 25th, 2024 at 1101.01

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 1144.38

Smart Scan Analysis for URAXD

Based on our trend formula, URAXD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for URAXD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1106.65 1106.97 1105.86 1106.36 -1.10
Prev. Close Volume Bid Ask Time
1107.46 0 2024-04-24 01:02:49
52wk High333.7452wk High Date2018-06-07
52wk Low275.152wk Low Date2017-11-30
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